Do you agree- Laundry is a traditional business? A decade back, the answer is probably ‘Yes’, but now the on-demand business model has taken the laundry world by storm. The investors who were showing reluctance in investing in laundry start-ups are now actively contributing. The influx of start-ups is seen because entrepreneurial minds are finding new opportunities.
Undoubtedly, the enormous adoption is the result of the changed people’s lifestyles and evolved preferences. The people are enjoying the privileges, but it’s not the case with on-demand laundry businesses. Despite winning customers and earning billion dollars, the businesses are standing amidst the plethora of challenges, which needs to be addressed immediately.
As an entrepreneur, do you want to sail a boat in the market, that’s worth billions of dollars? If so, then before getting funded and starting the laundry business, you must be aware of the hiccups that may likely come in your journey.
Read more : https://nectarbits.com/blog/on-demand-laundry-business-risks-future-challenges-and-how-to-solve-it/
0 comments:
Post a Comment