Fixing Your Factory

You'd be surprised at how much waste your business can generate each and every day. Instead of watching the waste slowly accumulate with nowhere to go, sign up for commercial dumpster rental services. If your business needs to rent a relatively large dumpster that is anywhere from 10 to 40 cubic yards in size, you can expect to pay $500 or more for the services. This can be a rather hefty bill for a small business. To reduce the cost of your bill, consider sharing the dumpster with neighboring businesses. Before agreeing to the rental terms, make sure that you look out for these provisions and clauses in order to protect your business legally and reduce liability.

Clauses Regarding How Non-payment from One Business will Affect Others

First and foremost, you definitely want to make sure that you are not responsible for making sure that the other businesses are making their payments in a timely manner. If you're unlucky and partnered up with a business who is constantly late on payments, you'll have a tough time pestering them for it – especially if everyone who has signed the contract will be fined for the late payment. This will also take away time that you could otherwise be spending on growing your business.

Make sure the rental contract states that each business will be making separate payments and are only responsible for their payments. In particular, you want to make sure that there is a clause in place that states that non-payment from another business will not affect you. For example, check to make sure that another business' non-payment will not affect your business' credit.

Clauses Describing Rental Responsibilities of Each Business

A lot of work goes into maintaining a dumpster. For example, the dumpster should be locked at the end of the night in order to prevent dumpster diving. Criminals have been known to target businesses that deal with and handle sensitive and confidential information in order to obtain documents that would help them with identity theft. In addition, the dumpsters should be cleaned regularly if it will come in contact with food. Sticky food residues that are left inside the dumpsters can easily attract unwanted pests.

With that being said, it's important that all of the businesses that are sharing the dumpster put in an effort to maintain it. To enforce these responsibilities, make sure that the rental contract includes clauses that determine the responsibilities of each business. For example, one business may be responsible for locking the dumpster on a certain night. This can help take a huge load off of the shoulders of each business, as the tasks will be distributed evenly.

A Final Clause on How the Rental Agreement can be Ended Peacefully

At some point in time, you may decide that you would like to end the rental agreement. This may be because your business is relocating or your business has expanded to a point where you might need your own dumpster and can no longer share. Regardless of what the reason may be, make sure that the rental agreement has a clause that states how the rental agreement can be ended. You want to pay a lot of attention to the wording of this clause, as it may determine whether you'll be responsible for still paying your share until the end of the rental term.

Conclusion

All businesses require some type of dumpster rental services in order to ensure that the waste generated from their business is removed in a timely fashion. If your business does not generate sufficient waste to fill up an entire dumpster yet, you might benefit financially from sharing your dumpster with a neighboring business. Just make sure that you carefully read the terms and condition, along with the fine print, of the rental contract.

For more information or tips with creating a rental contract, talk with different dumpster rental services, such as Parks & Sons of Sun City, Inc., directly.