There is a notable increase in the volume of e-waste
produced each year. The global problem affects the environment and causes toxic
elements to affecting the soil.
E-waste does not decompose easily because it is made up
of electronic components such as metal, plastic, nylon, cables and circuits.
Obsolete machines make up a large potion of our discarded waste.
This is utopia to an electronic waste recycle merchant’s. E-waste constitute about 25% of items found
in a rubbish dumps and less than an ¼ are recycled.
Electronic recycling is good business because it
transforms the waste to reusable products. Technology is very dynamic and
changes occur rather quickly. What is
fad and trending today is history tomorrow.
Almost any electronic product can be recycled such as television
sets, radios and phones.
What
Constitutes E-waste
Many household and office items constitute electronic
waste. Although the items differ in
function they are generally built using identical components. Here are a few
items found in most homes or offices.
Electronic fan
Deep freezers
Refrigerators
Televisions
Microwave
Ovens
Cookers
Mobile Phones
Fax machines
Printers and many electronic devices
How
to Open an Electronic Waste Recycle Business
Understand
the Business
The business although easy to grasp has a few
complexities. Recycle companies focus on either one or several components.
The business model, type of item and handling method
determines the companies focus. There are strict federal and state laws guiding
waste management.
The recycle company produce there own toxic waste after
stripping the device of its elements. Environmental laws focus on how theses
companies dispose of the waste they generate.
You need to understand what is obtainable in the industry
and make adequate provisions for handling waste matter. The type of machinery
you use is also of great importance.
You need a business
plan to define your company structure.
It is important to carry out a feasibility study to find a good site for
your recycle company.
Locating
the E-waste Recycle Business
It is totally unethical to situate a recycle company in
populated areas. The company should be a good distance from urban household to
avoid environmental issues.
The ideal location
should have ample storage and handling space. You can lease a property or
purchase one to start the business.
Locate your e-waste business in remote locations or
outside town limits. This singular challenge causes heavy costs on transportation
and increases amount paid to purchase used electronics.
Funding
the E-waste Recycle Company
E-waste recycle business involves moderate capital
investment. The amount you need depends on the type of recycle plant and
machinery.
Purchase of raw material accounts for 1/3rd of
the entire investment. Therefore you need ample working capital to remain in
business. Seek investors, loans and partnership arrangements to fund the
enterprise.
Transportation
A huge part of e-waste recycle business is
transportation. Your company processes several tons of heavy items monthly.
You could purchase a heavy duty truck or lease one.
Purchase and install the necessary equipment to carry out the recycling
process.
The company needs an administrative office and processing
factory. You can choose to hire casual workers or employ from your host
community.
Regulation
and Permits
Safety is a big issue in e-waste recycling business.
Provide your staff essential safety gear and insurance cover.
You need to secure a permit to handle e-waste items.
Follow environmental protection guidelines from the department of natural
resources.
Other permits are
trade license, waste disposal permits and land use permits. Find out what is obtainable
in your country of operation.
Sourcing
the Electronic Waste Products
Before launching your enterprise you need to determine
which type of e-waste you will harvest. Understand the challenges, manpower and
method of gathering the waste.
You need a location to gather the e-waste and regular
supplies. You need to secure contractual agreement from industry willing to use
the harvested e-waste.
Industries that might have interest in such products are
mobile phone manufacturers, glass companies, plastic companies and electronic
wire companies.
There are a few ways to source your electronic waste
items. You can purchase discarded electronic products from scavengers or
retailers.
You could contract people to go dump diving or source
directly from private homes and industrial complex. The best practice is cheaper
source of raw material and labor for higher profit.
Recycle companies
sell harvested parts per kilograms or tons. Therefore you need to hire or
purchase moving equipment. E-waste is a profitable business venture however you
need adequate funds, permits, equipment, trade partners and knowledge of the
business.
0 comments:
Post a Comment