Wondering how to start a garbage removal equipment and supplies business? We take you step-by-step from start to success.
The Business of Trash
It's common knowledge that waste management and recycling is big business in America. But what is less well known are the number of ways entrepreneurs can turn trash into bottom line profits.
A typical private waste disposal business specializes in weekly trash collection and the disposal of waste at authorized landfills or recycling centers. Garbage removal equipment and supply businesses, on the other hand, focus on equipping residential and commercial customers with the resources they need to properly dispose of waste materials.
Product Diversity for Garbage Removal Equipment Startups
Although garbage removal equipment companies can offer a range of services including yard waste and building material disposal, dumpster rentals are their bread-and-butter business activity.
The most successful garbage removal and supply startups offer their customers multiple product offerings from day one. Today's garbage removal customers are looking for the safest and most cost-effective way to get dispose of refuse -- if you only offer one or two dumpster sizes, you won't gain traction in the marketplace.
Instead, you'll need to strategically offer multiple dumpster sizes at multiple price points: 10, 15, 20, 25 and 30 yard dumpsters are standard industry products.
Websites & Garbage Removal Equipment & Supply Providers
Most startups include a high quality business website in their list of startup requirements. But garbage removal equipment startups need to invest even more time in creating their websites because in the dumpster industry, online ordering is standard operating procedure.
An order-capable website is essentially an ecommerce site. Ecommerce sites require more sophisticated design elements, hack-proof security and other features that are usually beyond the skill set of the typical garbage removal entrepreneur.
So unless you're confident in your ecommerce design capabilities, we recommend consulting with a professional web design and marketing firm to create your startup's website.
How to Create a Winning Garbage Removal Equipment & Supplies Company Business Plan
If you've done your homework, you already know that writing a business plan is the most critical thing you can do for your company.
Although it might seem like an unnecessary formality, your garbage removal equipment and supplies company's business plan is a document that will shape your goals and strategies on a go-forward basis.
If that's not enough, consider that business plans inoculate your business from common startup mistakes. While other startup garbage removal equipment and supplies businesses are floundering, your business will be on course for growth and profits, protected by a carefully conceived plan that reflects real world business conditions and your business's unique characteristics.
Don't Ignore the Competition
Prior to opening a garbage removal equipment and supplies business in your town, it's essential to find out what the competition looks like. Use the link below to get a list of local competitors in your area. Simply enter your city, state and zip code to get a list of garbage removal equipment and supplies businesses in your town.
Prior to opening your doors for business, be sure you fully understand the competitive landscape and where your new business will fit in.
Turning Competitors Into Collaborators
After you've evaluated your local competitors, it's a smart move to learn as much as you can from somebody who is already in the business. It's very unlikely that the local competition will talk to you. The last thing they want to do is help you to be a better competitor.
However, a fellow entrepreneur who has started a garbage removal equipment and supplies business in a different city will be much more likely to talk with you, provided that you won't be directly competing with them. Many business owners are happy to give advice to new entrepreneurs In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.
How do you find an entrepreneur who is running a garbage removal equipment and supplies business in a different locale who can assist you?
We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!
Acquisitions vs. Startups
Unfortunately, many inexperienced garbage removal equipment and supplies business entrepreneurs approach ownership with the mistaken idea that a startup is their only option when they could also pursue a business acquisition.
Except for scenarios that require extreme innovation or highly unique value propositions, it's usually less risky to buy an existing garbage removal equipment and supplies business.
An acquired garbage removal equipment and supplies business is a known quantity; a startup is less certain because its forecasts depend on estimated outcomes. If you're diligent about finding the right acquisition prospect, you may be able to leverage a business buying strategy to rapidly propel yourself into a position of industry leadership.
Is Franchising the Right Option?
The probabilities on your achieving your top business goals are much greater when you franchise and leverage their successful brand and track record.
If you are thinking about opening a garbage removal equipment and supplies business, it's worthwhile to determine whether there are good franchise opportunities available that might alleviate your startup process.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you currently own a garbage removal equipment and supplies business, these resources will come in handy:
If you came here to learn about selling to garbage removal equipment and supplies businesses, you're in the wrong place. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.