Business At A Glance
Startup Costs: $50,000 – $100,000
Online Operation? No
Business Overview
The home renovation and constructionindustry creates an enormous amount of waste each year that has to bedisposed of into landfill sites or taken to recycling facilities for arenewed lease on life. There are a few different approaches that youcan take in terms of starting and operating a disposal bin service.
Thefirst and more traditional approach is to own and operate your ownroll-off or winch truck that is used in the transportation, delivery,and pickup of the disposal bins. The second option is to own only thedisposal bins and subcontract the delivery and pickup service to atrucking firm.
The second option is less expensive in terms of start-upcapital requirements. However, it will also generate less revenue andprofit for the business. The third, and maybe most interesting approachis to use tandem-axle trailers, which can be purchased secondhandrelatively inexpensively, and can be towed behind any one-ton pickuptruck.
This third option enables you to enter into a waste disposalservice with less money, while controlling all aspects of the businessand revenues. Disposal rates are generally charged on a flat fee basisthat is based on distance traveled, plus the cost of disposing of theconstruction waste.
