The Dumpster Rental Opportunity

This is simple. I run my business on 3 basic principles

1. Do what you say you are going to do
2. Do it when you say you are going to do it, communication is simple
3. Be as transparent as you can with your customers, there are variables, if you explain them upfront, they know what they may encounter.

Our initial investment is $5,000, for the annual License Agreement, additional funds for dumpsters and transportation are dependent on how you want to grow your business.  As the demand grows for your services, you will need to acquire additional trucks and dumpsters.

SmartBinz™ Licensees have the benefit of not having brick and mortar operations which tends to delay development timelines.  We can launch new Licensee within 30 days of an initial introductory call; however, it can take a up to couple months to receive dumpsters and trailer or truck. If you are a current operator you can open as a SmartBinz™ Licensee in the time it would take to letter your dumpsters and launch site. SmartBinz™ has relationships with website companies and Marketing companies ready to go and open your location very quickly, if you wish to utilize these companies.

Smaller containers have many advantages over larger containers.  Job sites are getting more constricted in urban markets, and many times there just isn’t enough space.  Additionally, most of the business that we support is in the residential remodeling and renovation category.  Those types of jobs typically don’t need large containers, and it’s our job to educate those customers on why they don’t need to spend extra on large dumpsters.  With the smaller containers, we’re also able to keep our vehicles under 26,000 lbs in Gross Vehicle Weight, meaning that we do not need to hire CDL drivers to run our trucks.  Lastly, the investment is significantly less with smaller trucks and containers, which allows our Licensees to focus on acquiring more dumpsters to grow their business faster.

Licensing is a great way to get into an industry that you are not already familiar with.  A License Agreement has already developed an operating model, tools, and process.  This means that the Licensee needs to focus on implementation and execution.  You are also able to mitigate some of your risk by Purchasing a SmartBinz™ License.  Since we have been in the waste hauling business for so long, we’ve already found the pitfalls and mistakes that can be made in this business.

At SmartBinz™, we sell territories in 50 Mile Radius from home/office.  Each additional territory that you purchase will increase your License Agreement fee.  We will work directly with you on evaluating the market and determining appropriate territory for your License Agreement.  This will include competitive analysis, disposal site research, demographic studies, and pricing studies.

Yes!  At SmartBinz™, we do about 85% of our business B2B.  Because we work with so many contractors, we get much more frequent orders than you would from a customer.  Much of the B2B business is developed by building relationships and meeting with potential customers face-to-face.  We’ve developed a system that will assist you in taking care of the residential customers while you concentrate on the different contractor opportunities.  We also have great automated tools that will handle the follow-up for you.  As the Licensor, our job is to provide tools, process, and resources that help our Licensees stay on the offense, and out of repetitive day-to-day tasks.

The results of your business will vary depending on your skill, effort, and relationships.  After an initial introductory call, you will begin the process of understanding how to build a financial model based on your individual area.

SmartBinz™ focuses on providing best in class support to all our Licensees.  From the moment you inquire, the SmartBinz™ team goes to work on your behalf.  We provide 1-on-1 support to all our Licensees in Operations, Training, Sales, Marketing, and Accounting.  You’ll never be left to figure things out on your own.  Our model is built to grow, and we want to be with you every step of the way making that a reality.

We can assist you by setting up meetings with our current companies we have worked with for years. You are always welcome to utilize your own companies, these are just recommendations.

1. Products, Dumpsters and Trailers

2. Insurance, General Liability Business as well as assets

3. Marketing, Google Ads and SEO,

4. Software

5. Accounting Software

6. Graphics (Lettering for Dumpsters) and Uniforms