Today more than ever, as the economy remains unstable, layoffs have increased and rehiring has been slow. Many jobless individuals have turned to starting their own business which is a great way for many to make a living and have complete control over their livelihood; however, finding the right business to start is a key decision to make.
In a period when general spending and consumption of luxuries is down, business in the service industry can still do well and prosper, especially those niche areas within major industries that face little competition. Due to the very nature of the industry, starting a septic maintenance company has proven to be a profitable choice that is often made since beyond any doubts, there will always be a need for this very necessary service. Best of all, a service business such as this one can be started with as little as only one vacuum truck and some technical knowledge.
Starting a septic truck service is a solid business plan because there will always be a constant need for this specific requirement. Over a third of all households and other buildings have septic systems that need regular pumping, cleaning, and maintenance; the need for maintaining the system is not going to disappear. With such a captive audience, a small septic company can do quite well as long as all operators are well trained, a high quality service is provided, and a competitive price is being offered. With good quality work ethics, word of mouth can spread quickly in neighborhoods and towns, and help smaller companies grow quickly in the septic service profession.
Low Start-up Requirements
Requirements for starting a septic service are fairly low when compared to other businesses, another plus when considering such an idea. Naturally, the largest expense is obtaining a reliable vacuum truck, closely followed by learning how to properly operate one. Used vacuum trucks can be found at great low prices through auction companies. If a good used vehicle that has been properly maintained is found, it can be more than enough for a fledgling company to start with while money is saved for a newer version. A brand new model can cost nearly $80,000, although it does have better features. Other than these two requirements, the only other necessity is to know where to dump septic waste as well as the cost and requirements to use a dump site for the disposition of the septic waste. The rest is a matter of advertising to attract customers and build a book of business.
Consider Creative Start-up Options
If the cost of buying vacuum trucks is too much at first, a recommendation is to look at businesses that are either selling or looking for partners as a means to expand existing operations. Additionally, some large septic companies offer franchise agreements to small business owners and can help with the initial financial outlay in order to get another franchise owner on the road to success. The reason why there are so many options in this type of business relates directly to the fact that, regardless of the economy, the need for septic services will always exist. Starting this kind of business merely depends on acquiring the necessary tools, then offering a competitive, reliable company to do the work.
Naturally this type of service requires the same sound business plan as any other start-up; however, when all things are carefully considered, it can be relatively easy to get started with a septic pumping service. It is one of the few cases when a less popular or unpleasant job has created a greater demand for those willing to handle it. With the right prior planning and the right septic truck, even an owner-operator type venture can do well and eventually grow to become a profitable endeavor!