167. So You Wanna Buy a Business with Keira Hamilton

The Laundromat Resource Podcast

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Welcome to Episode 167 of the Laundromat Resource Podcast! This week, host Jordan Berry sits down with the incredibly insightful Keira Hamilton, who shares her journey from being a high school English teacher to becoming a successful laundromat owner and SBA loan broker. If you're a current or aspiring laundromat owner, this episode is packed with valuable insights that you won't want to miss.
Key Takeaways for Laundromat Owners:

• Financing Strategies: Learn how Keira Hamilton financed her laundromat through family loans and SBA options.
• Operational Insights: Discover why Keira spent 14 days straight at her business and how that helped her manage it remotely.
• Handling Challenges: Get firsthand advice on dealing with employee turnover and operational hiccups.
• Service Expansion: Tips on utilizing delivery services like Uber and DoorDash to boost your revenue from wash and fold services.
• Payment Systems: The benefits of moving from cash to digital payment systems for better record-keeping and revenue tracking.
• Employee Training: Learn about the unique 9-tab manual Keira created for smooth business operations and employee autonomy.
• Real Estate vs Business Acquisition: Understand the pros and cons to make informed decisions in your investment journey.
• Networking Essentials: How to navigate the complex world of business brokers and gain valuable insights from online communities.

Connect with Keira Hamilton:

• LinkedIn- Kiera Hamilton on LinkedIn
• Twitter- Kiera Hamilton on Twitter

Don’t forget to: I'd love it if you left a rating and review on the platform you're listening to the podcast on! That would be a huge help for us. Thanks! Share this episode with anyone considering buying a laundromat or looking for tips on better managing their existing business

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• Laundromat Resource Free Tools
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