E-WASTE RECYCLING BUSINESS PLAN GUIDE
Waste recycling is a business that helps the world a lot in getting rid of garbage and also in reducing the number of polluted lands.
Do you need a sample in writing the plan for your e-waste recycling business?
This post is very useful for those who have gone into or are about going into the e-waste recycling business because they will at one point or the other need to write a business plan which they will need a sample for.
In this post, I will use an e-waste recycling business as an example in writing a business plan so people can use it as sample in writing theirs also.
Here is a sample business plan for starting e-waste recycling plant.
Business Name: Mid-Atlantic Recycling
- Table of Content
- Executive Summary
- Mission Statement
- Vision Statement
- Mid-Atlantic Legality
- Startup Cost Summary
- Products and Services
- Management Team
- Competitive Analysis
- Marketing Strategy
Executive Summary
Mid-Atlantic Recycling is a Limited Liability Company which is situated in Virginia. The company is owned and founded by Oliver Pyne who will be an active participant in making decisions and managing the company.
The company will operate in Monroe County, which is near the community of Lindside. The recycling facility will be set on a 58+ acres property owned by the founder, Oliver Pyne. The site is a good idea for the business due to its easy accessibility and nearness to interstate 77 and 81.
Mid-Atlantic is planning to expand its business in the future by opening more recycling facilities in West Virginia and beyond.
Mission Statement
The mission statement of Mid-Atlantic Recycling is to become the best and leading waste recycling company in the whole of Virginia by providing good product sales and services.
We will also provide the immediate community with a business that gives reliable and professional technical support and good customer service.
Vision Statement
The company’s vision is to provide a business where high quality, convenient and reasonably recycled products are provided at the best possible price.
Legality
The business will make sure to attain both federal and state licenses and permits for easy and smooth operation of the business. The company will be under the jurisdiction of Environmental Protection Agency due to the fact that we recycle waste product into environmental products.
Startup Cost Summary
The startup cost of the business will be $1,000,000 which will be divided and used for all that needs to be done.
Products and Services
The main product and service of Mid-Atlantic Recycling is to give solutions to municipalities and market for organic soil enhancement products. That is, to give them an alternative for disposing human waste generated in waste treatment plants and the main product will be recycled human waste for use as fertilizers. Mid-Atlantic will be the first recycling company in the region to collect, compost and recycle waste for use as fertilizers and soil enhancers.
Management Team
The management team of a company cannot be taken with levity hands because they are very important therefore the management team of the company will consist of :
President: The president of the business is still the same as the founder who happens to be Oliver Pyne, who has a degree in agriculture form West Virginia University and has spent thirty (30) years in agriculture and farming industry. He is thoroughly familiar with the whole process of composting right from the beginning to the end of the process. The ability he possesses will be good and critical to the success of Mid-Atlantic Recycling.
Operations Manager: The operation manager will be Smith Cole, a person who has experience of operating a landscape firm because he operated one for 7 years and he is familiar with the use of compost materials as well as the market.
Controller: The controller is Mr. Ben and he has a history in business and management. He will be responsible for handling the administrative details of the business such as: taxes, check writing and book keeping.
Each member of the management team will have duties and responsibilities imperative to producing unique products. The president will be responsible for the whole operation of the business. He will be the one to be overseeing other company executives.
Competitive Analysis
Based on the competitive analysis that was done, we can say the company has the following competitive advantages:
- The price of compost products made by the company is lesser than chemical fertilizers.
- Recycling companies are more appealing to customers’ attitude towards fertilizers; they prefer organic fertilizers to chemical fertilizers.
- The company recycles waste that saves valuable land space.
Marketing Strategy
Every company needs to have plans put in place on how to market their products; it is very paramount. The major things that Mid-Atlantic Recycling will do in marketing our business are:
- Building a relationship-oriented business.
- Providing high quality and highly valued products and services.
The company will have two folds of promotions; the first one will focus on the first six months of operation while the second one will deal with long term.
