You could be losing money by ignoring your waste management plan. Recycling for businesses is a rarely utilised method of reducing waste and saving money.

So let's take a look at how recycling can be used to save your business money.

Disposal Costs are Reduced

Diverting any amount of waste from your rubbish bin is a quick and easy way to decrease your waste removal costs.

It is important to keep in mind that waste disposal fees are completely reliant on how often your business requires pick-ups and the amount of waste generated. You'll almost certainly lower your company's overall quantity of rubbish sent to the landfill by establishing a commercial recycling program. As a result, waste collection frequency decreases, lowering hauling costs for both you and your haulers.

You might be shocked at how much of the rubbish taking up valuable room in your waste bin is actually recyclable. Companies, like ourselves here at Materials Recovery, can provide a free waste audit to see how much of your waste can be recycled.

Increasing Product Life Cycles

Businesses can save money on regularly-purchased items by prioritising recycling and waste reduction, for example, buying reusable goods like glassware might help your office cut back on its frequent purchase of single-use plastic cups.

Aside from switching to reusable goods instead of single-use, businesses can also fully replace any new purchases with reused materials. Consider repurposing cardboard boxes for your next shipment or using them for office storage, as an example. Alternatively, save your shredded paper and use it as shipping padding.

The bottom line is, by focusing on commercial recycling, you'll save money on supplies and you'll need to buy new items less frequently.

Sell Valuable Recyclables

Some recycling programs, on the other hand, not only reduce waste management expenditures but might even make businesses money. A lot of the waste that your business generates may be sold to recycling plants as a source of extra income.

You should inspect the type of waste your company generates now so that you can start to spot any potential valuable materials.

There are a few different materials that can be sold to recyclers including:

• Paper waste (scrap paper and cardboard)
• Metals (aluminium, copper, steel can all be recycled for a profit)
• Electronics (electronic devices, either whole or disassembled, can be sold to recyclers)

Remain Compliant and Avoid Fines

Recycling for businesses also shields you from the shifting requirements of business waste management.

Waste disposal regulations are generally handled on a local level and have an immediate impact on businesses in the region. Your company may be at risk of breaking waste rules in various areas, including:

• Mandatory recycling laws
• Regulations for electronic waste
• The disposal of hazardous waste

By focusing on the correct sorting and recycling of all materials, you eliminate any potential regulatory concerns or errors.

Optimising your company's waste streams right now can also provide you with a solid basis to weather any potential future regulations.

Many businesses see waste management as a cost that must be accepted. However, every company can take measures to improve its waste streams, boost recycling rates, and decrease expenses by simply making small changes.

At Materials Recovery, we can help you along every step of the way. Our fully comprehensive recycling services will alleviate you of the need to manage your own waste management, so don't hesitate, and get in touch today.