Startup Laundromat Success Using SBA Financing
Startup Laundromat Success Using SBA Financing
Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
Join Beau Eckstein as he delves into the essentials of acquiring SBA financing for a startup laundromat business. In this informative video, Beau emphasizes the importance of well-structured business plans and accurate financial projections. He also shares insider tips on leveraging manufacturers for vital demographic information and traffic counts, aiding in assessing the potential of your proposed laundromat location. Whether you're a budding entrepreneur or looking to expand your business portfolio, this video is packed with valuable insights to guide you through the process of securing the right financing for your laundromat venture. Tune in to unlock the secrets of successful laundromat financing!
Timestamps:
(00:20) Difficulties securing startup funding for a laundry business without prior experience
(00:43) Discussion on challenges faced by laundry startups and the importance of compensating factors such as credit profile, real estate ownership, and collateral
(01:01) Spending time on a comprehensive business plan, including demographics, traffic count, feasibility, and competitor analysis
(01:39) Advice on leveraging resources like Chat GPT for demographic questions, Chamber of Commerce for free demographic information, and the significance of detailed project projections for loan approval
💥 Thanks for watching 💥
#laundromat #sbaloans #financialfreedom
About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
-
4:08
Investor Financing Podcast
1 day agoCan You Get a Fixed Rate SBA 7A Loan - What You Need to Know
4 -
LIVE
Akademiks
6 hours agoNicki Minaj EXPOSES Jay Z over Finessing HER! Diddy got all his Peers Hiring Lawyers & on the RUN!
4,653 watching -
1:04:17
WarRoom Films
9 days agoGovernment Gangsters - WarRoom Film
193K50 -
8:02
Colion Noir
6 hours agoWow, $67 Million Spent On Mandatory Gun Buy Backs, Not One Gun Collected
46.7K42 -
1:27:27
Man in America
11 hours ago🔴 LIVE: Diddy & the Hip Hop Cabal—Sodomy, Satan & Selling Souls EXPOSED
48.4K146 -
14:53
Winston Marshall
4 days agoTrump Just Said THIS On X...It Will Surprise You!
79.2K42 -
38:37
Patriots With Grit
7 hours agoRestoring Our Republic: Taking Back Our Border | Kim Yeater, Eddie Cornell & Scotty Saks
41.7K5 -
51:54
TheTapeLibrary
19 hours agoDisturbing Haunting of a Witches' Prison | The True Story of The Cage
35.9K4 -
0:30
steveinman
1 day agoBrotherly Love
61.3K6 -
2:58:53
Jewels Jones Live ®
1 day agoVIOLENT RHETORIC | A Political Rendezvous - Ep. 92
76.9K40