Do you want to start a portable toilet rental business from scratch? Or do you need a portable toilet rental business plan template? If YES, then I advise you to read on.
If you plan to become your own boss and earn more money by taking control of your time, you should start your own portable toilet rental business, especially if you live in an area that regularly hosts events or camps. outside.
Portable toilets are always in demand in areas where outdoor parties are held. , rallies, construction sites, events or sports such as mountain biking, mountain marathon, skiing, hunting camp, camps for various purposes, etc.
If you have the capital to buy a portable toilet and you have the space to store it, you should consider investing in portable toilet rental. There is no doubt that starting a rental business including the rental of portable toilets, is a profitable business. if there is a demand for what you are renting. This is why it is important to confirm whether your rental business can thrive in the location where you want to set it up.
The portable toilet rental business is one aspect of the service industry in which entrepreneurs do not find it fashionable to get involved, but the fact remains that it is very profitable and competition is very high. low compared to other types of service activities.
If you have done your research and think you can succeed in this direction, you need to follow the following 7 steps to successfully start your own portable toilet rental business from scratch and then make it profitable in no time;
Starting a Portable Toilet Rental Business – Sample Business Plan Template
1. Conduct a feasibility study
Just because a rental business is one of the easiest businesses to start doesn’t mean that everything you choose to rent will be rented. The fact is that a portable toilet rental business cannot thrive in every city. In fact, this type of business can only be successful in areas where outdoor gatherings, camping, sports , etc.
So, part of what you should be looking for when doing your research is to confirm whether these events or sports take place in the area where you plan to start renting portable equipment. It makes no sense to start a business in a place where you are not sure your services or products will be needed. It is about seeing a need in society and responding to it.
2. Development of a business plan
A good business plan is essential to successfully starting and managing a business. All it takes is having research and work included in your business plan to make it strong enough to support business growth and expansion. Therefore, if you know you are not ready to write a business plan, you can hire business plan writers to help you write it.
They will assist you in all research and feasibility studies. Without a doubt, a good business plan will help you develop strategies that will allow you to manage and grow your business with less stress and little to no trial and error.
3. Increase your start-up capital
There is no doubt that renting a facility large enough to accommodate all your portable toilets will be expensive. Also, the money needed to acquire a portable toilet large enough to serve your customers may not come cheap. For this reason, you need to do a calculation to know the required capital that you need to obtain before starting your own portable device rental business.
4. Register your business and apply for a license and permits
In order to operate a portable toilet rental business, it is necessary to register it with your country’s government before applying for a license and permit. You will need a license to run this type of business due to the environmental risk. You must contact your country’s public health department and environmental management agency to obtain a permit.
This is important because they don’t want you to randomly dump sewage into the environment because it can lead to an outbreak in the environment. In fact, the government will review your waste management system/plans before you can get permission to rent a portable toilet.
5. Rent space for your business
When looking for a location, you should look for a space large enough to accommodate the number of portable toilets you are renting. So be sure to let your real estate agent know what you are doing so they are well guided when finding a property for you. In some cities you may need to check with the municipal authorities to make sure that you are allowed there is a portable toilet rental company.
6. Buy portable toilets
The number of portable toilets you should buy will depend on your finances and the nature of the market you need to serve. The good news about portable toilets is that you can talk to manufacturers to help you build them to your design and specifications. Sure, portable toilets can be expensive, but the truth remains that with proper handling and maintenance, you can make money out of them again and again.
7. Promote your business
In the city where you live, there are people who want your portable toilets, and it is your responsibility to find them and then sell them your business. What you need to do is cooperate with event organizers. When you even partner with planners, you are likely to get referrals from them and they also rent your portable toilets when they organize events for their clients. You can also advertise your business in newspapers, radio stations, television, etc.
It is true that people can continue to organize parties, sporting events, camping trips, outdoor gatherings, etc. There will always be a need for portable toilets.
