Professional Documents
Culture Documents
2023
PROPOSAL FOR
WASTE MANAGEMENT
& JANITORIAL SERVICE
The urgency of a strategic and targeted support for the right and
efficient kinds of waste management investment stems from
concerns as our healthcare service delivery system continues to face
various systemic challenges that affect efficient healthcare delivery
and the provision of basic water, sanitation, and hygiene (WASH)
services. Liberia faces significant risks due to the high increase of
solid waste, including threats to public health, environmental
degradation, and social-economic challenges. Addressing these risks
requires a multi-faceted approach that encompasses infrastructure
development, community engagement, policy implementation, and
sustainable practices to ensure effective solid waste management.
CONFIDENTIAL DOCUMENT
TABLE OF CONTENT
INDUSTRY OVERVIEW
The Sanitation industry, just like most businesses in Liberia, depends on strong
consumer spending to spur the demand for industry products. Going forward, as
the economy of Liberia continues to recover and consumers are expected to
loosen their discretionary budgets, the industry is experiencing a massive
growth.
Over and above, the Waste Management & Janitorial Services industry is a
profitable industry and it is open for any aspiring entrepreneur to come in and
establish his or her business; you can choose to start on a small scale in a street
corner or you can choose to start on a large scale with several outlets in key
cities through Liberia.
EXECUTIVE SUMMARY
We are aware that there are limited chains of Solid Waste Storage Facility in or
around Monrovia, which is why we spent time and resources to conduct a
thorough feasibility studies and market survey so as to be well positioned to
favorably compete with all our competitors. We intent to have an online –
service option for our customers and to also establish a well secured payment of
options which most institutions’ lack.
We will ensure that all our customers are given first class treatment whenever
they hire our service. We will build a CRM software that will enable us manage
a one on one relationship with our customers no matter how large the numbers
of our customers’ base may grow to.
We will provide reliable and efficient waste collection and disposal services to
households, businesses, and institutions in Monrovia. This will include regular
pickups and proper disposal of waste at designated landfill sites. We seek to
ensure environmental sustainability, public health, and safety. Some of our
services and products typically offered are:
Recycling Programs:
We don’t intend to start a business like the usual mom and pop business around
the street corner in Liberia; our intention of starting a Sanitation business is to
build a standard and one stop Waste Management and cleaning service in
Liberia.
We will ensure that we hire people that are qualified, honest, customer centric
and are ready to work to help us build a prosperous business that will benefit all
the stake holders (the owners, workforce, and customers). As a matter of fact,
profit-sharing arrangement will be made available to all our senior management
staff and it will be based on their performance for a period.
Strength:
Weakness:
Among other things, our weakness could be the limited resources available for
startup (Initial Capital). One of the weaknesses of the industry is its
susceptibility to economic downturns. During periods of economic recession,
businesses may cut costs by reducing or eliminating janitorial services,
impacting the company’s revenue. Moreover, the industry is highly competitive,
with low barriers to entry. This can lead to price wars and margin erosion if the
company does not differentiate itself effectively.
Opportunities:
Threat:
Just like any other business, one of the primary threats facing the sector is
regulatory changes. Evolving environmental regulations can impact operational
costs and require investments in new technologies or processes to remain
compliant. Additionally, the industry faces the threat of technological
disruption, particularly in waste management where advancements in recycling
technologies or waste-to-energy processes could alter traditional business
models.
MARKET ANALYSIS
Market Overview
Monrovia, like many developing cities, grapples with waste management issues
stemming from inadequate infrastructure, limited resources, and a growing
population. The demand for Waste Management and Janitorial Services is
driven by the need to address these challenges effectively. The market
encompasses a wide range of services including waste collection, recycling,
disposal, and Janitorial Services for residential, commercial, and industrial
clients.
Regulatory Environment
Market Trends
Competitive Landscape
Residential Areas
Commercial establishments,
Industrial sectors,
Government Ministries & Agencies
NGOs
Sales Forecast
In the Waste Management & Janitorial Services industry, having well-equipped
facilities, trained staff, and a central location can be the key to achieving success
and generating significant profits. A well-stocked facility with the latest
equipment and technologies can help to streamline operations, improve
efficiency, and provide high-quality services to clients. Additionally, a team of
well-trained staff can help to ensure that services are delivered effectively and
efficiently, while a central location can make it easier to reach clients and
provide timely services.
We have been able to critically examine the industry and we have analyzed our
chances in the industry and we have been able to come up with the following
sales forecast. The sales projections are based on information gathered on the
field and some assumptions from experts that are peculiar to startups in Liberia.
Below is our revenue projection which is based on the location of our business
and other factors as it relates to rice business start – ups in Liberia;
N.B: This projection is done based on what is obtainable in the industry and
with the assumption that there won’t be any major economic meltdown. Please
note that the above projection might be lower and at the same time it might be
higher.