If you have the capital required to purchase some numbers of portable toilets, and you have space to keep them, then you should consider investing in portable toilet rental business. No doubt, starting any rental business including portable toilet rental business is a profitable venture if there are demands for what you are renting. That is why it is important to confirm whether you rental business can thrive in the location you want to establish it.
Portable toilet rental business is an aspect of the service industry that entrepreneurs don’t find fashionable to engage in, but the fact remains that it is highly lucrative and the competition is very low compare to other type of businesses in the service industry.
If you have done your research and you think you can do well in this line of business, then you should follow these 7 steps to successfully start your own portable toilet rental business from the scratch and then build it to profitability within the shortest time possible;
THINGS TO CONSIDER
Look for Space
When looking for space, you should look for a facility that is large enough to contain the numbers of portable toilets you are putting up for rent. 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. 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.
Acquire Portable Toilets
The numbers of portable toilets that you are expected to acquire would be dependent on your finance and the nature of the market you are expected to service. One good thing about portable toilets is that you can talk to the manufacturers to help you produce them based on your design and specifications. 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.
Market Your Service
After acquiring the mobile toilets, the next thing is to let people aware of the fact that such service is available. There are so many occassions when mobile toilet services is required. In parties, seminars, trade fair centres, busstops etc.There are people that need your portable toilets in the city where you live and it is your responsibility to locate them and then market your business to them. What you need to do is to partner with event planners. When you partner with even planners, you are likely going to get referrals from them and they will also rent your portable toilets when they are organizing events for their clients. You can rake in N8,000 on a mobile toilet, having so many mobile toilets for rental will provide you with more revenue.