Eastern Funding: A partner throughout the business life cycle part 2
There are several stages in the business lifecycle that come once a company is already established. During this time, access to the tools, expert advice and network that Eastern Funding can provide is even... Read More
First timer? What to know about starting your laundromat
First timer? What to know about starting your laundromat Has there ever been a better time to start a business than today? Our economy is improving, consumers are more confident, technology is easier to... Read More
The Eastern Way: Fundamental #14 – Document everything
The Eastern Way: Fundamental #14 – Document everything This fundamental was written by William Chong, who has worked at Eastern Funding for over 4 years in the finance department as an assistant controller. Fundamental... Read More
What to do if an audit is in your laundromat’s future
What to do if an audit is in your laundromat’s future Do you file your personal and business tax returns each year, confident that you’ll never be audited? While you have reason to be... Read More
A beginner’s guide to your laundromat’s business valuation
You may also be asking: “What is a business valuation?” At its core, a business valuation is simply the fair value of your laundromat given the current economic environment. While an estimate, it carries quite... Read More
The Eastern Way – Fundamental #13: Honor Commitments
The Eastern Way – Fundamental #13: Honor Commitments This fundamental was written by Jennifer Lujan. Jennifer has worked with Eastern Funding for over 8 years. Jennifer currently serves as one of Eastern Funding’s loan... Read More
Can your company take advantage of the Work Opportunity Tax Credit?
Can your company take advantage of the Work Opportunity Tax Credit? When it comes to hiring, employers have to weigh a number of considerations about a potential applicant. At your laundromat, potential applicants may... Read More
4 things to look for when deciding where to open a laundromat
4 things to look for when deciding where to open a laundromat As is the case with many customer-facing businesses, it’s crucial that laundromat startups consider the area in which they want to operate... Read More
The Eastern Way: Fundamental #12 – Work with a sense of urgency
The Eastern Way: Fundamental #12 – Work with a sense of urgency This fundamental was written by Juyoung Suk who has worked at Eastern Funding since 2007. Juyoung works in Eastern Funding’s loan servicing... Read More
Should you outsource your payroll operations?
Should you outsource your payroll operations? Whether you’re opening a new laundromat or you’re looking to streamline your administrative and bookkeeping operations, having an efficient payroll system is a crucial part of any business.... Read More