Laundromax - Case Study Example

Only on StudentShare

Extract of sample

With my financial management role, my plan for financing would start with personal owner equity. This would act as a show to outside investors of the personal trust that the founders have in the growth and success of their business and hence worth a further inducement for additional outsider investment. In order for Laundromax to attain self-sufficiency as a company, 100 stores must be established at an estimate of $500,000 per fully functional and operational store. This puts the total capital required to attain self-sufficiency at an estimate cost of $50,000,000. With such heavy initial capital outlay, personal equity would not be sufficient to meet this expenses and hence the vision of the business. I would result to investment capital with major focus on investment banks and venture capital firms who are willing and able to raise a major part of the required capital in return for an equivalent stake in the company’s assets. ...
Download paper


Generally, during the development stage of businesses, financing is a major critical success factor. As pertains to the Laundromax case, whose major goal was to revolutionize the laundry industry and seek nationwide recognition, the company would hence have to incur major capital, corporate and development expenditure. …
Author : fkris

Related Essays

Finance and Accounting Term Paper: 3 questions (calculations)
10 pages (2510 words) Term Paper
A research into Sick Building Syndrome who suffers more male or female
9 pages (2259 words) Coursework
Company Results and Future Expectations: Deutsche Bank
5 pages (1255 words) Research Paper
Home buying process and its financial impacts
3 pages (753 words) Essay
Throughput Accounting Research Paper
7 pages (1757 words) Research Paper
The Qualitative Characteristics of Relevance and Reliability
14 pages (3514 words) Essay
Tyco International Accounting Issues
6 pages (1506 words) Research Paper
Got a tricky question? Receive an answer from students like you! Try us!