HAZARDOUS WASTE DISPOSAL BUSINESS PLAN SAMPLE AND FEASIBILITY STUDY REPORT FORMAT
With the steps provided, this hazardous materials business plan sample, if properly followed will ensure that the entrepreneur is able to come up with a well written and unique business plan for his business.
Being both a delicate and vital business enterprise due to the health implications hazardous materials pose to individuals and the benefits involved due to proper disposal measures, this area of business has continually attracted investors who have seen the growth potential inherent in this sector.
This article is specifically written as a guide for investors who are interested in this area of business, but have little to no knowledge on how to come up with a well laid out hazardous material management business plan.
We start with the following;
- Executive Summary
- Services Offered
- Our Mission
- Our Vision
- Market Analysis/Trends
- Competitive Advantage
- Target Market
- Sales Projection
- Payment Channels
- Publicity and Advert Strategy
Clean Up! LLC is a hazardous waste disposal company to be located in Virginia. Providing hazardous waste cleanup in accordance with federal safety laws, Clean Up will be providing these services using the best equipments in the industry to ensure that absolute safety of our staff and clients.
We will also be ensuring that these hazardous materials are properly disposed so as to ensure they do not pose a risk to others. These services will be driven by competitive price regime to ensure that while providing our clients with the best hazardous cleanup services, the cost of services rendered will be friendly.
With future plans of expansion of our services to other states within the United States, we will be providing quality services that will ensure that our clients are impressed with. With the aim of ensuring that our services match and even surpass that of leading hazardous material disposal businesses in Virginia, some of the services to be rendered will include hazardous waste material treatment and disposal, efficient disposal of sludge, hazardous waste composting among several other services.
Our Vision at Clean Up is to be among the top 4 hazardous material disposal businesses within Virginia, with plans of eventually expanding operations to other states within the United States. This vision will be driven by efficient service delivery, using the sophisticated waste disposal materials that will ensure the satisfaction of our clients.
Our mission is to become a dominant brand within the hazardous material disposal business industry through the provision of cutting-edge services driven by a highly efficient and professional workforce that will ensure that services delivered are world class.
The hazardous material disposal industry is characterized by credibility. Once a hazardous material disposal business is reputed to be credible, it eventually gets hazardous material disposal contracts from top hazardous material generating businesses.
The process of building this reputation is however gradual, and may take time. But once such business has built credibility, there will be a steady stream of big clientele who will most likely have a permanent contract with the waste disposal business for continued business.
The competitive advantage Clean Up has over similar businesses is the proper motivation of its workforce who are considered key to business growth. Ensuring that only the best hands are chosen, with years of experience in the hazardous material disposal industry, our workforce will be given attractive remuneration packages to ensure they are financially motivated, in addition to providing conducive work environments that will ensure they function at peak levels.
With an industry that solely relies on hazardous material generating clients, our target market will include electroplating companies, smart phone manufacturing companies, the oil and gas sector, chemical industries, small businesses that also generate waste. Others will include every business type that generates waste in whatever form.
Through the provision of professional waste cleanup services to our esteemed clients, we have come up with sales projection arrived at through a research conducted. However, factors such as economic recession and natural disasters have been discounted in arriving at the projection figures. The sales projection will see a healthy growth in revenues through increased sales. Below is a representation of the sales projection;
- First Year $330,000
- Second Year $560,030
- Third Year $780,000
We will have a variety of payment channels for services rendered, to ensure that our clients do not face difficulty trying to make payments. Payment options most suitable to our clients will be included in our payment channels basket.
Some of the payment options to be included include; the use of POS, acceptance of cash payments, cheques, mobile money transfers, and credit cards.
Publicity and Advert Strategy
We will be using publicity means that include both conventional and unconventional methods of advertisement and publicity. Paid adverts in both print and electronic media will be included.
Also, the use of the internet through the creation of a website for our business will be included. This is in addition to the use of social media platforms to ensure the widest reach of our services to potential clients.
This is a sample hazardous material business plan, consisting of all the procedures for writing a well laid out business plan. All the entrepreneur has to do is to simply follow all the guidelines while properly brainstorming on the contents to be included to his/her own business plan.