A business that focuses on recycling tires is good for the environment. But as the case with any business, it is essential to formulate a plan in order to run successfully. By learning how to begin a tire recycling business, you can not only help to preserve the environment, but you can also be equipped with the knowledge to rise well in the industry. Consider these steps on how you can set up a tyre recycling plant.
1. Get Familiar With the Basics
When you are in operation, you should have at your disposal a hauler (registered) to carry tires to your center for recycling. Here you can shred them into crumb rubber or retread the tires for resale.
2. Formulate Your Business Plan
This step is essential, as you will want to decide for certain which direction you want to move in regarding what you will do with the tires that arrive at your plant. You should also figure out your financial situation, such as funds you have to put into your business right away as well as the funding you may require via loan. In addition, you should figure out the pyrolysis equipment you will need (which is largely based on what you plan to do with the tires when you receive them), price these, and purchase what you need for your start-up.
3. Secure Your Permit
To run a tire recycling business, it is a vital step to apply for and secure a permit that allows you to operate in your area. Make absolutely sure that you are complying with local, state, and federal rules regarding business of this kind. You may find that, where you live, there are special permits as well as licensing to get started, or that you have to operate your recycling business for old tires within a designated area for such.
4. Find a Suitable Location
If the laws of your area state you need to operate within a special zone, look for property here. Search for enough space to hold your tires, as well as an area for all of your equipment and an office where you may greet customers. The space cost will be a main part of your cost of tyre recycling plant.
5. Hire Workers for Your Business
While you may get away with not hiring too many employees off the bat, as your operation expands you may find yourself needing more help. The more tires you get, the more assistance you will need!
6. Secure Your Tire Sources
In order to operate your tire recycling business successfully, you will need used tires. Therefore, call waste management companies and inquire as to the best sources for used tires. Once you have a list, speak with these potential sources and work out a deal on their tire waste. One good potential source would be any location where cars are crushed.
Starting a business that recycles tires is an excellent way to get your foot in the door as an entrepreneur, and you can do a lot of good for the environment. These steps will help you with a solid plan for getting started.