Some portable toilet businesses specialize in luxury toilet facilities for weddings and high-end events, while others find their niche servicing the construction industry with no-frills toilet facilities. The truth is that portable toilet rental business cannot thrive in every city. Contact a commercial real estate agent to assist you in your search.
Fairs, carnivals, private events, and even farms may all have a need for a porta potty at some time during the year. Trade groups such as the Portable Sanitation Association International can prove to be a very helpful resource and publish newsletters and magazines that can be useful in keeping up with trends and new technology in the portable toilet business.
This however means that your business must be located in an industrial park with administrative offices and the required fencing in place.
In some cities, you might have to check with the municipal authority to be sure that you can be allowed to run portable toilet rental business there. Utilizing these will help you make more informed decisions on managing your business and contacting vendors.
People can use the bathroom and the contracts you receive to place a portable bathroom and service it put money into your pocket. However, before you can have ongoing contracts, you should ensure that you will provide affordable services by knowing your cost and profit margin.
Some portable toilets will need to be serviced on site. Below are some of the financing options available to help start up your portable toilet rental business; Using personal savings or revenue from sale of property or stock as part of start-up capital Sourcing for soft loan from friends and family members Getting a business partner in order to split your start-up capital with Applying for loan from a commercial bank Choosing a Suitable Location for your Portable Toilet Rental Business Choosing the right location to run your business is very essential.
If your prices are too high, a competitive porta potty business could easily swoop in and steal your potential contracts from you.
According to statistics, portable toilet rental establishments thrive well in areas where there is a large number of people.
No doubt portable toilets can be expensive, but the truth remains that if properly handled and maintained, you can make your money on it over and over again. Then start dialing for advice until you are successful. You must apply to the public health department and environmental management agency of your country to get a permit.
Attend to the business of business. We enjoy hearing your comments, insights and suggestions Questions, Comments, Tips, and Advice Posted by: Register your business name, start a checking account, and raise capital for the purchase of your portable toilets if you need the cash.
When looking for a suitable location for your business, it is important that you consider zoning as some communities require that portable toilet rental businesses should be located in areas that are industrially zoned.
How to Start a Portable Toilet Business by Ann Johnson - Updated September 26, It may not be the most glamorous of industries, but the portable toilet business can be a lucrative enterprise.
Therefore, ensure that you inform your real estate agent of the kind of business you are into so that they will be well guided when search for a facility for you. If locating a good facility is very overwhelming for you, you might need to engage the services of a real estate agent who has thorough knowledge of the area to get you something that is in line with your budget.
These resources are more appropriate for you: Start by creating a business plan that outlines your goals and mission.
In fact, they are often very willing to share startup advice with you. Purchase or lease vehicles and appropriate trailers to haul the toilets to the clients of your portable toilet business.Oct 16, · Before purchasing your portable toilet inventory, you will need to establish a tax identity as well as a DBA, or “doing business as”, certificate with the state in which you will be operating your business.
Read Also: Small Business Ideas to Start in 8 Reasons You Need a Business Plan for Your Small Business.
a change of government which may bring about relocation of motor parks and markets to another place is an opportunity to start portable toilet business in such places. The business plan consists of a narrative (body) and financial worksheets.
Work through the sections in any order that you want, except. It may not be the most glamorous of industries, but the portable toilet business can be a lucrative enterprise. It is a service industry that will require staff to deliver, retrieve and empty the systems that are leased by the clients.
A clearly written business plan is the industry standard and the first step in starting a portable toilet company business. Its not just important for business owners but it is something potential lenders such as banks, investors, and other partners want to see.
A business plan is the skeletal framework for your portable toilets business's mission, goals and strategic vision. In contemporary business culture, business plans are also litmus tests used by external interests to assess real world viability and marketability.Download