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| | #1 | ||
| I will soon expand on my laundromat to include pickup and delivery. The P&D will be free and have same day service. A 20% discount as a "grabber" may be also offered. My plan: 1. Leave flyers with doormen and offer them 5% of every bag of laundry as an incentive. 2. Get (pay for) access to apartment buildings to hand out flyers personally to tenants. 3. Use register tape receipts. 4. Send postcards to a market I am trying to target using the Postal Services. My list of potential customers is rudimentary but accurate. Please comment on the following (and anything else): a. Should I include a 20% discount as a grabber for first time callers or is free P&D enough? b. What can I tell doormen to motivate them (besides the $$)? c. What do you think of advertising on supermarket register receipts? Please dont hesitate to be as critical as possible. Thanks! Andre | |||
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| | #2 | ||
| "Andre" <fito123@rcn.com (MONKEYSPAMMER)> wrote in message news:c969lp020di@enews4.newsguy.com... > > I will soon expand on my laundromat to include pickup and delivery. The P&D > will be free and have same day service. A 20% discount as a "grabber" may be > also offered. > > My plan: > > 1. Leave flyers with doormen and offer them 5% of every bag of laundry as an > incentive. > 2. Get (pay for) access to apartment buildings to hand out flyers personally > to tenants. I don't know where you are, but I can't imagine any selling this as many have a no soliciting policy and tenants live there understanding they're not going to be solicited. If I lived in such a secure building, I would be mighty upset being solicited there. > a. Should I include a 20% discount as a grabber for first time callers or is > free P&D enough? It partly depends on whether there is competition. If not, your unique service should be incentive for someone to try it. -- McWebber No email replies read If someone tells you to forward an email to all your friends please forget that I'm your friend. | |||
| | #3 | ||
| "McWebber" <mcwebber@my-deja.com> wrote in message news:c97oc102st6@enews1.newsguy.com... > > > I don't know where you are, but I can't imagine any selling this as many > have a no soliciting policy and tenants live there understanding they're not > going to be solicited. If I lived in such a secure building, I would be > mighty upset being solicited there. Good point. Funny thing is that most supers I have talked to in mid to upper income neighborhoods dont seem to mind at all. My actual plan is to set up in a friendly setting - table, sign, flyers - and wait for people to come to me after my "good morning". > > > a. Should I include a 20% discount as a grabber for first time callers or > is > > free P&D enough? > > It partly depends on whether there is competition. If not, your unique > service should be incentive for someone to try it. Well, there is no lack of competition. What there is a lack of is the awareness of the pickup and delivery. According to a tradebook, 73% of people in a major metro area were not aware that they could recieve free P&D. Thats where I come in I guess. Andre | |||
| | #4 | ||
| "Andre" <fito123@rcn.com (MONKEYSPAMMER)> wrote in message news:c98fj30m1i@enews1.newsguy.com... > > > "McWebber" <mcwebber@my-deja.com> wrote in message > news:c97oc102st6@enews1.newsguy.com... > > > > > > > I don't know where you are, but I can't imagine any selling this as many > > have a no soliciting policy and tenants live there understanding they're > not > > going to be solicited. If I lived in such a secure building, I would be > > mighty upset being solicited there. > > Good point. Funny thing is that most supers I have talked to in mid to upper > income neighborhoods dont seem to mind at all. My actual plan is to set up > in a friendly setting - table, sign, flyers - and wait for people to come to > me after my "good morning". Some free coffee goes a long way. > > > > It partly depends on whether there is competition. If not, your unique > > service should be incentive for someone to try it. > > Well, there is no lack of competition. What there is a lack of is the > awareness of the pickup and delivery. According to a tradebook, 73% of > people in a major metro area were not aware that they could recieve free > P&D. Thats where I come in I guess. > You might contact the human resources dept. at some of the bigger companies. Often they have lots of special offers/coupons there for employees to pick up from companies that give their company employee discounts. -- McWebber No email replies read If someone tells you to forward an email to all your friends please forget that I'm your friend. | |||
| | #5 | ||
| On Fri, 28 May 2004 02:54:49 +0000, Andre wrote: > > I will soon expand on my laundromat to include pickup and delivery. The P&D > will be free and have same day service. A 20% discount as a "grabber" may be > also offered. > How about forming partnerships with other businesses. For example, health clubs... advertise that while the people are busy working out, you can pick-up their laundry, and have it done ready for when they finish their workout. This is a win/win for both you and the health club, since they expand their services to the customer without spending a dime. | |||
| | #6 | ||
| "Eric Handbury" <ehandbury@hotmail.com> wrote in message news:c9e5j602dsb@enews2.newsguy.com... > > How about forming partnerships with other businesses. For example, health > clubs... advertise that while the people are busy working out, you can > pick-up their laundry, and have it done ready for when they finish their > workout. > This is a win/win for both you and the health club, since they expand > their services to the customer without spending a dime. Very interesting. I doubt I could have laundry done that fast but could do something along the lines of a later delivery to their homes. Thanks for the idea! AMonde | |||
| | #7 | ||
| I'd suggest reading the recent thread titled: "New ironing service: Need ideas for getting new clients." You're pretty much in the same boat. Additionally, read the following which is the standard advice I give all wannabe entrepreneurs. "What I recommend you do is determine what your sales territory is. What's its radius? Double that and add a healthy 10% more distance then go and talk to people out that distance that are in the same business you want to start up. Literally drive there. Do not do the following over the phone or email or through snail mail. Show up on their doorstep during the slow time of their business day. Tell them that you want to start up a similar business at such-and-such location and if they would consider you competition. If they say you would be, drive further away from your proposed business location until you find a business that says you won't be. If you have to go to a different country, do so. Once you find a business that says your two territories won't overlap, ask if they wouldn't mind answering some questions about how to start and run a business like theirs. Play to their egos and they'll love to talk to you. Everyone likes to feel important and worth listening to ... especially business owners when it comes to their businesses. Have a list of questions written out on a notepad, but do NOT write down their answers. Instead, bring a tape recorder (yes, put it right out in the open ... no need for spyware ... and besides it plays to their egos as their words are being treated as worthy of being recorded) and concentrate on getting as much information out of them as possible ... as well as picking up the other half of the answers they give in body language. If they say something you don't understand, speak up and ask for clarification. Let them wander off your list of questions since where they wander to might be a place you never thought of asking questions about and should have been. However, keep an eye on the questions you've written down and try to ask them all before the interview concludes. Of course, always yield to customers that come in. After you've interviewed one owner, don't interview another but go home and digest what was said. Listen to the tape on your way home. Think it over. Adjust your business plan accordingly. Adjust the questions on that notepad and then on your next free day (or the following day if you've got both off), head off in another direction and do the same thing. Try to interview at least twenty businesses. A hundred businesses would be ideal. Interview the good, the bad, and the ugly. If you're lucky, you'll interview one that is going out of business or has just went out of business so you can hear about the dark side ... as well as possibly pick up good equipment for a song. Likewise, interview those businesses you think are bad. Keep in mind that since they're still in business, they are probably doing something right ... if just being the only game in town for your products/services. Share as you give. Let them know what you think is a good idea and they may tell you their own gems. Don't get paranoid that they'll steal your good idea. They will! Or rather, you should HOPE they will as that means your ideas are actually good ones. These are the individuals that are the best judges of your business ideas. However, you'll never know if your business ideas are good unless you tell these business owners them ... or blow a ton of money actually doing the idea and thus finding out the hard way. Also, if you're not willing to share, don't expect them to as well. In fact, it will likely take you telling them your best idea for them to tell you theirs. Also, ask them to read over your business plan right there before you. Naturally, don't leave a copy of it behind. What one of these business owners is going to tell you will be better than ALL the advice from ALL the business professors on the face of the Earth. Even from the ones that are going out of business! These business owners are DOING IT RIGHT NOW ... whereas business professors live in the fairyland of academia. Oh, and that smack-down goes the same for SBA's Small Business Development Centers (which are manned by business professors) and SCORE (which is an abbreviation of the Latin phrase: "Grumpy Old Men Waiting To Die"). And don't stop doing this after you open your business. At least once a month (if not once a week), visit still more businesses. And for one afternoon, make this part of any vacation or business trip you take anywhere. In fact, you'll very likely get more out of these interviews AFTER you open your business than before you did. After you open your business, you can really start to talk shop since you're now currently running a shop. This worked great for a little-known starting-out pizza-parlor owner by the name of Tom Monaghan ... the founder of Domino's Pizza. Don't forget these individuals after you interview them. Once you get home from interviewing them, send them a nice thank-you snail mail letter for taking the time to answer your questions. When your business opens, send them an invitation to come and see it. Ideally, hold a special Grand Opening dinner and invite all the good business owners you interviewed to it. Give them a group tour of your business (no matter how small the shop is ... even if it is a desk and a computer in a corner) and then treat them to a nice meal. I'd recommend a barbeque at your house/apartment so it is informal and relaxed. Do NOT drink alcohol or do drugs at this dinner. Listen, listen, and listen some more. You've got the most valuable think tank right there eating your hamburgers. They'll just naturally talk shop and focus most of that talk on YOUR shop. The only downer of all this is that it would be bad form for you to tape record it ... thus why you need to remain sober so you can remember it all. Then after they leave but before you do clean-up, write down all the important things they said. Now if you want to really succeed, see if the good ones are also willing to sit on your Board of Directors (or Board of Advisors, if you don't want to give them any control power). The rest of your Board of Directors should be made up of marketers (at least have one) and one accountant. I'd recommend the board number nine. Your Board of Directors will help you keep the big picture in mind and an eye on the future. Lastly, if you're not willing to do the above, you don't have what it takes to start and succeed at your own business. Period." Additionally... "Work on a business plan. Regardless if you're going to get a business loan or not. A business plan forces you to think of all aspects of your business. Question every aspect of it. Think how you can do it better, cheaper, and faster. Always remember to K.I.S.S. it. Keep It Simple, Smartass. [Yes, I know it is usually said as "Keep It Simple, Stupid", but it is the smartasses that make things more complex and difficult than they need to be. Stupid people keep it simple (usually too simple) because they're stupid.] And forever keep in mind that this is a business you're starting and a business is to turn a profit. It doesn't turn a profit and it's just an expensive hobby of yours. Your goal should be for the business to work for you and not you work for it. Your end goal should be that you don't have to even show up at the business for it to turn a profit. Golf, anyone? If you need to always be at the business for it to turn a profit, the only thing you've made is a job for yourself. If that's all you want, don't start a business (and all the headaches it entails) and just go work for someone else. As for how much time to invest into your business plan, studies have shown that those that work less than six months on their business plan have a 90% failure rate. Those that work six months or more on their business plan have a 90% success rate. And to start off, get a copy of Michael Gerber's "The E-Myth". It's real value is helping you determine if you're a Technician, Manager, or Entrepreneur. Be honest with yourself and you'll save yourself a lot of grief." Also... "The lifeblood of capitalism is communication between businesses and their customers/clients. Yes, this means advertising, but that's just one aspect of the communication I'm talking about. There's also public relations (such as appearing on local radio talk shows), business image (everything your customers see), and, most important of all, word-of-mouth. Approach all expenditures on such communications as simply an investment. Track how much you spend and what profits it generates for you. Be always willing to experiment with new approaches but discontinue unprofitable ones once they've shown themselves to be this. If you employ a marketing firm, hold them accountable. Ditch them if they don't produce profits for you after six months. Don't let emotion decide their fate. Let's the cold hard facts of accounting be the heavy. And nothing gets a marketing firm to work hard for you more than them knowing you expect results and will ditch them if they don't produce. As for what gets you the best bang for your advertising buck, that would be postcard advertising ... as long as you have a message that can be relatively short and concise. The key to postcard advertising is the mailing list. The fresher the list, the better. You want to target those who will most likely become your customers/clients. Spend a lot of time thinking over who this might be. Once you're in business, find out the demographics and psychographics of your customers and market to those. As for the postcard itself, EVERY single word on it should be carefully chosen. The goal of the postcard is to get its recipient to take some form of action. That action could be calling and/or visiting your business or visiting your business' website. The best way to get them to visit your physical location is to make the postcard a meaningful coupon they can use. Use color, bold, and all caps in the text of the postcard sparingly and to just give impact to key words. ALWAYS send out two differently designed postcards. One to one half of the mailing list and the other to the other half. Design them so you can track results, such as giving different telephone numbers to call. If one pulls in more than the other, try to figure out why that happened and test that theory in your next dual mailing. Advertising should always be considered to be fluid and not etched in stone. Adjust with the times, be topical, and always be willing to experiment." And finally... "Barter, barter, barter! Almost all businesses can barter with other businesses. This is a great cheap way for you to get something (product or service) you need for your business for a fraction of its cost ... if not essentially free. Think what other businesses have that your business needs. Not wants, but NEEDS. Don't overdo barter or you'll be strapped for cash. Now think what they (or their family members) might need or want from you. Note I also said "want" this time. If they foolishly use barter for their desires, that's up to them. Don't you make that judgment call for them. One person's desires can be another person's needs. Now go and talk to them about a trade. Lastly, ONLY buy used. Never buy new anything that doesn't ABSOLUTELY have to be new. All it has to look like is being in good condition ... and not even that if it's in the backroom and your customers will never see it. Go to sheriff auctions, business liquidation sales, and garage sales; scan the classified ads in newspapers; browse the online auction sites (like eBay); and hunt for bargains. Find a place to store these bargains during this collection phase. This collection phase usually takes about six months ... which is just fine since that's the minimum amount of time you should be working on your business plan anyway. The key to being a business success is keeping your start-up expenses as low as possible and buying used is one of the best ways to do this. [The other way is barter.] If you do buy something new, it should be with a great deal of thought on why it has to be new and not used. Again, if the customers see it, it only needs to LOOK like it is in good condition and that's it." Good luck! Scott Jensen -- Peer-to-peer networking (a.k.a. file-sharing) is entertainment's future. If you'd like to know why, read the white paper at the link below. http://www.scottjensenshow.com/P2PRevolution.pdf | |||
| | #8 | ||
| "Scott T. Jensen" <stj@charter.net> wrote in message news:c9qbas0bo0@enews3.newsguy.com... > > I'd suggest reading the recent thread titled: "New ironing service: Need > ideas for getting new clients." You're pretty much in the same boat. > > Additionally, read the following which is the standard advice I give all > wannabe entrepreneurs. Thanks Scott! It makes me feel good that I have already done most of what you suggested. Visiting laundromats was quite intimidating at the start. Once I realized that people like to talk about themselves and their accomplishments, it became easier and easier. The wealth of knowledge obtained from people already in the biz saved me a lot of time and money. And you are right about sharing: I was hesitant at first to share my better ideas. Once I started, the feedback I got was phenomenal! The positive feedback reassured me that I was thinking on the right track. The negative feedback was equally as valuable. I am going to record my next "interview"! As for marketing, I am targeting groups that I've been told have a need for my services. Postcards will be the method but I am still unsure of the design. I bet they wont expect a postcard from a laundromat! Either way, thank God the USPS makes it easy to mail electronically. A business plan, huh? I am on it. Better late than never. Anyone have a link on how to make a simple business plan? Can anyone help design my postcard? I am trying to stick to benefits of my service, tell them to call and keep it simple (This is laundry for God's sake - how difficult can it be?) SIDE ONE GOT LAUNDRY? (Obvious problem right?) CALL 1-800-ALL-WASH (1800-555-1212) FOR FREE PICK UP AND DELIVERY SIDE TWO BLAH BLAH BLAH LAUNDRY SERVICE WASH, DRY & FOLD SAME DAY SERVICE QUALITY DRY CLEANING AT LOW RATES WE USE BRAND NAME DETERGENTS, SOFTENERS, AND BLEACH WE ONLY WASH IN 140 DEGREE WATER AND NEVER MIX CUSTOMER'S CLOTHES ALL SERVICES ARE OFFERED AT A LOW RATE OF 75 CENTS A POUND (20OUND MINIMUM) ASK ABOUT OUR 25% OFF SPRING COMFORTER SALE ALSO ON SIDE TWO: THE ADDRESSES Many thanks for all the great advice and help! Andre | |||
| | #9 | ||
| "Andre" wrote: > "Scott T. Jensen" wrote: > > I'd suggest reading the recent thread titled: "New > > ironing service: Need ideas for getting new clients." > > You're pretty much in the same boat. > > > > Additionally, read the following which is the > > standard advice I give all wannabe entrepreneurs. > > Thanks Scott! You're welcome. > It makes me feel good that I have already done most > of what you suggested. That's great to hear. Remember, try to interview at least 20, if not ideally 100. > Visiting laundromats was quite intimidating at the start. > Once I realized that people like to talk about themselves > and their accomplishments, it became easier and easier. I just wished introverted wannabe entrepreneurs knew this. The introverts say my suggestion scares them ... yet once they start their businesses they will be dealing with the public even more so. So I just tell the introverts, "Only do this if you don't want to fail. If you don't care about failing, you don't need to do this." That usually wakes them up. *laugh* > The wealth of knowledge obtained from people already > in the biz saved me a lot of time and money. Most definitely. > And you are right about sharing: I was hesitant at first to > share my better ideas. Once I started, the feedback I got > was phenomenal! The saddest things about wannabe entrepreneurs are their egotism and paranoia. They think for egotistical reasons that no one has ever thought of their business idea and that people are just anxiously waiting to steal their idea. We get this problem in these business newsgroups a lot. The truth is that no one really cares. Everyone has their own "brilliant" business ideas (I myself have tons!) and/or are so busy working on their own business ideas that it is amazing they take the time to participate in these newsgroups. And the more posters tell of their business ideas and plans, the better the advice they will receive from the professionals that frequent these business newsgroups. That's been proven time and time again. Now a word of caution. Be careful who you listen to in these business newsgroups. Not everyone knows what they're talking about and some of the advice given by the "less"-than-knowledgeable posters is absolutely horrible. Read not only what they post elsewhere but how other posters respond to their advice and who those responders are. An idiot endorsed by another idiot is still a idiot. And since we're talking about business decisions here in these business newsgroups and not some meaningless theoretical debate in some Star Trek fanboy newsgroup, it is very important you know who you're receiving advice from. In other words, buyer beware. > The positive feedback reassured me that I was thinking > on the right track. The negative feedback was equally as > valuable. The negative feedback is usually more important. These business owners are letting you know NOT to go down a path you were thinking of going. They will have then just SAVED you a TON of money. Possibly even your entire business! If the wannabe entrepreneurs truly understood how much of a big favor these nay-saying business owners just did them, they wouldn't be getting depress that their pet idea was torpedoed but would be naming their next child after that helpful business owner. On the other hand, only listen to the negative feedback IF they can back it up with facts and/or experience and NOT just opinion. I'm not saying their opinions don't matter. They almost always do, but am merely pointing out that change is commonly resisted for sometimes only being change. Do take their opinion into consideration but use your own judgment on how much to weigh that opinion against your brilliant new idea/innovation. Never give up on an idea simply because one person ... no matter who that person is ... has an unsubstantiated opinion that it isn't a good one. > I am going to record my next "interview"! Remember always ask permission if you can. They never say "no" ... or that has been my experience and the experiences of everyone that has taken my advice ... but it is polite and respectful to do so. > As for marketing, I am targeting groups that I've been > told have a need for my services. Postcards will be the > method but I am still unsure of the design. If one word can define postcard advertising, it is "concise". Concise and to the point. Let that be your guiding principle. > I bet they wont expect a postcard from a laundromat! And that novelty will help get your postcard read. > A business plan, huh? I am on it. Better late than never. > Anyone have a link on how to make a simple business > plan? First, NEVER use a business plan software program. Second, NEVER hire someone to write a business plan for you. The reason for the above two NEVERs is simply that they deprive you of the true value of the business plan. The business plan's value isn't what money it can get from the bank. That's secondary. The PRIME value of a business plan is that it forces you to think through all of the aspects of your business and HOPEFULLY question each one of them. The following (taken from "Business Plans That Win $$$" [p. 32-33] by Stanley Rich and David Gumpert ..... and then modified by me) is pretty much all you need to know before writing up your business plan: BASIC BUSINESS PLAN OUTLINE Cover page Executive Summary The Company Current Status Objectives, Near-Term Objectives, Long-Term The Management Team Management Objectives Markets & Competition The Present Market User Benefit Other Customer Benefits Market, Near-Term Market, Long-Term Summary of the Projected Market Competition Projected Sales and Market Share Specific Target Markets Sales Strategy to Reach Objectives The Products (or you can call this "The Services" if you're a service business) Theory of Operation Applications Product Performance Data Product Economics & Advantages Present Product Status Scale-Up Requirements (if any) Patents & Proprietary Know-How Selling Current Selling Method(s) Selling Method(s), Near-Term Selling Method(s), Long-Term In-House Sales Support Pre-Contract Sales Costs (if any) Custom Engineering Sales Requirements (if any) Product Pricing & Warranties Manufacturing (or you can call this "Servicing Nuts & Bolts") Facilities Needed Make/Buy Considerations Major Purchasing Issues (if any) Second, Third Sourcing Needs Manufacturing Engineering Support Quality Control Plans Staffing Requirements Financial Data Financial History Expansion Requirements, Budgets Financial Projections Summary of Operations Prior to Financing Current Stockholders, Number of Shares Investment Use of Proceeds Description of the Offering Appendices Management Team Biographies Transcripts of Business Owner Interviews Bibliography Other Important Data Now for a few points on doing the above. 1) Your "Executive Summary" should be written LAST after you've completed the first rough draft. The ES sums up the entire business plan and pitches the business in only one to two pages. I always try to keep it to just one page. The goal of the ES is to inform and excite the reader enough to want to read the rest of the business plan. Here you lay out the key gem of your business concept. 2) "Management Team" section is about coverage. Businesses involve a lot of things being done correctly. Who is going to do all those things for your business and what qualifications do they have in doing those things. Even if the "team" is just you, you need to address how you're going to cover all the tasks, what qualifications you possess to do so, and where you'll be bringing in outside help (i.e., a CPA) to assist where you're weak. 3) "Market & Competition" section should ALWAYS be longer than "The Products" section. What you sell isn't as important as how you're going to sell it. If "The Products" is longer than "Market & Competition" that reeks of an inventor that is too in love with her/his invention or unique spin on a service. Bad. Very bad. Avoid at all costs. As a rule of thumb, try to insure "Market & Competition" is at least twice as long as "The Products". If you just "must" include a lot of information on your product(s) and/or service(s), throw all anal details into the Appendix under the title of "Additional Product Information". 4) The most important sub-section of "Market & Competition" is "Competition". List all your competition. ALL! Not just ones that you'll go head-to-head with but ones that might compete with you on only one sector or are just outside your sales territory. Be BRUTALLY honest about how your business will stack up against them. Do NOT lie to your reader OR yourself. Give your competition's strengths and weaknesses and tell how your business will do up against each. What is the likelihood they'll expand into your territory? How have they responded to new competition in the past? How will you respond to their responce? All this information is out there. Go find it. 5) The second most important sub-section of "Market & Competition" is "User Benefit". In other words, why will the customer pick your service/product over the competition. Note that the section title isn't plural. It's singular. What is the ONE key benefit that makes you better than the competition? Location? Price? Quality? Variety? What? This is your key selling point. Think about this a great deal and then think about it still more. And after you thought about it that much, square that time and think about it that much more. Toss all other user benefits into "Other Customer Benefits" and present them in their ranked importance ... stating where they ranked in importance and explaining why you rank them that way. 6) "Manufacturing" section's "Facilities Needed", "Make/Buy Considerations", "Major Purchasing Issues", and "Second, Third Sourcing Needs" is where you shine (or fail) as a bottomline businessperson. Here you lay out what you physically need for your business and how you're going to get it for as little money as possible. If you're carefree and flippant here, you'll be at a business liquidation sale soon ... as the person being liquidated. Here is where you show how crafty you are. Here is where you bring up barter deals you've already lined up or will be pursuing. Here is where you talk about what absolutely needs to be purchased new and what can be purchased used ... then how you're going to get either (new or used) for as little as possible. 7) Note in the "Appendices" that there's "Transcripts of Business Owner Interviews". This is where you went in and talked to business owners that are DOING what you want to do but do not consider you a competitor. Get the tape recordings of these interviews transcribed by someone (preferably a seasoned secretary) and put the transcripts into your business plan. Abridge them to just the business discussion and don't include social pleasantries and other meaningless (as far as your business plan is concerned) discussions. These have always blown away business loan officers and business consultants. More than ANYTHING else you will do for your business, these transcripts PROVE you've done the ultimate research before opening up shop. The business loan officers and business consultants will thoroughly read each transcript since they'll be looking to see what those current business owners think of your business, its chances, and your business ideas/innovations. These transcripts are addictive reads. They will make you shine like nothing else. Period. 8) Note in "Appendices" there's "Bibliography". This simply lists in reference fashion all the business books you've read that pertain to the business you're wanting to start. And there are a lot of business books out there. Go and read them. Invest the time. Especially read business biographies ... either written about a corporation or the founder and/or CEO of a corporation. These are gold mines of information. Learn from history. Don't repeat its mistakes. And when you read these books, have a notepad nearby to write down the great ideas the book presents that you feel should be included in your business and/or a business idea that the book inspires you with. [Now a word of caution. It is important that you find out who wrote the business book. If it is a business professor, it will almost always be garbage. Business professors live in the fairyland of academia. To business professors, "capitalism" is a concept instead of a way of life. And business reporters are just as bad as business professors. Reporters look from the outside in and thus are pretty much worthless. Ideally, you want to read books written by successful business owners or seasoned business consultants. However, some business professors and business reporters have lately gotten a bit crafty and are now trying to present themselves as business consultants. So when you read that the author is a business consultant, don't take them at face value. Research and find out if they really are a full-time business consultant. If they say they "also" teach at a business college or work as a business reporter, they've revealed their true nature and avoid them like the plague. Do a Google search on their name on the net to catch the more crafty deceivers. Same goes for anyone associated with the Small Business Administration (government employees are beyond worthless), their Small Business Development Centers (manned by business professors or burnt-out businesspersons), and SCORE (which is an abbreviation for the Latin phrase: "grumpy old men waiting to die").] 9) Do NOT write the business plan starting at the Page One and then proceeding in orderly fashion to the appendix. Simply fire up a word document and put the above outline on it. Then start tossing in your business ideas into the different sections. The order of how you toss them in is completely meaningless. Your business plan should consolidate all your written business notes. It should also receive all the ideas that you've never written down about your business. Put it ALL into the business plan. Initially don't worry about grammar or flow of thought. It will be choppy and erratic ... and that's perfect. Get EVERYTHING into the business plan FIRST. Once it is all in, then still ignore how awful it is written. Focus instead on what areas you have nothing in. Flesh those areas out. Also, if an area is weak and/or spotty, flesh it out as well. After all the areas are fully fleshed out and your mind is drained of all ideas, you can then start working it into a readable document. Once you're happy with it, have a friend that is a good proofreader look it over and clean up your grammar and spelling. Now it is ready to show to other business owners and then later to business loan officers and business consultants. 10) Last but not least, a business plan is a living document. It is never done. Never. You should always read it from cover to cover at least once each quarter. When you hire a manager, you should congratulate them, shake their hand, and, with your other hand, hand them your business plan for them to read as the first thing they do on the job. When you hire a business consultant, do the same with them. Perfectly done, that's all you will need to do and can then take off for the golf course. Needless to say, nothing is perfect but the intent is to make your business plan a solid relevant document as long as your business is alive. At least once a year, have all your key employees read the latest version and have a meeting to discuss it. Don't hold it as some sacred document taken verbatim from the sweet lips of the Big Toaster in the Sky. Listen to suggestions and criticisms. Aim to always make it better. If you can make it better, you can make your business better thus more profitable and stable. > Can anyone help design my postcard? Sure. However, do realize the following is off-the-cuff advice. If you want better advice, hire a professional marketer. ;-) > I am trying to stick to benefits of my service, tell > them to call and keep it simple (This is laundry for > God's sake - how difficult can it be?) Old joke... Computer repairman comes in to fix a ungodly-expensive massive Cray supercomputer. The repairman checks all read-outs and inspects the machine. After only five minutes, he smiles. He walks over to his toolbox, takes out a copper hammer, and carefully and lightly hits the computer on a specific spot. The computer jumps to life and the old problem never happens again. Everyone in the control room is amazed and ecstatic. A week later, the company gets a bill for $10,000 from the computer repairman. The CEO, who was there when the repairman did his work, is flabbergasted that so much was charged for so little effort. The CEO demands the repairman itemize his bill. The following is the itemized bill sent back by the repairman. Cost of hammer usage: $1 Cost of transportation (gas): $10 Knowing where and how to strike with hammer: $9,989 Morale of the story is that never assume something that looks easy and simple is easy and simple. This is why you should only hire seasoned marketing consultants. We've already climbed the steep learning curve and know what we're doing. > SIDE ONE > > GOT LAUNDRY? (Obvious problem right?) [snip rest of proposed postcard] First, let's get our terminology right. A postcard has a face side and an address side. On the face side is your pitch. It should be customized to who that mailing list is targeting. It is should start off with an eye-catcher. A bold headline and/or visual. The text underneath that delivers the concise pitch. This can also double as the coupon if you want the target to physically visit your business location. On the address side in the open space to the left of the target's mailing address, you simply have all the contact and location information for your business done in an easy-to-read fashion. Underneath that you use a single sentence that gets them to take the desired action. Now knowing where and how to expertly and successfully hit with the above "hammer" (a.k.a. postcard) is a whole order of difficulty above and beyond the confines and presentation abilities of this newsgroup. ;-) > Many thanks for all the great advice and help! Again, you're welcome. Good luck with your business. Scott Jensen -- Got a business question, problem, or dream? Discuss it with the professionals that hang out at... misc.business.consulting, misc.business.marketing.moderated misc.business.moderated, and misc.entrepreneurs.moderated | |||
| | #10 | ||
| Hi, >I will soon expand on my laundromat to include pickup and delivery. The P&D >will be free and have same day service. A 20% discount as a "grabber" may be >also offered. Something that works amazingly well is a pickup/drop service that is located at public transportation parking areas. In other words those getting on a bus/train/boat to go into the city park and at the same time drop off or pick up their laundry. Its very convenient. A resource that you might find helpful that has a lot of marketing articles, forums, ideas and other things geared toward growing small businesses - http://www.small-business-software.net JT | |||
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