A fellow e-mailed this question to me the other day. "Is this a bad time to go into the cleaning business?" Since he obviously is thinking about it or is new to the trade, he wouldn't know that I've written many articles on the subject. For example, 1962 was a terrible economic time and that's the year we started in business.
In 1969 we built our first two truck-mounts. My friendly banker told me not to do it and refused to lend money for the project. We got into the chemical business in 1974, and that was the beginning of a terrible recession. In 1978, when we bought the building on Keystone and opened Bane-Clene Institute, interest rates and inflation were both in double digits. A very bad time!
I could go on, but I think you get the picture. Every major move in business that we've made has been during a bad economic time. So my answer to him was, "Yes! This is a terrible time to go into the business and if our track record is indicative, your chances of success are pretty good."
©Bane-Clene® Corporation 2011 Reprinting or electronically publishing this article is strictly prohibited without permission from Bane-Clene Corp.
