Scope and Limitation
Objectives of the Study
Main Objective:
Statement of the Problem
Primary Problem:
Review of Related Literature
The price of the typical HK equipped Laundromat ranges from $150,000 to $450,000. The wide price range is dependent upon the amount of equipment installed, remodeling decor and necessary leasehold improvements.
In any Laundromat operation there are both fixed and variable costs.
Research Methodology
#InstaLaundry Shop
#InstaLaundry is the first to offer a Laundromat service in the Bicol Region. The only existing business of the same kind in the country as of the time is currently located in Makati. With the establishment of a similar type of business in the region particularly in Naga City, the researchers believe that it will have a significant impact on the laundry industry in the city. The business will also offer additional services to its market, giving them an edge to competitors.
What is a Laundromat?
A Laundromat business is an establishment equipped with coin-operated & self-service washing machines and dryers.
Why Laundromat? increasing demand for laundry shops
good alternative for laundry services
Marketing
1.To identify the target market
2. To identify different marketing strategies to be used in the business
3. To determine the marketability
4. To define a reasonable price for the service
5. To gauge the present demand for laundry shops
Technical
1. To identify the strategic location
2. To make a structural design for the business
3. To determine the machineries, equipment, and the land or building to be used in the operation of the business
Financial
1. To determine the initial capital requirements
2. To identify the sources of financing the business
3. To determine the liquidity, profitability, solvency and the activity ratios of the business
4. To make an analysis on break-even
Financial
How much is the initial capital needed?
How