How do I manage the finances of a dumpster business?
Managing the finances of a dumpster business involves tracking revenue and expenses closely. Use accounting software to monitor cash flow, track equipment depreciation, and manage invoicing. Plan for maintenance and repair costs for dumpsters and trucks, and ensure you have adequate funds for operational costs like fuel, employee wages, and insurance. Regularly review your pricing strategy to ensure profitability, and set aside funds for business growth or unexpected expenses.