Start electronic scrap recycling and get rich soon. This is one of the world’s best businesses these days because it is a metal business. You get gold, silver, palladium, platinum, copper, lead, tin, aluminium, and so many rare metals from this.
The first and foremost thing to do before starting a business is to look for sources of raw materials at a very good price. The best thing about this business is that e-waste generation is increasing by the day.
The second important factor is to decide the size of the plant according to your budget. The third is the area of the land. The fourth and most important aspect is the machinery selection. The best electronic scrap recycling machines are either from Germany or Italy. China also makes electronic waste recycling plants, but they are not as durable as those in Germany and Italy. Some Turkish companies also sell these plants. They, too, are not as satisfactory as their manufacturers claim them to be. So, do thorough research before buying the electronic waste recycling machines.
After this come the skilled chemists and engineers. Most of the plants fail just because their consultants, chemists, engineers, and the management team as a whole lack expertise in the field.
Another important aspect to keep in mind is that you shouldn’t start the facility right away. I mean to say, gain some experience first. You can either work in a recycling facility to fully understand the nature of the business or start it on a small scale. This strategy has the benefit of allowing you to understand all of the business's ups and downs. You can even start as a dismantler. Even if you experience some loss, it will be significantly less than what you might experience if you were to start the plant without any experience.
The secret I am going to reveal to you now is that inexperienced people are not able to decide what material to process and what not. Whereas experienced people only recycle the stuff that makes more profit. I receive so many calls from people in the process of setting up the e-waste recycling facility almost every week, telling me their consultant has advised them to recycle computer motherboards only. And I pray to God for their mental equilibrium in the time to come.
So, it is undoubtedly a good business, but you need to take into account so many aspects before starting an e-waste facility. This topic is very big, so I will keep providing you with very useful information on it in parts.
I hope you like the tips that I have given. It is the result of my thirty years of experience in this field.
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I wish you all the success in your endeavours and thank you for your time!
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