Unused electronics can pose a threat to the environment, especially when not disposed of appropriately. Electronic waste includes mobile phones, computers, radio as well as television sets among others. Although these items have great potential of being a threat to the environment, you will be excited to know that you can make money from your piles of e-waste through recycling. That is, your e-waste can be recycled to produce a new product.
Advantages of E-Waste Recycling
Recycling of e-waste will not only contribute to getting rid of the garbage but is also a great step towards minimizing the degree of pollution. Thus, business owners who are aware of the threat that e-waste poses to the environment will increase awareness or even start a recycling plant.
Steps in Establishing an E-Waste Recycling Business
Determine How You Will Set up Your Business
This is the first and the most important step, as you will need to ensure that you are fully informed on the different types of businesses that you can establish. It is also at this point when you get to decide whether you want to co-own the business through a partnership, run it independently or operate through a limited liability company (LLC). It is only then that you can obtain a license.
Separation of the Useful E-Waste from the Useless
You will need to come up with a process through which you will be separating the useless waste from useful waste which can be refurbished into useful products. Most importantly, you also get to decide where your useful waste shall be taken. For this reason, you may want to start out with something that you can easily commit to with the resources that are available at your disposal before thinking of expanding. Based on your strengths, you can then expand your list of recyclables in the near future.
Get Proper Licenses
Getting a proper certification cannot be substituted. Thus, ensure that you have complied with the different rules and regulations pertaining to the state where your business is located to ensure that you are not violating any laws. Besides, certificates are also important when it comes to selling or buying CRV labeled containers.
Get the Resources
You need to know where you will source the resources to get you started whether you want to purchase or lease the equipment that you require. Remember proper recycling requires the right machines that will get the job done in a timely and efficient manner. Recycling equipment ranges from huge bins and scales to trucks and office equipment. Most importantly, you need to ensure that your weighing scales are certified and inspected on a regular basis.
Identify an Ideal Location for Your Recycling Business
When identifying a location, you need to take into account a number of factors that include access by people when it comes to dropping off materials that are recyclable as well as picking them up regularly before taking them to the recycling facility. You may want to opt for a small stall or a warehouse depending on various factors.
Look Out for Competitors
You need to find out if there are other businesses doing the same thing within the area you have identified. You may then go further and learn about their recycling techniques and compare them to what you will be doing. If recycling services are limited in that particular area, then you can be sure of a wider profit margin.
This is a crucial step as you need to create awareness among potential clients about your service offerings. One way of advertising is through the creation of a website. You may also print flyers and handouts for distribution or post ads in newspapers.
Ultimately, electronic waste recycling is an area that eco-entrepreneurs can explore in the quest to promote a green environment and generate income. All you need to do is ensure that you have met all the requirements so that you are not violating any legislation that might attract a huge penalty.