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Financing Hard Times

Published Sunday, March 01, 2009

Like virtually all companies, waste collection and disposal firms see their business shrink during recessions. The construction and demolition (C&D) segment weakens as the construction industry declines. Roll-off business falters, thanks to declining retail sales. The same happens to restaurants — fewer patrons means less food waste. Still, people and businesses always have trash to get rid of. After the inevitable decline, waste companies usually plateau at survivable levels. Those that have diversified their businesses well beyond the C&D and roll-off sectors and shrewdly manage their finances can be confident of survival. But, the current recession has plunged ...

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