According to recent studies, though, that may not be the case…. waste from autopsies and infected animals from laboratories), or waste from patients with infections (e.g. Another weakness is that we may not have the required cash to pump into promoting our business the way we would want to. This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. Find all the resources to help manage your account on our Customer Portal or contact our dedicated customer advocate team directly at 866-924-9339. Typically, medical waste is sterilized and then disposed in a sanitary landfill. The Waste Collection Services industry that medical waste management and recycling business is a part of will continue to experience growth in all parts of the world especially in developed countries. Some environmental experts stated that the world market for waste, from collection to recycling is worth around 300 billion Euros (US $410 billion). List our business on yellow pages ads (local directories), Attend relevant international and local expos, seminars, and business fairs et al, Create different packages for different category of clients in order to work with their budgets and still deliver recycled medical materials, Leverage on the internet to promote our business, Join local chambers of commerce and industries with the aim of marketing our products, Encourage word of mouth marketing from loyal and satisfied clients, Place adverts on both print and electronic media platforms, Sponsor relevant community based events/programs, Leverage on the internet and social media platforms like Instagram, Facebook, twitter, YouTube, Google + et al to promote our products, Install our billboards in strategic industrial locations all around Dover – Delaware, Engage in roadshows from time to time in targeted industrial estates, Distribute our fliers and handbills in target areas, Contact manufacturing/production companies and inform them of Blue Cross® Medical Waste Recycling, LLC and the recycle materials we sell, List our company in local directories/yellow pages, Advertise our business in our official website and employ strategies that will help us pull traffic to the site. As a medical waste management and recycling company, we are ready to take advantage of any opportunity that is available in the industry. Medical waste generated by COVID-19 cases includes a vast array of materials including bandages, infectious swabs, cotton wool buds, masks, gloves, linen, scalpels, needles, blades and even blood. In a breakthrough discovery Pfiedler found out that almost 23% of surgical waste could be recycled. Doing so contaminates the other recyclable items and materials and potentially exposes recycling … Some state medical waste rules are fashioned after the MWTA, while others bear little to no resemblance to this historical law. We know that one of the ways of gaining approval and winning customers over is to sell our recycled materials a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. can’t just be handled with levity because of the potential danger that it can cause both humans and the environment. Just like any other business, if you are able to conduct your cost analysis, market research and feasibility studies before launching your medical waste management and recycling company, you are more likely not going to struggle to grow the business because there are loads of people and hospitals and medical related businesses out there who are looking for medical waste management and recycling companies to help them handle their wastes as required by the law of the United States of America. Doing this allows the facility that disposes of the collected medical waste to quickly sort through and recycle the plastic waste. 2.1 Description of medical waste The term “medical waste” covers all wastes produced in health-care or diagnostic activities. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions; Recycling Plant Engineers (2) and Technicians/Machine Operators (8). Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; benchmarking state-of-the-art practices; participating in professional societies. Our sales and marketing team will be recruited based on their vast experience in the medical waste management and recycling industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall business goal of Blue Cross® Medical Waste Recycling, LLC. We have been able to critically examine the medical waste management and recycling market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Handles any other duties as assigned by the line manager. It still poses health risks to the environment. EU waste policy aims to protect the environment and human health and help the EU’s transition to a circular economy. Blue Cross® Medical Waste Recycling, LLC is a medical waste management and recycling company that intends starting small in Dover – Delaware, serving smaller industries (cottage companies) within our location, but hope to grow big in order to compete favorably with leading medical waste management and recycling plants in the industry both in the United States and on a global stage. How to dispose of needles Needles and associated items (syringes, lancets and other sharps) are another type of common household medical waste. The STQ-50 shredder is designed to process bulk materials including wood, plastics, textiles, electronic equipment, medical waste, organic waste, manufactured products and various other materials, reducing them to a uniform particle size in a single pass. Below is a list of the people and organizations that we will specifically market our products and services to; The medical waste management and recycling industry is an emerging market that is yet to be fully embraced globally, therefore there is little or no competition in the industry at the moment. English. Accomplishes subsidiary objectives by establishing plans, budgets, and results measurements; allocating resources; reviewing progress; making mid-course corrections. We are mindful of the fact that there are growing competitions in the medical waste and recycling industry especially in the United States; hence we have been able to hire some of the best marketing experts to handle our sales and marketing. Separator. Across the world organizations such as the EPA, the WHO, and some private research companies have been working hard at finding out more efficient ways to recycle medical waste. Introduce our medical waste management and recycling company by sending introductory letters alongside our brochure to manufacturing/production companies and other key stake holders in the manufacturing industry. Powered by Create your own unique website with customizable templates. The storage area should be well ventilated and be inaccessible to pests. As for the detailed cost analysis for starting a standard medical waste management and recycling plant; it might differ in other countries due to the value of their money. Aside from unfavorable government policies, one of the major threats that we are likely going to face is economic downturn. Our bank account numbers will be made available on our website and promotional materials. The EPA has been pushing for a more indirect way of reducing medical waste pollution. This is why we are committed to only hire the best hands within our area of operation. Going forward, the demand for waste collection services will continue to be driven by population growth, privatization and business creation. WHO’s intention is to train the medical and administration staff of hospitals and other health care institutions. Sustainability and Expansion Strategy, recycling plant we want to build will cost, How Do I Change the Name of My LLC? Share on twitter. Below is a sample medical waste management and recycling company business plant template that can help you successfully write your own business plan with little or no stress. Medical Waste Companies (Waste and Recycling) in India In India Serving India Near India. Without a shadow of doubt, there are loads of big time investors that have stakes in the recycling industry; but one thing is certain, there is room big enough to accommodate all players. 14. Advertise our business in relevant business magazines, newspapers, TV and radio station. Operating facilities for separating and sorting used and condemned medical waste for recycling. Never place any medical waste, especially sharp items, into any kind of recycling container. (Smart Ways They Profit), How to Start Your Own Alcohol Brand (Vodka or Spirit). Over the last 15 years we've developed a reputation for providing that outstanding service to our customers. Over and above, starting and operating a medical waste management and recycling company can be challenging, but the truth is that it can be rewarding at the same time. Generating Startup Capital for Blue Cross® Medical Waste Recycling, LLC. Waste; Recycling and Local Assistance Branch; Medical Waste Background: Overview of Medical Waste in Kentucky . We will make sure that we take all the members of our workforce through the required training that will position them to meet the expectation of the company and to compete favorably with leading medical waste management and recycling plants in the United States and throughout the globe. Transfer stations where waste is transferred from local vehicles to long-distance automobiles for transport to disposal facilities are also included in the waste management industry. About 85 percent of hospital waste is noninfectious, according to the World Health Organization, and a bulk of that is recyclable, yet most of these materials are either landfilled or … If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive. Spectrum Health, a Michigan based not-for-profit hospital, found out that the blue wrap could have the lead removed and then be melted down and reused in the manufacturing of soda bottles and various other plastic items. Masks, gloves, hand sanitizer bottles, and other coronavirus waste are already washing up on beaches and being found on seabeds. The medical waste management and recycling business falls under the waste collection services industry and companies that operate in this industry basically collect hazardous and nonhazardous waste and recyclable materials. If you are a keen follower of the trends in the waste management services and recycling industry and of course any other recycling business, you will realize that players in this industry ensure that they position their recycling plants close to clients to reduce transportation costs and turnover time. Richard McCain, a recycling engineer par excellence who graduated from Illinois Institute of Technology with a degree in Mechanical Engineering and his friend and business partner for many years Joseph Chaps (B.Sc. Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. When medical waste is picked up, it is ran through a sterilization process and then put into a sanitary landfill. as well as with company policies and procedures, Collects and verifies delivery instructions, Welcomes clients and potential clients by greeting them in person or on the telephone; answering or directing inquiries, Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level, Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services, Manages administrative duties assigned by the human resources and admin manager in an effective and timely manner, Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. This type TerraCycle is utilising an EPA-approved sterilisation technology to enable the recycling of used sharps collected at hospitals across America. Medical wastes requiring storage should be kept in labeled, leak-proof, puncture-resistant containers under conditions that minimize or prevent foul odors. Although the EPA provides some oversight of medical waste storage and disposal, the majority of medical waste is regulated on a state or local level. This is so because it will help save cost and energy and the earth that we live in will be the better for it. It addresses various aspects of safe disposal of medical waste, including recycling and waste reduction, regulatory framework, storage and transportation, and treatment options. One obvious trend in the waste collection services and recycling industry and of course in other recycling related industry is that players in this industry leverage on saving the earth and balancing the ecosystem to promote their business. Medical Waste Recycling Recycle Regulated Medical Waste into Plastic Lumber. By using materials that are already available and processed, recycling improves sustainability, safety and saves hospital resources and money. Blue Cross® Medical Waste Recycling, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Learn More → Medical waste disposal companies remove and dispose of medical waste such as needles, chemicals and contaminated supplies, which keep hospitals, dental offices, laboratories, clinics, the environment and the general public free of harmful medical waste. Nonhazardous waste includes municipal solid waste (household waste), industrial and commercial waste. from discarded diagnostic samples),cultures and stocks of infectious agents from laboratory work (e.g. Creates, and implements the organization’s vision, mission, and overall direction – i.e. One major way we are increasing the amount of medical waste that is recycled is simply by putting plastic and non-plastic medical waste in separate containers. We want to compete favorably with the leading medical waste recycling plants in the United States which is why we have but in place competent quality assurance teams that will ensure that every recycled medical waste material or product that leaves our recycling plant meet with best practices in the industry. Our products and services are listed below; Blue Cross® Medical Waste Recycling, LLC is a medical waste management and recycling company that intends starting small in Dover – Delaware, serving smaller industries (cottage companies) within our location, but hope to grow big in order to compete favorably with leading medical waste management and recycling plants in the industry both in the United States and on a global stage. Our company’s corporate culture is designed to drive our business to greater heights and training and re-training of our workforce is at the top burner. Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs. Many medical items will have manufacturer supplied information on them which will offer advice on how best to dispose of the material after use. Incineration of heavy metals or materials with high metal content (in particular lead, mercury and cadmium) can lead to the spread of toxic metals in the environment.”. N.B: We have been able to generate about $100,000 (Personal savings $70,000 and soft loan from family members $30,000) and we are at the final stages of obtaining a loan facility of $250,000 from our bank. Oversee the smooth running of the daily office activities. However, unlike state hazardous waste regulations, which are all based on the federal Resource Conservation and Recovery Act (RCRA) standards, state medical waste standards vary significantly. Blue Cross® Medical Waste Recycling, LLC is a private registered business that will be owned by Engr. They are the sole financial of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources. Payment via Point of Sales Machines (POS Machines), Business incorporating fees in the United States of America will cost –, The budget for Liability insurance, permits and license will cost –, Acquiring facility that will accommodate the design of medical waste, The amount required to purchase the needed medical waste recycling equipment and machines –, Equipping the office (computers, printers, projectors, markers, servers/internet facility, furniture, telephones, filing cabinets, and electronics) will cost –, Amount required to purchase the needed software applications to run our business –, Launching an official Website will cost –, Amount need to pay bills and staff members for at least 2 to 3 months –, Amount needed to acquire pick – up trucks –, Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost –, Generate part of the startup capital from personal savings and sale of their stocks, Generate part of the startup capital from friends and other extended family members, Generate a larger chunk of the startup capital from the bank (loan facility). Densely populated areas that are particularly economically active tend to generate large quantities of waste, necessitating the presence of greater numbers of industry establishments. The report further stated that other factors that contribute to the relative concentration of industry establishments in a geographic location include the structure of the local economy and the commitment to and level of recycling. Did you know…Waste and Recycling Collection is in the Top 9 Most Dangerous Jobs in the United States!? Copyright © 2021 Profitable Venture Magazine Ltd | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Handles any other job functions as it relates to recycling materials. How to Start a Tire Recycling Business. Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products. Wildlife can still access this medical waste and water can still leak into the ground, so it still poses as an environmental issue. Statistics has it that in the united states of America alone, there are about 7,676 licensed and registered waste management companies scattered all across the length and breadth of the country and they are responsible for employing about 206,928 employees. One of our major goals of starting Blue Cross® Medical Waste Recycling, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. Thankfully, most of the plastic waste was easily recycled by sterilizing it, melting it down and then reusing it. One major way we are increasing the amount of medical waste that is recycled is simply by putting plastic and non-plastic medical waste in separate containers. Blue Cross® Medical Waste Recycling, LLC is a U.S based licensed waste management company with strong bias for recycling medical waste. Medical Waste Pros partners with countless local pill bottle recycling centers who can help you to dispose of your prescription pill bottles on an environmentally-friendly note.
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