MAKE A SALES AND MARKETING PLAN
Take your time with this one since it is a bit more complicated than the others. Make
sure not to overthink some of the simpler factors. Try to get through it a few times
before you give up. This should be a detailed plan outlining how you intend to market
and sell your dump trailer rental services, so if you need any kind of help with this,
don’t hesitate to seek professional assistance.
PROJECT YOUR FINANCIALS
Lastly, your Roll-Off Dumpster Rental business plan should include financial
projections for your company, including start-up costs, operating expenses, and
expected revenues.
Making a financial forecast for your dump trailer rental firm is an essential component
of your business planning process. Your financial projection will give you a clear idea
of your start-up costs, operating expenses, and expected revenues. This information
will be essential in convincing potential investors to invest in your company.
There are a few key things to keep in mind when creating your roll-off dumpster
business financial projection:
STARTING COSTS
Setting up your roll-off dumpster rental business involves a few key expenses that
you should be aware of as you embark on this venture.
Dumpster and Equipment: The first step in launching your roll-off dumpster
rental business is acquiring the necessary equipment. This includes obtaining
dumpsters and any other tools needed to kick-start your operations.
Roll-off Truck: The backbone of your business is the roll-off truck, which is used
to transport and deliver dumpsters to various locations. Depending on whether
you opt for a new or used truck, you can expect to spend anywhere from $30,000
for a pre-owned truck to $150,000 for a brand-new one.
Dumpsters: Waste dumpsters come in different sizes, catering to varying
customer needs. The cost of these dumpsters ranges between $4,000 and $8,000
each, depending on their size and specifications.
Down Payment: As part of acquiring a roll-off vehicle, a down payment is
typically required. This financial component should be factored into your startup
expenses.
Storage Space Rental: Warehousing space is essential for storing your dumpsters,
trucks, and other equipment. This will involve additional rental fees that should be
accounted for in your initial budget.
5 Dumpsters
1 Roll-off Truck
30 Dumpsters
2 Roll-off Trucks
STARTING COSTS
Setting up your roll-off dumpster rental business involves a few key expenses that
you should be aware of as you embark on this venture.
Dumpster and Equipment: The first step in launching your roll-off dumpster
rental business is acquiring the necessary equipment. This includes obtaining
dumpsters and any other tools needed to kick-start your operations.
Roll-off Truck: The backbone of your business is the roll-off truck, which is used
to transport and deliver dumpsters to various locations. Depending on whether
you opt for a new or used truck, you can expect to spend anywhere from $30,000
for a pre-owned truck to $150,000 for a brand-new one.
Dumpsters: Waste dumpsters come in different sizes, catering to varying
customer needs. The cost of these dumpsters ranges between $4,000 and $8,000
each, depending on their size and specifications.
Down Payment: As part of acquiring a roll-off vehicle, a down payment is
typically required. This financial component should be factored into your startup
expenses.
Storage Space Rental: Warehousing space is essential for storing your dumpsters,
trucks, and other equipment. This will involve additional rental fees that should be
accounted for in your initial budget.
STARTING SMALL: NOVICE APPROACH
If you’re new to the roll-off dumpster industry and want to begin modestly, consider
these starting requirement.
TYPICAL BUSINESS SETUP:
Based on market analysis and common industry practices, most businesses adopt the
following setup:
30 Dumpsters
2 Roll-off Trucks
REVENUE
Although revenue is great, do not get carried away as this money is only what you
anticipate making from renting out your dump trailers. Be sure to include a realistic
estimate of how many dumpsters you expect to rent out each month, as well as the
average rental price.
With this information in mind, you can begin creating your dumpster rental business
financial projection.