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Recycling Waste Material: A Unique Business Idea

   

Added on  2023-06-12

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Introduction
Business innovations have become an integral part of today's generation and need for this is
rising, therefore for good business, we need a good business idea, and this has inspired many
of the entrepreneurs and fuelled up them for next-generation business to become a billionaire
(Zheng, 2011). Other than the idea you also need some free space, generate valuable, gather
funding, target emerging market, create new rules and system, key process and resource.
If we look over different running business presently, there are much new innovation and new
ideas all over but here I bring you another very unique and different idea so far, according to
me if I have to suggest you then my option would be
Recycling Waste Material
Under this project collecting all waste, recycle materials from municipality waste plant and
move on by re-using them with having a proper recycle plant and making materials good and
attractive for consumers in this present market, this can solve both consumers and
municipalities problem as it will keep surrounding clean, it will give more employment to
rural area as these dumping waste are made outside the city area (Müller, 2012). These
materials are necessary to be recycled therefore it will meet two critical
needs
1. Municipalities will get attainable and cost operative alternative towards dumping the
waste.
2. It will fulfil the increasing demand for fertilizers and soil enhancers (Zheng, 2011).
This compost will be targeted for nurseries, farmers, golf course, government agencies,
fertilizers manufacturers and others, all these benefit customers, will reuse these materials.
Recycling Waste Material: A Unique Business Idea_1

Also an addition to this we will offer services to all the recycling plants owned by
municipalities because these plants are facing problems these days because of recent
legislation which is not accepting house waste. Therefore, this recycling will solve these
problems by accepting the disposal at nominal charges and then recycling them (Zheng,
2011). On the other hand, this helps to attain strong cash and increase profitability also we
have a lesser risk of competition. This has been tested on a small scale level and the results
have come out to be high-quality growth (Eftekhari & Bogers, 2015).
Objectives
Flush sale for first on-going year operation and then growing each year as more
profitable years.
Establish more recycling facilities in other places of the country.
Open more other facilities related to this with new ideas.
Continue to market by contacting a business from outer municipalities and sale using
customers (Eftekhari & Bogers, 2015).
Increasing awareness among people about this idea and get more employees to this
plant.
Mission
The mission of this business can be divided into three parts, first to ensure the financial
backup of business, secondly to provide an economical alternative for disposal of human
waste to municipalities (Hempell & Zwick, 2008). Thirdly to provide a good quality recycled
product to the customer and making them aware of the fertilizers they are getting with this
Recycling Waste Material: A Unique Business Idea_2

which has good organic materials, therefore we hope to build positive feeling about using
recycled material among people (Hempell & Zwick, 2008).
Business Model
Human waste sludge is always on the top among the problems for municipalities which looks
after waste plant, In metropolitan areas to handle this large amount of human sludge is
difficult and normally it fills landfills of municipalities, recycling and composting of solid
waste has increased from last few years. This business has given an opportunity to recycle
landfill and save landfill land, also we can work on making a team to collect all plastic
materials from surroundings like cans, bottles, paper and others (Harada, 2017). These things
should be collected and bring to operational site then these materials are sorted by the team
and priced according to kilograms so as per priced list we will then sell it to end users, this
brings overall benefit to the team and they will have less pollution, land space for
development, awareness of the environment changes (Costa-Font, Courbage & Mina, 2009).
SUCCESS FACTORS DEPENDS ON
Success factor of business can be used in four different ways – as a very important ingredient
Used in managing their business, unique and important characteristics of company, as a tool
for decision makers to sharpen their ideas, description of resources required to become
Successful. Therefore, following these steps and applying on our business idea
Overcome insight issues that occur by using compound made by human waste.
Establish relationships and build trust with customers for future competition.
Expand to be speedy to conquer the market.
Offer good and affordable prices.
Get investment and funding (Senthil Kumar & Baskar, 2014).
Recycling Waste Material: A Unique Business Idea_3

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