A tire recycling service business plan should first describe the sort of tires you will accept from consumers and businesses (cars, trucks, bicycles, etc.) then delve into the sort of users you expect to serve. In a plan like this, it is important that you show both who you will be taking the tires from and the end users who will ultimately serve as off-takers of the recycled product. If you grind the tires into a material that can be used to re-make tires, create running tracks, or form the basis of running shoes, describe your end-use market targets and explain how many businesses you're talking about within the target region for distribution. On the front end, identify your most likely users and explain the volume you expect to process as a tire recycling service in your market. From there, cover:
• The competition to this business model from other providers
• The risks you might face from outside sources (not direct competitors)
• The costs that your business will incur at start-up
• The marketing plan for your company (even if tentative)
• The personnel plan you have in mind
The personnel plan for a tire recycling service is just part of the financial model, but it is an important component. You should know how many full-time versus part-time employees you're likely to need over the years, in addition to the number of 1099 contracts you will use (who are not accounted for in the personnel forecast) as opposed to salaried professionals. And what raise amounts do you envision? When will new staff people come on board? The financial model for a tire recycling company also needs to show the planned use of funds, the revenue forecast, your likely break-even point, the cash flow and profit and loss you envision, and a balance sheet for each of at least three years. MasterPlans has worked with a wide range of recycling companies and we can help you with this business plan, arriving at a draft in as little as 10 days. Call our team today at 877-453-2011.
