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Management Files

Making an Investment in Bonds

Whether your portfolio is large or small, you must put your money somewhere. You can choose from mutual funds, individual stocks and bonds, or simply stash away your cash...

Cut Costs with a Four-Day Workweek

Is business down? Are expenses piling up and cash reserves low? Is your frustration level off the charts? It may be time to make some tough decisions. One alternative is...

Back-to-School Time for the Drycleaning Industry

At the Red Dog Saloon in Juneau, Alaska, there’s a sign that brings a chuckle to most everyone who reads it. The sign says, “If our food, drinks and service...

Get ‘Green’ to Make More Green

Now that the kids are back in school, it’s worth reminding drycleaners that education should never stop. Whether related to the industry or the many other topics...

Upgrade to New Profits

It seems to me that 95% of cleaners use only about 5% of their counter computer systems. I have no way of knowing if that’s actually true, but the point is that most...

Opportunity in a Soft Labor Market

What happens in a slow economy? Sad but true, many people lose their jobs. The newly unemployed may have been good employees — maybe even great employees. Starbucks...

Why Do You Lose Accounts?

Do you ever take time to analyze why you lose accounts? The exercise might be instructive — you might discover a problem of which you hadn’t been aware, and be...

The Three Snags of Purchasing a Drycleaning Business

For almost two decades, Butler Capital Corp. has collaborated with business brokers throughout the country who handle the buying and selling of businesses. During that...

In Employees We Trust

I visited a fairly new drycleaner recently, and what I saw there shocked me. A young couple owned the store. The wife stayed at the counter, and the husband processed the...

Alikes & Dislikes: Comparing the Coin Laundry Industry to Drycleaning

CHICAGO — Drycleaners know this isn’t a good year for business. Most news stories today focus on the struggling economy and rising gasoline prices, while...

Sales Down? Stay the Course

Oh no! Sales are way down this week! Sales were down last week, too! You should probably issue some coupons right away, since customers are getting tight with their money...

Shrink Business to Grow Profitability

For certain operations in today’s economy, shrinking may be the first and best step toward growing stronger and more profitable. The strategy is contrary to the...

When The Going Gets Tough

If you want to continue earning a living in the textile-cleaning industry, now’s the time to do something about it. Several members of the industry have called...

Everything's Going Green

Over the past few months and years, many retailers have been trying to convince the public that they are “green,” or friendly to the planet. This trend is...

The Whole-Brained Business

You may not be familiar with the hemispheres of the brain, but generally speaking, the left side of the brain performs certain functions and the right side performs others...

Upcharges for The Upscale

Years ago, I wrote an article about pricing for profit. Now, I think it would be relevant to review pricing for designer garments. There’s a psychology behind...

A Love/Hate Relationship with Growth

You’ve been told it’s important to grow. Your alternatives? To shrink or stay exactly the same as you are now. Before you make a decision on this, explore your...

Getting The Drop

With affluent customers and 24/7 automation, a tiny location in a retirement village is rewriting the rules for drop stores. When Paul Ceccarelli was asked to put a drop...

Are You Ready for Recession?

Drycleaners are experiencing what may be the worst time in the history of the industry. Economists are predicting that the U.S. is either in a recession or at the start of...

Merit Winners of The 47th Annual Plant Design Awards

Whether the plant is an established hub of the community or a vanguard of new development, each of the runners up in American Drycleaner's 47th Annual Plant Design...

Three Plants Take Special Honors in 47th Annual Plant Design Awards

While the Grand Prize went to a production-only, central plant, the three runners-up in American Drycleaner’s 47th Annual Plant Design Awards are freestanding plants...

Urban Renewal: Inside The Winner of Best Plant Design

NEW YORK — After years of searching in one of the highest-priced real estate markets in the nation, Meurice Garment Care operator Wayne Edelman got an unexpected...

Your 2008 Budget

There’s no good reason for you to do a budget. You understand your business’ history. Your labor costs and rents probably won’t change (much), and they...

Is Curiosity Part of Leadership?

Lee Iacocca just came out with a new book, Where Have All The Leaders Gone? In it, he defines his “Nine Cs” of leadership. They are, he says, Curiosity,...