Each year, about 2.25 million tons of obsolete televisions, mobile phones and computers are disposed of, commonly as electronic waste that is ready for disposal according to a study by the U.S. Environmental Protection Agency.

Of this estimate, only 18 percent of these common electronic devices were recycled. The rest ended up in landfills. This is where an electronics recycling company comes to the rescue. An electronics recycling centre facilitates the reuse of usable electronic components, the separation and processing of recyclable metals, and the proper disposal of toxic or non-recyclable parts.

Here are some ideas for opening up the e-waste recycling business step by step.

Doing the right research

Be informed about state and federal laws on electronic recycling. To do this, you need to consider if there are other companies in your destination area that are already involved in this business. If so, determine what can be done that these established companies do not do.

Locate sources of e-waste in your local area. Consider the process that each electronic device will have after it is discarded. Know where to go for any leftover material and how and where you can legally dispose of toxic waste such as heavy metals.

Also Read: How to start a tyre recycling business

Create a business plan

Learn more about the part of electronics recycling that works for you. You can choose to transport large quantities of electronics to a recycling plant, or you can store and process recyclable electronics yourself.

Another aspect of electronics recycling is melting the metal of the components. Whatever you choose, plan for it with the appropriate facilities and equipment. Decide how you will finance your business.

Obtain any permits or licenses

Be prepared for possible inspections. Your local natural resources department can conduct inspections, whether required by law or not, if you suspect a problem. Records should be kept on the percentage of e-waste collected that is actually recycled.

Costs required to open an e-waste recycling business

A large and suitable room is needed in which discarded equipment can be deposited and dismembered for sorting. In addition, a transport vehicle is required for the collection of the equipment and for the delivery of parts and salvaged parts. It is also necessary to incorporate advertising and marketing costs as well as the permits required by the state or region.

Problems

Running your business ethically and legally. Unfortunately, some electronic recycling companies undermine the nature and environment of recycling businesses by sending toxic materials overseas. Some even show blatant disregard for environmental protection laws and use intermediaries to conduct illegal transactions. Be very careful and investigate who you are doing business with.

Recommendation for success in your recycling business

Get the best data management software on the market and assure customers who turn in their equipment for disposal that their files and personal information will be completely deleted.

Investigate all forms of computer wipe to remove files containing account numbers, passwords and confidential files. Also, design a data security certification that acts as a receipt for data deletion services.

How to start an e-waste recycling business plan