Over the last demi-decade, the on-demand businesses associated with different industrial sectors have become more popular. The shifted dependency of customers on doorstep delivery has effectively leveraged the presence of on-demand businesses in the market. One such blooming on-demand business idea is Garbage Pickup Business
Are you an aspiring entrepreneur who wishes to try his hand on the on-demand startup business model but is tensed of high competition- here is good news for you! Forget about other popular business use cases; think about getting on-board with a unique yet promising business use case- Garbage pickup business. Sounds interesting! Read on about various essential details; you must know about starting up with waste management.
The trash pickup business might sound offbeat for the uninitiated, but there are many big players in the market, such as WeWork, SoulCycle that are making big with it.
Why is it ideal to start a garbage pickup business?
Asset- Light Business
Starting up with the garbage pickup business is an enterprising job that can establish a strong presence in the market. People are in a mood, to begin with, it, as it is one of the most promising yet asset-light businesses. As a part of your equipment quota, you require a handful of assets to make your business running on the road. During this COVID-19 pandemic wave, it is ideal to go for an asset-light business.
Minimal Investment Required
As we discussed above; this business supports the asset-light business; the initial investment required to start the business is minimal. At times, when the financial market is unsettled, going ahead with a business model that asks for minimal investment is a smarter decision.
The market for waste management is full of opportunities. Investors and entrepreneurs are finding profitable growth in the coming times. If you have enough determination to make a potential name in the market, you will most likely face lesser competition than other use cases.
Important facts about Garbage Pickup business
- About half of the world’s total population does not have access to trash collection.
- Nevada tops the chart as the producer of the highest waste in the world. Around 38.4 tons per individual.
- Around $200 billion/ year is being spent by the US to manage the country’s trash.
- By 2050, the annual waste generation is expected to reach 3.4 billion tons.
Essentials for your Garbage Pickup Business
Now that we know why it is ideal to start a garbage pickup business, let’s look at other essentials that you will need to start this business.
Choose your Garbage Truck
First and foremost, you need to purchase a garbage truck. Different types of trash trucks are available, and you can choose the one which best suits your needs. You can also custom make it from a large van, although this will require additional equipment. Let’s take a look at various type of trash pickup trucks:
- Front Loaders
- Rear Loaders
- Side Loaders
- Roll-off Trucks
- Recycling Trucks
- Grapple Trucks
- Dump Trucks
Study your market geography and then determine which of the above trucks will be most convenient for your garbage pickup business.
Get your Equipment Ready
After you’ve found your garbage pickup vehicle, you will need some equipment to ease the process of moving things in and out of the truck. Firstly, if your truck does not have a bin topper or any lifting aid, you need to buy a ramp that extends from the ground to the back of your vehicle. In this way, you can quickly fill in and empty the trash truck. Lastly, carry a toolkit in the case of to need to dismantle anything.
Acquire the required Licenses
Each city and state have their own rules and regulations regarding garbage collection business and waste management. Research online about permit requirements and what it will cost. You can also contact an agency that oversees such licensing processes, or you can connect with local authorities to fulfill all their legalities. Ensure you complete this process correctly because it is one of the most crucial requirements to start your garbage pickup business.
Partner with a Delivery Management Software Company
The tremendous potential in the global scrap metal market gives a big thumbs up to join the tribe of making gold with trash. The comprehensive benefits could not be ignored. However, it is advised to actively promote the business in the market so that the business’s true potential could be unleashed at the earliest. Now, when you are ready to make your presence counted in the market, make sure you are geared up with perfect tech-assistance.
Track the truck movements
Though it is a light-asset based business, you need to ensure that your assets are optimized promptly. To collect the trash, you need a garbage truck. As soon as your truck is on the road, you might need to track its movement. But how is it possible? Tookan could help you to get complete access to your truck location. Real-time tracking enables you to ensure that your business operations are done in the desired manner.
Optimize the best suitable route
Tookan gives you the chance to opt for easy optimization of route channels. You can pick the shortest and traffic-alerted route to add efficiency to the travel component of your business.
A good decision accompanied by the right tech-support can turn into the best decision. Tookan has helped many businesses to achieve their business goals. If you are willing to get started with the garbage pickup business, get connected with experts to know more.