Tire or Tyre – Top 1 High Profit Business Idea

Tire or Tyre

Recycling Business is a Friend of Environment

Tire or Tyre

 

Friend ???

Yes, Recycling Business of anything is Friend of Environment and called Ecofriendly Business in the world.

Non-Biodegradable product is harmful to earth.

Government of different countries Ban different categories of Non-Biodegradable Goods which cannot easily Recycles and harm to earth.

Recycling of Goods is contribution towards earth and healthy environment.

 

Today I am here to discuss about a business which is Most Profitable and Eco-friendly Business and Jobs in USA.

 

Jobs in USA

Maintenance Technician (Oil, Lube, Tire Technician)

Visit Company >>      Enterprise Holdings                             Apply Now

Location                  Chicago, IL

Salary      >>            $20 an hour

 

Tire Technician

Visit Company >>     Plaza Tire Service                                 Apply Now

Location                  De Soto, MO 63020

Salary      >>           Up to $52,000 a year

 

Tire & Lube Technician – Detroit Lakes Store

Visit Company >>   L&M Fleet Supply                                    Apply Now

Location                Detroit Lakes, MN 56501

Salary      >>          From $15 an hour

 

Lube/Oil/Tire Technician

Visit Company >>  Navy Exchange Service Command           Apply Now

Location                Silverdale, WA 98315

Salary      >>          $18.00 – $18.75 an hour

 

Tire Technician

Visit Company >>  Big Apple Tire, Inc.                                      Apply Now

Location:                Austin, TX 78758

Salary      >>          From $21 an hour

 

 

Tire or Tyre Recycling Business

Tire or Tyre Recycling Business is Most Profitable Business because we can easily purchase Old Tire or Tyre with Scrapers and manufacture different product by Recycling such tires. 

Some tires have a Minor Defect which can easily resale in a market after a minor process, But this is a small scale of Business.

 

Another Business idea with Recycled tire have a large scale and large profitable business.

By using Machinery available in a market we can Easily convert old tires into:-

    1.  Fuel Oil

     2.  Carbon Black

     3.  Steel Wire

    Etc.

 

Any old tire or tyre can convert into three items which is most demand in many industries as Raw material.

 

In this Blog we are less focusing on Resale of Old Tires.

We are discuss in detail on business idea which converts old tires into other goods.

 

Business Insider

Tire Business can be very small scale business with Low investment or very large Scale business with Large Capital.

If any person want to start tire business can took a loan from any Financial Institutions for purchasing Machine and equipment. Some manufacture of machinery providing machines on installment, Hire Purchase or on Hypothecation.

This is another thing that How can we arrange capital but to start business of converting tires into Fuel Oil, Carbon Black or into Steel Wire, Machinery is compulsorily required. But it opens a large business opportunity and grows faster than other business.

 

Points are covered under this article are as follows:-

      1.  Initial Investment

      2.  Machinery Required

      3.  Raw Material

      4.  Business opportunities

      5.  Source of Fund

      6.  Source of Machinery

      7.  Source of Raw Material

      8.  Market Available

      9.  Whole procedure

     10.  Profit Margins

     11.  Business Management

     12.  Space Required

     13.  Man Power

     14. Any License and Registration

 

Initial Investment

Initial Investment to start Resale of Repaired tires is very Low and can be managed as your will. Either you can start this business with one or two old tire or tyre in your local market.

Large scale Business can be start with large capital required in purchasing machinery. Machinery of this business may have different price in different countries But Some Links are provides in this Article from where you easily check the price of every machinery.

Machinery Required

Machine can be with different names, Some are as below:-

1.  Double Shaft Tire Shredder Machine

2.  Steel Wires Separate Machine

3.  Magnetic Separator

4.  High-speed Crusher

5.  Vibrating Screening Machine

6.  Dust Collection of Tire Recycling Machine Line

7.  Automatic Weighing Balers

 

Raw Material

Mainly OLD tire or tyre are required as Raw Material in whole process.

 

Business Opportunities

We can sale our Product as Raw Material to different Big Manufacturing Plants like:-

     1.  Construction Companies

     2.  Fuel Making Companies

     3.  Cement Plants

     4.  Energy Plants

     5.  Road Surface

    Etc.

 

Source of Fund

There are Lot of Financial Institutions are available in your country who provides Finance to your Business Industries.

Government also promotes Small and Medium scale industries now a days, by which any small and medium industry can easily get Loans from Banks etc.

Lot of companies providing there machinery on installment and Hire Purchase system or on Lease also.

When Business Run you can easily makes repayment of Loans.

 

Source of Machinery

Lot of companies are manufacturing tire or tyre machinery to whom you can also order that machinery online.

Without Visit to that company or manufacturer you can easily get all details online, if you satisfied than you easily order that machinery online or offline.

 

Source of Raw Material

1.  Car Crushers

2.  Transport Agencies

3.  Travel Agencies

4.  Garages

5.  Car Service Centre

6.  Local Scrapers

Etc.

 

Market Available

      1.  Construction Companies

      2.  Fuel Making Companies

      3.  Cement Plants

      4.  Energy Plants

      5.  Road Surface

      6.  Wire Companies 

      7.  Other Companies

 

Profit Margin

Recycling Business always have a major difference between Cost and Price.

But this business required all tools of business management i.e; Man, Material, Money.

That’s why Profit Margin may some less than expectation but it always better and Less Chances or Losses. It’s all about your efficiency and effectiveness.

 

Business Management

Business of recycling tire or tyre is a large scale business.

It includes Collection of Old tire or tyre, Convert it into other goods or raw material, and after whole process resale it to other companies, and also careful about safety precautions of workers.

This whole process is required more efficient and effective management to manage whole process.

Any carelessness about work and safety may cause a huge loss of Life and Money.

 

Space Required

A big space big is required for installation of machinery.

And a warehouse with Big space is also required to storing Old Tire or tyre and storing final product.

 

License and Registration

This Business are divided into Two category.

Different Business Scale and type of activity may require different types of License like Pollution control, Factory License and other Registration and license are applicable in your country.

Follow all Rules and Regulation in your Country in your Business in your Life.

SWOT ANALYSIS

Strength :-

Strength of Career in Tire or Tyre Business is very good, This is a Futuristic career opportunity, which has a large scope of business and job opportunities, There is a less job competitions in a different countries. Few tire manufacturer or converter are in a market and demand of Tires and their products rise day by day in every country. Vehicle companies compulsorily use tires in there vehicles. Daily increment in demand and use of vehicles also increase demand of tires. Both things are useful to us, when any tire or tyre changed in vehicle due to some defect, then it will beneficial to us because we reconstruct old tires by removing minor defects in our business. and which tire of vehicle is changed, the old tire will useful to us to convert into raw material i.e. Fuel Oil, Carbon Black, Steel Wire etc.

Weakness :-

Weakness of career in tire or tyre Business are Continuous engagement in work. Continual engaged with Tire or tyre and their converted raw material or oil and chemical used in whole process may create any infection in your body, overtime hours, and pressure to defend against ever-present and evolving Virus attacks. Use of machinery is also risky.

Second weakness is that big players are already play these type of business, and they have very old relationship with old tire agencies and companies who purchase our converted raw material. We can very difficult competition with our competitors initially to make good business relation with old tire agencies and Companies.

Opportunities :-

Demand of  Tire or tyre rise day by day. Each and every person now a days completely depends on vehicles and consumes tires everyday. This create a best opportunity for Businessman of tires.

Threat:

Any loss of life or health caused to Team by any machine or by any chemical infection may become a threat for business, it may cause loss of Life or money or contracts. Any spreading virus or infection caused to any team member by waste or chemical etc. become a threat for whole society if this virus spreadable to others Like Corona Virus, Monkey pox, Tomato Flu etc.

 

 

We are not Recruiter or Employer Our Website ” How to Earn Money ” have lot of other business ideas and Job opportunities which are relevant with Success Factor , Click link below for more Small business Planning and Jobs other than this article :-

 

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Disclaimer:-

The above article Tire or Tyre is based on the opinion of the author and is meant for Information and educational purposes collected through Internet Sources and Other websites. Readers are requested to act diligently and under consultation with a professional before applying the information contained in this article Tire or Tyre.
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