Battery Recycling Business Opportunity

Batteries are one of the most useful inventions known to man. They store electrical current used to power various devices.

They are common in transistor radios, cars, engines, clocks and torchlight’s. The components that make up the device are non biodegradable and harmful to our environment.
They emit poisons substances killing fauna and organic life. The good news is that they are abundant and recyclable.
A smart investor could cash in on this niche industry and earn steady income. To start the enterprise you need a battery recycling business plan, registration and customers.
Other requirements are collection points and an effective marketing strategy.
batteries
How Battery Recycling Works
Battery recycling involves crushing them and reusing the components. There are many company’s willing to pay good money for used batteries.
Therefore you have two viable business formats selling the used batteries and recycling them yourself. Collecting and selling the battery is infinitely less expensive than operating a recycling plant.
You only need money to purchase them and transport to location.
Determine the Batteries to Recycle
There are different types of batteries so you need to determine which ones you need. Recycling plants prefer certain types so specialize or generalize.
Make sure you have adequate storage space and heavy duty vehicle to transport the merchandise.15 profitable recycle businesses
Different Types of Batteries
Batteries fall under non-rechargeable and rechargeable. You have the chromic acid cell, Bunsen cell, Atomic battery, Alkaline, dry cell, lithium and magnesium batteries. Others are Gel battery, zinc-bromine, nickel, sodium-sulfur and zinc ion battery to mention a few.
  •  Gel battery
  • zinc-bromine
  • nickel
  • sodium-sulfur
  • zinc ion
  • Bunsen cell
  • Atomic battery
  • Alkaline
  • dry cell
  • lithium
  • magnesium
 Battery Recycling Business Opportunity
Write a battery recycling business plan and carry out a feasibility study. The plan should cover procurement, location, funding, expansion and future goals.
Carry out a survey and locate your customers. Find out what other recycling plants in your locality are doing and provide better service.
Register the Business
Incorporate the business as a proprietorship enterprise, partnership or limited liability company. Fill a tax identification number form and get insurance cover. Find out safety and waste management procedures and guidelines.
Identify your Target Market
It is important identifying your target market before gathering the batteries. Identify companies that require huge quantities of batteries. Sell your scrap battery to company interested in used batteries.
Collection Point
The main sources of your raw materials are small scale vendors. Sources include mechanic workshops, private individuals and companies. You could locate small collection points around town or have a centralized dump site.
Network with Recycling Plants
Register with big recycling plants in your area. The price of batteries fluctuate, however you will get good value for them. The price of the batteries is calculated on the weight of the components.
Marketing
You need to device an effective marketing strategy. Although the demand is high sourcing the product is moderately challenging.
Once you have established a good network all you need to do is collect the batteries and supply to recycling plant. If you choose to use print medium make sure you stay within a small budget.


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