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To: Recycling Entrepreneurs From: Coffman Investment Group LLC. Date:August 31, 2020 Subject: Can recycling be profitable? The Coffman Investment Group wants to invest capital in
To: Recycling Entrepreneurs
From: Coffman Investment Group LLC.
Date:August 31, 2020
Subject: Can recycling be profitable?
The Coffman Investment Group wants to invest capital in the recycle industry. We are a for-profit-company. Can a recycled product find a market?
- Show a narrative that will determine if a recycling company can be profitable.
- Find an existing company or develop a new idea to recycle something different.
- Use your best estimates (or actuals) to show an income statement that shows profit/loss for a process or recycled product. Include all costs from material sources and cost of labor and all overhead costs.
- Visit a local recycling company (for profit) and ask to see financials (if they will allow that). Or research a company online.
- Explain the costs to complete the recycle process and end products.
- Please respond with a memo to Coffman Investment Group with backup data and assumptions.
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