There is a lot of garbage waste that is being thrown out of the houses and industries every day. Out of all the waste that is being thrown out every day, only half of it will be recyclable, whereas the rest half is not possible. By recycling the half garbage waste, you will at least be able to reduce the pollution in the world. People are getting aware about the importance of environment protection and hygiene. You can take this opportunity and start a profitable waste management business. This is one of the good business options which can help you in making some decent amount at the beginning and then grow gradually.
How to establish the waste management business
You should plan everything in order to start it. That means, you will have to understand what is going to be your investment at the initial stage, what type of business are you actually planning like whether it is LLC or a co owned company or you can go for even a partnership company as well. Once you have done all this then you will have to make sure that you get the license and permission for getting started with the business.
Do not start recycling everything
You are just starting the waste management i.e recycling business and hence you should not be dealing with everything. You can initially start with recycling paper alone and then you can proceed further to recycle other waste. You can add plastic recycling, computer recycling, food waste, bottles, scrap metals, electronics and all other things. Below are some of the opportunities in waste recycling:-
- Waste paper recycling – Read more
- Waste plastic recycling – Read more
- Tin-Can recycling –
- E-waste recycling – Read more
- Used lead battery recycling – Read more
- Food/Kitchen waste recycling
- Scrap metals recycling
- Tyre recycling
- Wooden furniture recycling
- Medical waste management and recycling
- Industrial waste
- Hazardous waste
Selection of proper niche
Select the proper waste which you want to recycling, considering availability of that particular waste and your business plan. Every waste has different methods of recycling, that is why the machinery required for recycling is also different. The most profitable among above listed business is scrap metals, lead battery, tire, plastics and medical waste.
Get the certification done
You should have clear idea about how to recycle the selected waste products. When you are not sure how it has to be done, then you will not be able to guide your staffs in the right way. Every state has git its own regulation and you will have to make sure that you are aware of the regulations of your own state. That is going to help you in doing the business in a legitimate way and you will not have to face any problems once the business is started. You can check for certification programs available in India here
Find the right place for recycling waste
You will have to make sure that you are selecting a location where the waste that has to recycled is dumped. Yes, you can choose different spots near to different areas. From there you are going to pick up the waste and dump it in the main recycling spot. This is where the entire recycling process takes place. So, these small dumping spots can be near to the commercial building like the restaurants, supermarkets, hospitals, etc. From there you can pick up the waste in your truck.
Get the equipment required for recycling
You will not be able to start or setup the business without the right equipment. So, you should always make sure that you buy the new equipment or get them on rental basis so that you can start you work with a very little investment. Yes, when you have very little budget, getting equipment on rental basis can be the right choice for recycling of waste products.
Market your business
You should start marketing about your business and that is how you will be able to grow. You can use internet as a good source for marketing about your business. You will not have to spend too much for online marketing.