As a top multifamily amenity, valet trash pickup service exploded in popularity. Valet trash pickup is a trash collection amenity offered by many apartment communities. Therefore, many new valet trash companies are opened. In turn, valet trash services marketing to apartment communities are also maximized.
8 leading steps for valet trash pickup side business
Much like indoor plumbing, efficient and hassle-free trash disposal is a hallmark of modern civilization. Nowadays, citizens of the socioeconomic pyramid expect effortless trash removal. Sometimes, municipal services fall short in the performance department. In many cases, one sensible alternative is privatized trash removal. A valet trash pickup business can be highly profitable if you don’t mind getting your hands dirty.
Identify a promising niche
Despite the target demographics, your valet trash pickup service should cater to clients from various housing backgrounds. Whether you choose to contract with senior care facilities, multifamily units, or singular apartment renters, settling the right mix of trash pickup options is crucial. Some valet trash pickup teams work with standard household garbage, while others take everything from furniture to electronics. Find out what you can do at the outset and create a broad plan.
Build and fund your business
Naturally, you should form a corporate entity like LLC and register your business with the local secretary of office state. The essential licenses will rely on how your state or city handles sales taxes and so on. In addition, you will need to fund to get your valet trash pickup venture off the ground. Starting a trash-hauling business can be somewhat expensive. Get a loan from a P2P lending service, a local credit union, or the small business administration.
Clear any regulatory obstacles
While sketching out your new trash pickup business, you need to know any local ordinances that can derail your plans. For example, some cities will only allow a specific number of trash collectors to operate within their jurisdiction. Moreover, you will need to study the relevant local laws pertain to recycle hazardous and electronic waste. Once again, the local chamber of commerce or the secretary of state’s office can help you discuss the red tape you will encounter.
Assemble your staff and gear
You will need plenty of recycling bins or garbage to pass out to your clients. Moreover, a reliable work van or truck will be a necessity at the beginning. Invest in transportation tools to make the pickup process as smooth as possible. Furthermore, you will need to hire some employees for anything beyond the smallest of valet trash services. Be sure to obtain the appropriate level of employer’s insurance for your business.
Set a good landfill operator
Before collecting trash and recycling from customers, you will need to set up a contract with the appropriate landfill to receive your trash. Generally, a dump or landfill will charge a garbage collector by the ton. You may rent commercial space to store the trash temporarily while you wait to drop it off. There may be a special inducement in your area related to recycling things like electronics like used motor oil and electronic trash that can necessarily reduce your costs.
Experiment with contracts and pricing
You need to fiddle around with your service contracts to determine the pricing sweet spot that will attract many customers. It is good to start with a monthly contract at a low rate that can be changed as you go. It will allow your clients to try your valet trash services on a trial basis and give you a way to find out the best price point for your service. Within a few months, you will have a good idea of what can work on a long-term basis for your trash collection team.
Promote your venture to the public
Raising the profile of your nascent company in the local community will not be a complicated proposition. Most people don’t spend much time thinking about garbage collection providers. So, a valet trash pickup firm will ask you to focus on branding. Use the social media suspects like Facebook, Twitter, and Google to help your local reputation. To make business contacts, affiliating the local chamber of commerce is a great idea. Also, leverage advertising by contacting local landlords and real estate rental businesses.
Build out your operation
Once you have set up your valet trash services by securing serious, long-term customers, you can work on growth. If things take off, you will need to hire employees to handle the daily bric-a-brac. Choosing the right people to confide with your side business and maintaining a competitive edge are the keys to reliable profits. A valet trash pickup firm can be a resonant success with the right customer demographics, a sound business plan, or a small promotion.