Wednesday, September 19, 2012

I have a tuxedo business and the dry cleaning bill is more than the rent is there other options? -

Raising the cost per rental is not an automatic must. I think that there are a few things that you could do. The first is to consider negotiating a discount/better pricing by holding meetings with multiple drycleaners. If your business is doing so much business that you are required to pay more than rent in cleaning fees then you should be doing a quantity sufficient to merit negotiations. Second, if you are really doing that much in dry cleaning you might consider opening up a drycleaning shop (either in your building if there is space) or elsewhere, preferably nearby. You would be able to get your dry cleaning done at a fraction of the cost and if you are able to manage a tuxedo shop you should be able to manage any other shop. The principles are the same. Just make sure you hire someone who knows what they are doing. Or third you could require the renter to get it cleaned and fine them the cost of cleaning if they don t (but I don t really like that last idea).

The cost of dry-cleaning is irrelevant to your rent. If you feel you are not making sufficient profit, raise the price of each rental to better cover your expenses.

>>>

 

Home Posts RSS Comments RSS