How To Start A Recycling Company In Nigeria
Have a business plan and know where to establish your companyfactory and have it run from there as your base. Have a business plan and decide on the location where you want to establish your companyfactory to serve as a base from which the entire business will be run.
Starting a Plastic Recycling Business in Nigeria Most times people venture into business simply because they hear that it is lucrative and then suddenly end up with losses and debts on their hands.
How to start a recycling company in nigeria. You can make between N50000 to N500000 monthly doing this business. How to Start Fertilizer Supplying Business in Nigeria. Open your tire and rubber waste recycling company with a party so as to capture the attention of.
Have a business plan and know where to establish your companyfactory and have it run from there as your base. Business in Nigeria guide. I am planing to start my recycling company in ABUJA at PAIPE this february and i will be available to crush and buy sorted pet bottles plastic chairs asone other crushable plastic any colour.
Recycling involves a long chain of business command beginning from the dump sites. Just position yourself as a waste collector ranging from polythene bags of different sources and have them supplied to a waste collection center operator who then process and shifts them to the company that does the recycling. It helps to feel your account with money and keep the environment safe.
The best aspect is that it is considered to be a very lucrative business keeping in view the demand for green businesses. This is the breakdown. Thanks for this arthicle its realy helpfull.
For instance the Igando dump site is privately owned and managed. READ Small Chops Business Plan in Nigeria With about 2000000 you can start waste recycling business in Nigeria and be sure to make a ROI of about 60 monthly. Objective of our Patilad Plastics and Tin Cans Recycling Business Plan in Nigeria.
Start Tire Recycling Business in Nigeria Introduce your business by sending introductory letters alongside your brochure to manufacturing companies such as tire. It is important that you begin the work after getting the required machines for plastic recycling. As mentioned earlier the recycling business is a competitive business venture.
To achieve this conduct thorough market research to investigate what recycling businesses already exist in your area. Just like most of the other sites in the city. Conduct a feasibility study and research to determine the type of waste recycling business you want to start with.
In this guide you will find the necessary information on recycling in Nigeria. Starting Waste Recycling And Management. Several companies in Nigeria are looking for recyclers for their products meaning there is a huge market out there waiting for you.
That doesnt mean that the business is not as lucrative as people said it was. Conduct a feasibility study to determine the type of waste recycling business to start with. Obtain the needed permits for your business and make sure you have all the licenses intact to avoid being disturbed by the law enforcement agents as that could.
How To Start Recycling Business In Nigeria. Obtain the needed permits for your business and make sure you have all the licenses intact to avoid being disturbed by the law enforcement agents as that could hinder your production. To achieve 35 in gross margin or more in first year 45 in.
Conduct a feasibility study to determine the type of waste recycling business to start with. Nevertheless for a better start you will need to have at least 2 million Naira to begin. Scavengers are charged the sum of 200 daily before they can come in and pick valuable recyclables ranging from metals plastics etc.
In Nigeria waste recycling business can be considered as a goldmine for investments. If you want to start a recycling business it is essential you choose your area of specialization especially the one that is not saturated but in demand. To make sales of over N130 million in first year N200million in year second year and maintain a geometric growth doubling on investment.
Therefore if you are starting small it is advisable to find a niche that is not too saturated but in demand.
