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A Guide: Does Purchasing a Compactor Make Sense for my Business?
Most astute Business Owners and CFO’s spend much time pondering how they can maximize their company’s profits and lower their overhead costs. Perhaps the most obvious way to increase profits is to lower operating expenses. Like Benjamin Franklin said, “A penny saved is a penny earned.”
Still, the question that plagues many Business Owners is how to lower their expenses. That is why many businesses hire outside consultants, whose core competency is loss prevention in one area or another, to help them add money to their bottom line.
For many businesses, an important expense to consider is waste removal, especially if they generate enough trash to warrant an expense of more than $200-$300 per month. Keeping disposal costs low is particularly important for businesses that generate large volumes of waste. Every Business Owner who is looking to reduce disposal costs should ask: “Will a trash compactor save my business money?”
This can be a difficult question to answer, as sometimes compaction equipment can be a considerable investment, and it can be tough to determine or guarantee a return. However, in certain scenarios, few investments offer the kind of return that trash compactors do.
For example, let’s use John Doe, owner of a high volume QSR Restaurant that has a monthly expense of $1,150.00. The owner of this restaurant has done everything he can to lower his trash bill. He has added cardboard recycling, which helped by lowering his cost from $1,300.00 to $1,150.00, but he still has a hard time stomaching the fact that he pays $13,800.00 every year just to have his trash taken to the dump. He has even thought about hiring someone in a pick-up truck to drive the trash to the dump, but he knows this is illegal as well as unsanitary.
Frustrated by the fact that his trash bill is higher than his car payment, he does some research and decides to seek help from a company many of his fellow QSR Owners swear by, Global Trash Solutions. Global Trash Solutions performs a free analysis and calls Mr. Doe with great news: He can save 66% per month by investing in a trash compactor. The compactor will also improve security and aesthetics at the restaurant. Mr. Doe is ecstatic. Global Trash Solutions provides him with a detailed return on investment, financing options, and even negotiates the new price with his trash hauler for him. His equipment pays for itself in 15 months, and he adds over $9,200.00 annually back to his bottom line!
Stories like this are happening every month in 48 states throughout the country. Global Trash Solutions offers a myriad of different turn-key compaction solutions, which is why GTS is one of the fastest growing waste consulting firms in the country. Please contact us today so we can help you improve your profitability, and keep your waste costs as low as possible for life.
Written by by Evan Hunter, Executive Waste Consultant
Image courtesy of ponsulak/ FreeDigitalPhotos.net