If you’ve landed on this article page, you’re probably searching for a
good business idea—an idea that’s light on the pocket but heavy on
returns, promising both a fulfilling journey and potential profit.
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How
To Start lucrative Paper Recycling Business in Nigeria
A paper recycling business describes the steps and process
involved in collecting, sorting and processing used papers into
raw materials used for production of new paper items. Recycling
paper is not only a way of curbing imports for countries that
import paper but also as a way of avoiding deforestation and for
saving the earth from the environmental hazards that would
result from excessive deforestation.
Returns are our very favorite, aren’t they?! Every true
businessman is concerned about the returns. In a paper recycling
business, you can expect your first big return after 4-5 months
of consistent working of your business plan. Paper Industry is a
wide network. The more you connect with people, the more you can
have a wide area to cover for your business. After starting and
setting up with your business, your return will be estimated
after 1 year.
1). Paper Waste Collection:
One of the most basic opportunities associated with paper
recycling is the role of scouting for papers around town.
Collection of papers is not as demanding as collecting other
types of waste materials such as scrap iron and plastic but it
takes quite some efforts. The main targets are offices, print
media houses, schools, computer centres, etc.
2). Paper Waste Processing:
One other vital service required in paper recycling is the
actual processing of the papers. Loading the papers into pulpers
and further processing at the processing plant are all
employment opportunities that keep quite a handful of
individuals employed in the paper recycling industry.
3). Export Services:
For waste paper collectors who would rather stick to waste paper
collection and have their waste papers exported to other
countries for better exchange value, export services become
essential. They require the services of trusted export firms to
convey the waste papers to recycling companies outside the
countries at the most favourable rates.
4). Repair And Maintenance Services:
At the point of sorting and processing the waste paper, certain
mechanical devices such as pulpers, real splitters, paper
refiner, etc. come in handy. It is necessary to repair and
service such equipment in order to get the best of them.
Employ Labour: For a start, you could employ two or three
members of staff to undertake the basic roles of collecting,
sorting and transporting. However, if you intend to start on
large-scale basis, you have to employ more hands.
Establish Web Presence:
It is advisable for modern businesses to establish their
presence on the internet, especially on related websites and
social media platforms through sponsored ads. You should also
have your business website and digital platforms.
Sort: It is important to sort papers into different categories
based on their type. For instance, flyers, posters, magazines,
soap or drug paper packaging are categorized as print paper,
while A4 papers, notebooks, textbooks, tickets, and POS receipts
are categorized as white paper. Bank tellers, on the other hand,
are considered coloured paper. Understanding the difference
between these papers and sorting them accordingly is crucial as
they hold different values.
Contact Recycling Companies: Contact local recycling
organizations or waste management companies that specialize in
paper recycling. Inquire about available services, drop-off
locations, and pick-up schedules.
Educate Others: Raise awareness about paper recycling in your
community. Encourage family members, friends, colleagues, and
neighbors to participate in the recycling effort. The more
people involved, the greater the impact on the environment and
greater the rewards.
It has been estimated that recycling one tonne of waste paper
results in a saving of 70% raw material, 60% coal, 43% energy
and 70 % water, as compared to making virgin paper from wood.
Finally, the recycling process also offers an opportunity for
generation of additional income and employment.
Yes, there is a thriving market for recycling paper in Nigeria.
The demand for recycled paper is rising due to its environmental
benefits and cost-effectiveness. Many industries, such as
packaging, printing, and manufacturing, rely on recycled paper
as a raw material to produce various products. By recycling
paper, Nigerians can tap into this market and generate income.
Get our training guide on how to set up a lucrative Paper
Recycling Business. This information will show you how to start
and run a successful Paper Recycling Business in Nigeria. We
covered everything from choosing the right suppliers to finding
and assessing the right market. The body of this work is formed
from consulting experienced and relevant people running a Paper
Recycling Business, to get first-hand information about the
success secrets and marketing strategies deployed to achieve
business success
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