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Breaking News: Volume 10 Edition 2
February 2005 Edition
 

Laundering Luxurious Linens
By Jan Rupnick

There is a new trend in hotel bedding. Many chains are beginning to upgrade sheet thread counts and comforter quality. They are also offering more luxurious materials and pillows than before.

The Marriott family of hotels is one of the leaders in establishing a new standard in comfort when staying at a hotel. With higher quality mattresses, down pillows, down blankets and duvet covers, staying in one of these rooms is a treat to weary travelers.

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Rent, Lease, Own or Finance
By Mark E. Battersby:

Today, renting, leasing and buying through financing are simply tools of the trade for many financial professionals. Unfortunately, when it comes to the question of whether a laundry should rent, lease or own the equipment used in its operations, few laundry owners or managers seem able to accept the fact that there is no one right answer that fits everyone or every situation.

When a business is starting up, buying equipment is one way to build equity in the laundry operation. As the business matures and builds a sound financial platform with strong net worth, then questions such as: is the value of depreciation on my equipment worth more to me than, say, my ability to make payments and keep debt off my balance sheet?

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