Starting a garbage company is much like starting any other type of company. You must do planning, research and investigation to determine if the company will be profitable, and you must gain knowledge about how to run the company and deal with all aspects of it. Fortunately, this process can be accomplished with a step-by-step methodological approach, and with some insight and knowledge about how to do it, you can start a garbage company of your own.
Seek funding (if necessary) from venture capitalists, investors, family members or through a bank loan. Your business plan will be the tool you use to convince people to invest in your business, and you will need to assure them of your profitability if you want to get them to invest.
Design a business plan for your company. Use your data that you gathered during your market research to put together a business plan that includes your prospective customer base, your profitability margins and your costs that will be required to both start the company and run it on an ongoing basis. Fees, equipment, billing expenses, collection expenses and employee wages are examples of costs that you will incur, and which will have to be met or exceeded by the income you generate from your customers. You must also seek out a suitable landfill and consider whether you want to offer a recycling program or not.
Purchase the needed equipment and supplies, hire employees and begin to advertise your business and build a customer base. Discounts are a great way to encourage people to switch to your service.
First, it's advisable to perform market research in the area where you want to start your garbage company and determine whether or not there is a viable market for your services. Flyers, mailings and cold-calling are great ways to talk to people and determine if they have garbage service or not, and if so, if they are satisfied with it, or if they would be willing to switch to a different company. You can also check your Yellow Pages or do an Internet search to see what companies are in your local area.
Evaluate your business on a monthly basis to ensure that you are profitable and will remain profitable. You may not make a profit for the first several months, but you want to see a constant upward trend in profits so that you can predict when you will break even.
评论