Starting a Composting Business: Challenges, Opportunities, & Working with Local Government
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6th National Cultivating Community Composting Forum Panel 4: The Business of Community Composting Eileen Banyra Community Compost Company New York & New Jersey
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Starting a Composting Business: Challenges, Opportunities, & Working with Local Government
- 1. Food Scrap Recycling Services
- 2. Starting a Composting Business: Challenges, Opportunities & Working with Local Government
- 3. About Us - Est. 2013, New Paltz, NY - LLC, Women Owned - Food scrap collection services - Compost production on farms - Soil Farmer - Sell bag/bulk compost regionally - Hudson Soil Co.
- 4. Decentralized Model - Paradigm Shift ● Turn wasted food scraps and other organics into valuable soil amendments ● Distribute capital costs and environmental impact of composting to several small sites, to be used in situ ● Make regional compost, reduce trucking
- 5. Business Components - Collection and/or Compost Production?
- 6. Business Plan EXECUTIVE SUMMARY VISION, MISSION & VALUES PRODUCTS & SERVICES INDUSTRY ANALYSIS MARKET ANALYSIS COMPETITIVE ANALYSIS SALES & MARKETING OPERATIONS MANAGEMENT TEAM FINANCIALS REQUIRED CAPITAL The compost product sales industry is currently a $3B industry, as part of a $24B annual soil amendment industry globally. The 8% CAGR for the soil amendment industry globally is needed for soil cleanup, restoration, & ag productivity. NYS markets for agriculture & landscaping are both significant at $2.5B & $5B, respectively. Garden Research approximates 70% of US households participate in gardening, w average of > $400/HH annually. … statewide garden market in New York is between $1B and $2B.
- 7. Business - Collection Service
- 8. Services -Residential D2D, Commercial (office, restaurant, high rise, institutional) & Drop Spots - (town, farmers markets)
- 11. Service - What Modes of Transportation
- 18. Take Aways ● CAN’T BE OR DO EVERYTHING ● HAVE MULTIPLE REVENUE STREAMS ● LEARN TO SAY NO ● HAVE A DIVERSE TEAM and ● BUILD DREAMS ON YOUR RESEARCH AND FACTS
- 20. Why
- 21. Keep in touch! Eileen Banyra, Founder eileen@communitycompostco.com Phone: 845-787-3478 communitycompostco.com
- 22. Resources Institute for Local Self Reliance (ILSR) - Host organization, best resource for community scalmall scacomposting, local economy, we are doing w local start ups. Publications, info., training etc. Small Business Association (SBA) - every kind of resource - business plans, on- line tutorials, mentoring thru SCORE; offers Womens and Disadvantaged business assistance - https://www.sba.gov/business-guide US Composting Council (USCC) - Support organization w wealth of info. Fact sheets, training, classes at National Conference i.e. - Compost Business Management & training - Compost Operators Training.
Notes de l'éditeur
- Restoring the earth from the ground UP!
- Begin w a business plan. Ideas are great but need to put in writing what you want to do. Start out small w one area and build client base, loyality, partnerships etc. Collection service - Where do you bring materials - Own site? Community garden(s)? Minimize the haul!!! Do you or someone else manages and/or make the compost? If bigger compost production in mind, then separate business (Rust Belt and CCC)
- Differentiate yourself btw large hauler and your boutique service
- Established in 2013, Community Compost Company is a green, New York State registered Women Business Enterprise (WBE) that collects organic material and processes it into compost. Servicing residents, businesses and institutions, the Company is pioneering organics collection Hudson Valley and Northern New Jersey region to provide this service and to apply a waste-to-resource, systems approach to the issue. The collected food waste, formerly slated for the landfill, is processed into a high quality, all natural compost that supports soil health, water quality, stormwater reduction and sequesters carbon to mitigate the effects of climate change.
- Become partners w your communities. Get involved in many events, careful with free