Junk Removal Service Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Junk Removal Service Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Junk Removal Service business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
Junk removal services can be highly lucrative businesses given that they are able to produce revenues not only from removing refuse from people’s homes and businesses but also from the sale of these discarded items. One of the nice things about these businesses is that people often throw away things that have significant value, and as such the business can generate highly profitable sales from items that are been discarded but still can be used and sold. One of the interesting things about going into this business is that many people have a familiarity with antiques and related products when they enter the junk removal business. This type of business is relatively immune from negative changes in the economy given that people are going to want to continue to remove things that are no longer using from their homes and businesses on an ongoing basis. The barriers to entry for a new junk removal service are considered relatively low given that a truck that can hold a significant amount of refuse is simply required. A junk removal service can be started for as little as $10,000 all the way to $150,000 depending on the number of trucks that will be used at the onset of operations. The ongoing expenses relating to this business are relatively low given that a driver and an assistant are usually the only two employees that are needed to provide junk removal services to the general public. At the onset of operations, many new junk removal services have their owner operate as the primary driver for these types of companies.
Given that these companies are almost always able to remain profitable, banks, lenders, and private investors almost always willing to put up the necessary capital in order to launch a new junk removal business. This is also due to the fact that the primary expense in getting one of these businesses off the ground is the acquisition of trucks for the junk removal services’ fleet. As with all capital raising activities, a business plan is usually required. This document should feature a three year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page. If an entrepreneur is looking to raise capital via a bank loan that a special focus should be paid to the fact that a significant amount of tangible equipment and vehicles will be the primary use of these loan funds. Banks and lenders almost always want to see that their investment is fully collateralized. Beyond the information regarding the financial results and collateral, a full market analysis focusing on median household income, median family income, population size, median household net worth, median household value, and the competition that the junk removal service will face should be discussed very thoroughly. Given the highly lucrative nature of junk removal businesses, there is always a significant amount of competition among both waste management companies and dedicated junk removal services in any given market. As such, many businesses with within this industry need to develop a highly focused marketing plan so that they can differentiate themselves from the competition.
The junk removal service marketing plan should focus significantly on being able to provide customers with a cost-effective and timely way of discarding of their no longer wanted household goods or business items. As such, many of these companies will take to using a substantial amount of print advertisements during traditional spring cleaning months. This is one of the ways that these companies can become profitable very quickly. Beyond the mailing campaigns, many of these companies will also maintain an expansive proprietary website that features information regarding the cost relating to junk removal, hours of operation, how to contact the business, and related information as to what is done with goods that are removed from the household. This proprietary website should have a pay per click and search engine optimization campaign associated with it in order to allow individuals to quickly find the company’s website when they do a localized search. Beyond a stand alone website, many junk removal services will also maintain a significant profile on popular social media platforms such as FaceBook, Twitter, and Google+. For this type of business, a presence on social media is not nearly as important as having a an expansive stand alone website.
A junk removal service SWOT analysis is frequently developed as well. For strengths, these businesses are highly scalable and they have low start up costs. While the barriers to entry are relatively low the gross margins generated from pickup services as well as sales of valuable refuse can be significant. For weaknesses, given the low barriers to entry there is a significant amount of competition in any city or town that provide the services. For opportunities, many entrepreneurs within this market will frequently developed and acquire additional vehicles as well as establish additional locations. For threats, there’s really nothing that the junk removal service industry is going to have to deal with moving forward outside of improvements in order technology.