Recycle

The green movement is on. People are increasingly becoming aware of the need to protect the environment and conserve our mineral / natural resources. Few months ago, I wrote an article on how to start a recycling business. due to popular demand, I decided to follow it up with this article on how to start a paper recycling business.

In this present day of rapid technological development, businesses are becoming increasingly aware of the environment and are increasingly looking for ways to reduce their environmental impact, and where possible, to also reduce their operating costs.

Starting a paper recycling business involves you having a good knowledge of where to collect the waste paper, technical and mechanical know-how on how to operate the machines used for the process and where to sell your finished goods. Now how do you go about starting this business? I suggest you keep reading.

How to Start a Paper Recycling Business – Sample Business Plan Template

1. Conduct Preliminary Market Analysis

Market research is the first and most important task you need to accomplish for you to know if your idea is feasible. Before even considering the option of setting up a paper recycling plant, you need to ask yourself these questions:

•How will my business benefit my clients?

•Who and how many potential customers are there for me?

•What is unique about my business that would motivate buyers to patronize me?

You have to know if the companies in your location are willing to buy the products from you. Recycled paper can be used to make newspapers, paper money, egg cartons, masking tapes, cartons, tissue paper and paper grocery bags.

Most companies pride themselves in the use of recycled paper. You can check online and find out the companies in your location that manufacture all these products and approach the manager to ask if you can supply paper to them.

2. The Financial Implications of Starting a Paper Recycling Business

Starting a...