Business plans for garbage collection are designed to explain how your company can make a profit by management the downstream waste of residential or commercial clients. It might not seem like it at first, but there can be many facets to this business model. As 1-800-GOT-JUNK has shown, there is a high sales potential in this industry if trash set out for collection is sorted through and repurposed, either through second-hand sales, online auctions, or charitable donations then used as a tax write-off through appropriate channels. The old adage, “one man's junk is another man's treasure†can hold true in this industry. Whether this is part of your model or not, the business plan you'll need should cover:
• The size of the target market you envision
• Your plans for disposal and/or repurposing
• The rates you will collect for services
• The number of people you'll have to employ
• The way you will spend your start-up funding
Beyond just a use of funds table, the garbage collection business plan should also feature a full pro forma financial model that includes a revenue forecast, personnel plan, profit and loss statement, break-even analysis, cash flow and balance sheet, and an appendix that shows the first year post-funding in a monthly detail. The business plan's narrative also needs a competitive assessment (who else is in your industry?), a look at key trends or risks impacting the business, a management team section, and a portion dedicated to describing the various marketing campaigns you might use. MasterPlans can write this entire document for you in as little as 2 weeks. Call us today at 877-453-2011.
