Looking to start an aluminum can recycling business from scratch? Or do you need a sample aluminum business plan template? then I advise you to keep reading.
The recycling industry has remained the same, and what is good is that it has the support of environmentalists and governments around the world as a way to protect land from degradation, from greenhouse gas emissions. and pollution.
Recycling an aluminum can saves energy and the recycling process is cheaper than starting from scratch. It is a fact that aluminum is a tough metal and can be reused to make new products. Another good thing: recycling aluminum cans requires about 5% of the energy used to produce primary aluminum from the ore.
The essence of aluminum can recycling is to use already used cans to make new cans or other aluminum products and components. This process is simple and cost effective; used aluminum cans are collected and sorted before being melted. Molten aluminum cans can be used to make new cans, aluminum tools, aluminum products or components.
While starting your own aluminum can recycling business requires enormous start-up capital and rigorous processes to set up your own factory, it is a fact that it is indeed a profitable business. The market for recycled aluminum cans is large and can accommodate many investors. Recycled aluminum cans are used for preserving food, beverages, chemicals, lubricants, oils, industrial chewing gum, etc.
If you have the necessary capital and are serious about starting your own aluminum can recycling business, you need to take the following steps seriously:
Establishing an Aluminum Can Recycling Business – Sample Business Plan Template
1. Write a business plan
Starting your own aluminum can recycling business is very important and you will need to submit your project (business plan) before starting this type of business if you really want it to grow and become profitable.
If you don’t have the skills to write a good business plan, you can work with consultants to help you prepare it, but you’ll have to pay them a commission to do it for you. It can get expensive, but if you negotiate well, you can get it for less. A good business plan can help you raise capital and partners for your business.
2. Register your business
The next thing you should do after preparing your business plan is to choose a company name for your business and register it with your country’s social affairs commission or chamber of commerce. With your certificate of incorporation, you can open a corporate account for your aluminum recycling business and obtain your taxpayer ID.
3. Obtain the required license
You will need to visit the local government office in your area to inquire about the type of license required to start your own aluminum recycling business. The process of obtaining the required license is less labor-intensive as most governments want more investors to invest in the transformation.
4. Choose a suitable site for the construction of an aluminum recycling plant.
You will need to choose a suitable location for the construction of an aluminum recycling plant. If you choose to build your factory in an industrial area, you will reap the benefits, but it will cost you much more than building your factory on the outskirts of town. In order to keep costs down, you can move to areas where you can buy cheaper land for sale or buy properties.
5. Equip your aluminum recycling plant
After you have built your aluminum recycling plant, the next thing to do is install all of the equipment and equipment needed to run your business.
Here are some of the types of equipment and equipment needed to recycle aluminum cans. plant; Can Wrapping And Sorting Machines, Aluminum And Steel Can Processing Machines, Shredders, Cable Granulators, Catalytic Converter Processing Machine, Aluminum Melting Furnace, Wire And Harness Processing Machines, Alligator Shears, Aluminum Ingot Casting Machine, Belt Conveyor System, Power Plant, etc. You will also need trucks to transport the used cans from the collection points to your factory.
6. Establishment of collection points
The easiest way to get enough used aluminum cans. is to create strategic collection points for used aluminum cans. If you are creative with the collection process, you will get more than enough aluminum cans to recycle. You can also create reward systems for students if they collect enough used aluminum cans for you. Another way to get lots of used aluminum cans is to make an agreement with your state’s waste disposal office, as most used aluminum cans usually end up in the landfill.
7. Hire skilled workers
You cannot do this type of business alone, so you need skilled hands to help you grow your business. You will need truck drivers to help you collect empty aluminum cans from your collection points; as well as the people who will work in your company ( skilled and unskilled employees ). Remember to have some very stubborn marketers and administrative staff as well.
8. Promote your products
The main recycling markets for aluminum cans are in the food industry. Your target market should be companies that manufacture processed foods, lubricants, insecticides, industrial chewing gum, varnish, beverages, milk, etc. The fact that recycled aluminum cans are safe and inexpensive makes it less convincing for businesses to patronize you.
Indeed, starting an aluminum can recycling business is quite a tricky business, but it is indeed a very profitable business. and the market for its finished products is huge. The growth potential of this type of business is positive due to the benefits of recycling used aluminum cans.