How To Start a Dumpster Rental Business in
Tennessee
Wondering how to start a dumpster rental business in Tennessee? Looking to start a dumpster business? Nate Jones Entrepreneur is here to help you with a free dumpster rental business plan below. Starting your dumpster rental business in Tennessee the correct way is important.
How much does it cost to start a dumpster rental business?
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$70,000 - For a Roll-Off Truck or Truck with Roll-Off Trailer
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$4,000 - $5,000 for each dumpster
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$500 a year for a website
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$2,000 a Year for Insurance - If you need insurance, reach out to Wexford Insurance, they work with a lot of Dumpster Rental Businesses. wexfordins.com
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$2,000 a Year for Marketing
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TOTAL COST TO START: $79,500
How much money can you make with a dumpster rental business?
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The average cost to rent dumpster is $500 a week.
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How much money do dumpster rental businesses make a yaer?
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With one dumpster being rented for 30 weeks a year, you can make $15,000 off of one dumpster.
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As you scale your dumpster rental business, you can continue to make more money. With 5 dumpsters, you can make the following:
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30 weeks a year, 5 dumpsters at $500 a week, you can make: $75,000 a year.
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Are Dumpster Rental Businesses Profitable?
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Yes, a single dumpster can make anywhere from $15,000-$20,000 a year. From your investment in that dumpster of around $4,000-$5,000 you can make your money back quicky.
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The challenge with this business is profiting off of the initial investment of your dumpster roll-off truck or dumpster roll-off trailer.
Types of Dumpster Rental Businesses:
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Roll-Off Dumpster Rental Business
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Junk Removal Business
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Dump Trailer Rental Business
Positives of a Dumpster Rental Business
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This is business is semi-passive. Once you drop off the dumpster, you don't need to come back until the customer is done with it.
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This Business is always needed. Contractors are always doing remodels. Homeowners are always doing projects.
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This business can be scaled. You can continue to add more dumpsters and grow your business.
How to Start a Dumpster Rental Business
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Save up money for down payments on equipment
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Form your LLC with the Federal Government and Local Government
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Create your website and social media pages
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Purchase Insurance
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Find a Lawyer to draft your dumpster rental contract
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Make connections with local builders and contractors
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Implement local marketing.
Nashville - Memphis - Chattanooga - Knoxville - Johnson City - Murfreesboro
Need the Complete Guide?
If you are wanting to successfully launch and scale a dumpster rental business, you will need this E-Book. In this book we review the following topics:
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Business Planning for a Dump Rental Business
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Legal and Regulatory Requirements for Dump Rental Business
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How to finance and acquire dumpsters
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How acquire loads and market your dumpster rental business
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How to manage your finances and bookkeep your dumpster rental business
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How to set up and scale your dumpster rental business.
Need Help Finding a Business Idea?
Download my
E-Book
Are you wanting to start a business but don't know which one or where to even look? Great news, I have done the hard work for you. In this book, you will learn the following:
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How to find a business idea that fits your lifestyle.
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How to uncover business ideas that no one else is starting.
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How to potentially buy your first business instead of starting one.
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How to start your business and set it up to succeed.
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How to scale your business so you have a life.