Starting a new junk removal business is often an exciting and thrilling adventure, but without proper planning, a new hauling business can easily end up in the dumps. In this series, we will be writing about the top ten things you should consider before launching your junk removal business.
In this blog series we’ll be covering:
- Writing a junk removal business plan
- Choosing the right legal structure for your junk removal business
- Equipment needed for your junk removal business
- What to do with the Junk you collect and where to dispose of it properly
- Naming your junk hauling business & domain name selection
- Setting up a junk removal website that converts visitors into customers
- Creating a marketing plan your junk removal business
- Measuring your marketing tactics
- Managing junk haulers and multiple trucks
- Online tools that make it easier to manage your customers
Today’s topic: Junk Removal Business Plans. Let’s get started.
How to write a great junk removal business plan.
As time-consuming as it is, before starting any business venture you should always write a business plan. Why you ask? Well for one, writing a business plan forces you to think hard about what your goals are for the business.
Junk removal business plans should contain all the standard elements including:
The Company Overview
What are you naming your junk removal business? What are you all about? Who is running the day-to-day operations? What makes you different? Remember if your unique selling proposition (USP) can be copied, it’s not a good differentiator.
Your Business Offerings
Are you offering residential junk removal or commercial debris hauler or both? Do you want to provide weekend service? Do you charge the same for bed load rates or is your fee higher? Will you offer curbside rates and takeout rates depending on where the junk is?
Marketing Plan
Who is your target market? Are you servicing a city, county or the entire state? Are you focusing on homeowners, businesses or both? What are the demographics of a junk removal customer? What psychographics can you glean from market research?
Marketing Tactics
What are the steps you’re going to take when implementing your marketing plan? Will you advertise offline? How will you measure your results? Which online channel provides the best return on investment? A marketing calendar can help keep you on track.
Management Team
Who is running the daily business operations? Are you responsible for hauling, marketing, PR, financials or do you want to grow?
Financial Projections
What are your goals for the 1st year of business? Are you planning on expanding or keeping it a small local junk removal operation? How will future regulations affect your business? This is where you have to forecast the future of your business, but keep it realistic.
Conclusion
Once the business plan basics are out of the way, remember that junk removal sometimes requires certain permits and licenses. Check with your local city government to learn about restrictions or requirements they have when starting your junk removal business.
Now it's your turn. How did you structure your junk hauling business plan? Did you include all the points we mentioned above? What did you find most useful about writing your business plan?
Let us know in the comments below, and stay tuned for the next post on choosing the right legal structure for your junk removal business.
This is dead on, I started a junk removal company on my own at the age of 18 and I could have used this info then. Good work guys!
-Fred @ San Diego Junk Removal
I agree, you have a technically sound approach to getting a junk removal business started the right way. Like most businesses, its good to have this kind of stuff written down before hitting the ground running – will help keep your focus in the long run!
This is a good article. I learned a lot from junk removal business, sounds cool! Thank you for sharing your knowledge and ideas. Great stuff!
This is a good checklist of how to start a junk removal business. Don’t forget to add a quote form or lead capture form on your website so you can remarket to your customers and prospects.
I started my junk removal business while in college and it was so successful that I have been doing it for over 20 years now and I still love the bussiness and am still successful at doing so.
Furthermore, though a junk removal business may seem like the type of business that may not require a lot of forethought, it’s extremely important to have an airtight business model in place from the get go. Having a niche in mind (eg. specializing in recycling or “green”removal) is a great idea, too.
Having a profitable business like this is like hitting two birds with one stone. You can actually earn for a living by helping the society segregate and dispose their wastes at the same time saving our Mother Nature from hazardous detrimental these wastes may cause.
A junk removal company would definitely do well anywhere within 5 miles of a D.I. or goodwill donation store.
Why do you think so?
Thanks for sharing this information about junk removal start ups. People hoard so much that there should be some good business in it! Thanks!
Thank you for the information this will be very helpful since I am about to start my own junk hauling business please look for us soon BIG MIKE’S JUNK HAULING!!!
This is a great site for starting a junk removal business and is dead on for things you have to do.
When I read this blog it gave me flashbacks to starting my business. I am actually going to revisit some of these steps that I have slipped away from a little bit.
Thanks
What equipment is needed to do junk removal?
All a hauler needs is basic equipment — a truck, hand truck (Dolly), and a couple garbage pails
Do I need a license for start my own junk removal business in Las Vegas ?
I think this list is extremely comprehensive! Very good post.
This is a great and informative post – I’m not sure it would be easy to start a junk removal business that quickly, but these are definitely great steps to take.
Thanks for your comment Junk Angel! What do you think would make it easier for others to start their own junk removal business? Did you do anything different when starting your business? And finally, how did you differentiate from the local and national competition?
Great blog lots of useful info on junk hauling…I started doing small hauling jobs myself two months ago after buying this start up guide on junk hauling and its been going good so far, almost have enough for a bigger truck. The start up guide and this blog helped me a lot and I learned a lot.
Keep up the good work and hope success for everyone.
Thank you for your post !
What would be the best equipment to own ? and how to find the best way to dispose of the Junk. Those are the real questions !
Hi Abdul,
Please check out our latest post on equipment needed to start a junk hauling business and let us know what you think!
What would you suggest are the most valuable keywords when marketing online? I have been using Pinellas Junk Removal
Greetings from California! I’m bored at work so I decided to browse your website on my iphone during lunch break.
I enjoy the info you present here and can’t wait
to take a look when I get home. I’m surprised at how quick your blog loaded on my cell phone ..
I’m not even using WIFI, just 3G .. Anyways, good site!
Thanks so much for the post! It answers almost all my concerns about running a viable business,not only junk removal bizness..
I will certainly keep you posted as soon as I start my project!