A laundry and cleaning business is one of the commonest businesses in Nigeria that’s profitable still whichever you start it. This is because there are many working class Nigerians who don’t have time to wash their clothes due to the level of work they do. In this post, we’ll be guiding you on how to start up a standard and profitable laundry and dry cleaning business with 1 million naira in Nigeria.
We are going to take you through steps and guides on how to start up this business in a profitable and good way.
How to Start Up a Standard and Profitable Laundry and Dry Cleaning Business with 1 Million Naira in Nigeria
1. Learning the Business
The first step to starting this business in a profitable way is learning from the successful people running this business in a standard way. You should go for some months coaching in their place to learn their process, washing, ironing, delivery, and all.
2. Source for Funds
After learning, you source for funds. To start a standard laundry business, you need a minimum of 1 million naira, and if you can get above this amount, it is still good.
3. Source for Good Location
When you get the funds, you source for a good location for your business. For a business you intend to start with 1 million naira, you need to consider busy locations of middle-income or high-income earners. You should be strategic with citing your business.
Consider availability of water and frequent power supply as determinants and great factors as you make a choice of places to choose for your business.
4. Procure or Buy your Washing and Business Items
Secure your business location, and start procuring what you need to start up the business. You procure the washing machine, the drying machine, your ironing table, industrial iron, and so on. You need to make your location look extremely neat and presentable to the eyes.
5. Advertise your Business and Location
Before you finally open your business and start operating, it is important you advertise your business and location. You can do this by words of mouth, posters, banners, social media, and so on. Let people know your location, services, and incentives.
6. Open the Business
You open the business with funfare. You invite your friends, family, and people in the neighborhood. While inviting them, offer them free services for the first time alongside the drinks and light refreshment you’ll offer to them.
7. Add other Related Services
You can add cloth repair and cloth making alongside your the laundry and dry cleaning business with time. You can also add home collection and delivery with time. Anything to diversify the business and make more money is welcomed.
8. Earn Good Income
With a profitable standard, well-located, well-advertised laundry business, you are sure of earning a daily income of 15000 naira and above. Of course, you have to employ more hands as you scale up to get more clothes. You should endeavor to charge affordable and reasonable price.
You don’t have to overcharge or undercharge.
Conclusion
This post has successfully looked at how to start up a standard and profitable laundry and dry cleaning business with 1 million naira in Nigeria. You just have to follow the steps and guidelines carefully, and you are good to go. Laundry business is a great business to start.