Looking to start a cardboard recycling business from scratch? Or do you need a sample cardboard recycling business plan template? then I advise you to read.
For any serious person wishing to become an entrepreneur, there are several business opportunities. Recently, the processing industry is rapidly gaining popularity in the modern world. In fact, many environmental protection agencies advocate a clean and safe environment, and one way to achieve this is to recycle used materials.
Starting a Recycling Business Most countries receive support from state and federal governments, which is why you should consider starting your own recycling business. One area where you can specialize in recycling is cardboard recycling – the market for recycled cardboard products is huge.
The cardboard recycling activity consists of collecting used cardboard and then recycling it so that it can be reused for the production of cardboard or any other related material such as; books, paper folders, etc. It is a fact that a cardboard recycling business is indeed a profitable business and requires moderate start-up capital to set up, and the fact that you have the ability to get tax breaks in most countries of the world. world.
Now, let’s take a look at some of the steps you need to take to be able to start your own cardboard recycling business from scratch and then become profitable in no time;
Starting a Cardboard Recycling Business – Sample Business Plan Template
1. Conduct research in the field of processing
The recycling industry is indeed a booming industry and it is advisable to research the industry before starting your own cardboard recycling business. A study of the recycling industry with the key aspect of cardboard recycling gives you a better understanding of all that involves setting up and running a business. Your research will help you understand the ins and outs of the recycling industry and find out how to get support from recycling agencies. the world.
2. Write your business plan
Your business plan is a document that clearly sets out the conditions that must be met in order to be able to create your business, manage your business and develop and develop your business. You have the possibility to write your business plan yourself; you have the option of signing a contract with business consultants or using a business plan template. The bottom line is that your business plan should be able to pass a reality check before you start implementing it.
3. Register your business
Registering your business before take off is not negotiable in developed countries. Thus, you are required to make an agreement with your lawyer to help you register your business, you can also do it yourself if you have some spare time. After registering your business, it is important that you obtain a taxpayer identification document as well as a business license if your country or state requires it.
4 rent or rent the property
You will undoubtedly need equipment to run your cardboard recycling business. So, make sure you get a property that can get government approval before paying for it. You can speak with a real estate agent to help you find your ideal property.
5. Purchase the necessary equipment
You will have to buy pulp molding machines, recycling machines of different capacities, shredders, forklifts, trucks and others. The truth is, recycling machines can be very expensive, so you have to be prepared for financial transactions.
A standard large capacity recycling machine can cost up to $ 80,000. Besides the money spent on the rental of the facility, the next big amount to spend is the purchase of machines and supplies for paper recycling.
6. Plan your selection of sources for used boxes
A good thing about the cardboard recycling business is that you can get raw materials for free ( used cardboard ). All you have to do is make a used cardboard purchase plan. One of the main sources of used card fees is in schools; you can arrange with the school administration to allow you to collect the used cardboard from their schools.
In most cases, you will be cleared because it is truly a win-win situation for both parties. it means you help them clean up the trash / dirt while you get the raw materials for your business. You can also get used cardboard from the printing press, as well as for landfill and recycling. You can also reward and pay the young people when they bring you a pile of used boxes.
7. Source to market your recycled cardboard boxes
What you do with your recycled cardboard is very important. You can decide to make a new cardboard out of it, you can make books out of hard paper and make paper out of it for printing. Everything you manufacture determines where your processed product is sold.
The places where you should sell your products are schools, printers, offices, and any other place you know your products might need. The truth is, if you can manage to get a contract to supply books to schools or a printing house, you will surely get a good income from this business.
Finally, you are not expected to run this type of business on your own. You would need people to work with you. You will need recycling machine operators, distributors and waste paper collectors. To facilitate the collection of used cardboard boxes at school, you should also set up well-labeled waste collectors at strategic locations in all schools around you.