By Michael Shea, Senior Business Broker, Transworld Business Advisors If you own a business that deals with cash—restaurants, retail, service work—you’ve probably heard someone say, “Everyone skims a little.” It’s often framed as harmless. A little “off the books” money to avoid taxes. Here’s the truth: skimming is one of the most expensive mistakes a […]
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3 Proven Tactics to Boost Dry Cleaner Profitability
For example, a $5 fabric protector spray might cost you pennies in materials, but it’s a high-margin add-on that customers appreciate when pitched as a way to extend garment life. Train your staff to mention these options naturally at drop-off—“Hey, we can add a quick seam fix for $3 while it’s here”—and watch the incremental revenue pile up. The key is to keep it relevant and low-pressure; customers hate feeling sold to, but they love convenience.