Laundry RoomCo-Founder Of Laundry Room
Dec. 2022Pretoria, Gauteng, South AfricaTrack Income & Expenses: Monitor daily sales, costs of detergents, utilities (water, electricity), wages, and maintenance. Set Pricing: Establish competitive and profitable pricing for services (wash & fold, dry cleaning, ironing, pickup/drop-off). Budgeting & Forecasting: Create monthly/annual budgets and predict cash flow to ensure sustainability and growth. Payroll Management: Pay staff salaries on time and manage any bonuses or overtime pay. Tax Compliance: Maintain proper records for VAT, business tax, or income tax. File returns on time. Financial Reporting: Prepare simple profit & loss reports, and understand basic KPIs (e.g., cost per load, revenue per machine). Inventory Management: Track stock levels of detergent, packaging, tags, and maintenance tools. Plan for Equipment Investment: Save and plan for purchasing or replacing washers/dryers and automation systems. Insure the Business: Get insurance for liability, property damage, fire, and employee compensation. Machine Maintenance & Safety: Regularly service machines to prevent breakdowns, leaks, fires, or electric hazards. Prevent Loss/Damage: Establish tagging systems and verification to avoid clothing mix-ups, losses, or theft.
Security Measures: Secure payment systems, and limit unauthorised access to sensitive areas. Health & Safety Compliance: Ensure staff use protective gear and follow hygiene practices when handling soiled items. Disaster Preparedness: Have a plan for fire, floods, or power failures (e.g., backup generator, emergency exits). Legal Compliance: Follow local labor laws, environmental regulations, and operational permits.