2. CHAPTER I
Rationale:
The advancement of technologies made the work of the people easier and faster. It has helped to improve many industries,
including the laundry industry.
For those people who are unable to find the time to wash their clothes at home, laundry services are great way to save time. This
type of service can help people to reduce their workload and allow them more time to relax. In that instance, a laundry shop is the
answer to the need for clean clothes in less time and with less work with the help of the technology.
The convenience of a laundry shop cannot be Understated. Even the busiest people with little free time can now relax knowing
that they will never run out of clothes. Thus, the Wash Me Laundry shop is easily accessible by the customers, it washes clothes
more effectively and safe.
3. MARKET NEED
Based on the survey, the following factors below are the basis to meet the customer satisfaction.
• Affordability
• Quality of Cleanliness
• Availability of Services Offered
• Convenient Location
21%
47%
9%
23%
Market Need
Affordability
Quality of Cleanliness
Availability of Services offered
Convenient Location
Figure 10. Market Need
In the figure above, it shows that quality of cleanliness considers the most important factor of the respondents
in choosing which laundry shop to go to.
4. Figure 11. Why do you do the laundry in shops
The graph indicates that having no enough time is the main reason of the
respondents why do they do the laundry in shops. Followed by 37% of
Value (Cheaper than traditional full- service), and for heavy duty washing
has 20% of the respondents least reasonable.
5. FINANCIAL STUDY
A. Sources of Financial
- Wash Me Laundry is a partnership of 6 individuals who decided to contribute
and invest 350,000.00 in the business.
Partners Contributions
Lorhaine G. Abcide 350,000.00
Cherry Arceo Ballescas 350,000.00
Rhejean Cauba 350,000.00
Angel Macono 350,000.00
Vincent S. Plaza 350,000.00
Rovelyn Solomon 350,000.00
Total: 2,100,000.00