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Steps To Start a Tire Shredding Business

Times:2018-01-31   Author:zhengyangtire

For waste management authorities and landfills, worn out tires are among one of the most problematic and largest sources of waste. But tire recycling offers a number of profitable business opportunities as rubber can be reused in different ways.
Major Steps in Starting the Business​

1. Find Sources and Markets for Your Output​

As a first step in exploring the opportunity to start a tire shredding business, you first need to identify local opportunities to source old tires, and for customers to purchase your processed scrap. It pays to “follow the old tires” in order to understand what happens to them. Are they being regularly picked up? Where do they go? Check out the ongoing scrap tire businesses in your area. If you see tire accumulations, are there unfulfilled needs for old tire removal, or customers interested in purchasing the processed material?​

2. Identify Potential Site Locations​

The optimal site location depends on several variables. Some of them are predicated on minimizing freight costs related to bringing in scrap tires and shipping out processed material. And while tire source and markets are of critical importance, it goes without saying that other business location factors must be considered such as zoning and permits, environmental considerations, adequate space for storage, unloading and loading, as well as road access.​

3. Prepare a Complete Business Plan​

Not preparing a complete business plan can create problems after starting your business. So, try finding similar businesses, or talking to entrepreneurs or tire recycling equipment vendors, know what it takes to start a shredding business and prepare a complete business plan. You may be able to find tire recycling business plans online for free, or available for purchase. Another prudent step might be to first seek work in the tire recycling industry to gain a better understanding, if your timeline permits, or perhaps creating at first a smaller, related business such as an old tire hauling service.​

4. Start Shopping For Tire Shredding Solutions​

Once you have a complete business plan, including a financial strategy, you are ready to set up shop in terms of renting a property, if necessary, as well as acquiring the machinery necessary for a tire recycling business. As you already inquired for prices need equipment at the time of preparing your business plan, you have some confidence as you go about the business of acquiring machinery.​

5. Setup Business and Hire Employees​

When you have bought and installed your equipment, you can start operation of your business. Hire an adequate number of employees to collect, transport, clean and shred old, worn out tires and for conversion into a saleable material.​

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