With the onset of globalisation and modernisation, it is inevitable that large amounts of garbage will be thrown from homes every day. Due to this fact, it is important that the percentage of waste that will be managed and recycled will be similar in some way to those that cannot.
Waste Management Recycling Benefits
Recycling not only helps rid the world of waste, but can also help ensure that there are less polluted lands. With the increasing awareness in environmental protection, you can take the opportunity as a business owner and start your own waste recycling plant.
This article is about how to start a waste recycling business. Listed below are various things that you should know if you are planning to start this type of business. But before I go into the details of starting an e-waste management recycling business, we want to emphatically state that the information in this article does not in any way replace your need to conduct a feasibility study, Write a business plan and work on your own.
Secondly, the information shared in this article applies to any locality; Be it USA, Canada, UK, Nigeria, Ghana, etc., without wasting your time, below is an in-depth guide to starting your own e-waste recycling business with little or no money.
Starting Waste Management Recycling Business
- Now that you have made up your mind to know how to start a waste recycling business, you should first decide how to set up your business.
Make sure you know what kind of business you can be. You can either run it independently; As a co-owned business; Participation; Or a limited liability company (LLC). You should take steps to obtain licenses and permits for your business.
- If you are just starting out, then you should know that it is possible for you to recycling everything that is recyclable. However, since you are still starting, it is a good idea to start recycling paper beforehand because you still have limited capital and may not have all the necessary resources at first.
As time passes, you gradually expand to include other recyclable materials such as computers, plastics, organic, nylon, bottles, food waste, green waste, paper, wood, scrap metal, construction waste, electronics, and others. can do.
- In learning how to start a waste recycling business, make sure you get the proper certification. There are different rules for different states and be sure to know how you can get certified in the state where you want to set up your waste recycling plant. Certificates are important for buying or selling CRV-labeled containers.
- Find a suitable location for your waste recycling business. You want to choose a location where people can be allowed to leave their recyclable materials and where you can take your main recycling facility on a regular basis. You can either choose a warehouse or even have a small stall close to commercial establishments such as supermarkets and restaurants.
- Buy industrial shredder equipment for recycling. To start a waste recycling business, it should be clear to you that you cannot recycle materials without the proper machines to be able to do so. You will need heavy duty twin shaft shredder machine, weight scales, huge bins, trucks and some equipment for your office. You should certify your weighing scales as they will be checked periodically.
- See if you will find other contestants in the field. If there are, see if they have the same recycling technology that you will employ. If their services are limited, you will benefit more if you offer a wider range of services.
- Advertise your business by creating a website, distributing handouts and posting advertisements in newspapers.
As a final note, the most important thing to consider when starting a waste recycling business is the costs and fees involved with the business. This would include business license fees, state income tax, business tax certificate, employee payroll tax, federal income tax and other types of fees. Check with your local or state government for requirements
As with any business venture, knowledge is power. GOYUM can assist you with start-up information and ideas, including equipment training and business operations manuals..