Feasibility Study and Business Plan for Plastics Recycling Unit

Open
Aikya Global Inc.
Toronto, Ontario, Canada
Director
(5)
5
Project
Academic experience
120 hours per student
Student
Anywhere
Advanced level

Project scope

Categories
Market research Operations Competitive analysis Financial modeling Marketing strategy
Skills
marketing strategies financial forecasting cost estimation feasibility studies business planning sustainable materials market research
Details

Aikya Global Inc. is considering the establishment of a recycled plastics compounding unit to mitigate environmental concerns and capitalize on the growing demand for sustainable materials. The project aims to develop a comprehensive business plan that outlines the operational, financial, and marketing strategies necessary for setting up the recycling unit. The team will conduct market research to understand industry trends, analyze potential locations for the facility, estimate the costs involved, and project potential revenues. The goal is to create a viable business plan that can be presented to stakeholders and potential investors, demonstrating the feasibility and profitability of the proposed recycling unit.



Key tasks include:


- Conducting market research to identify demand and competition.


- Analyzing potential locations for the recycling unit.


- Estimating operational and capital costs.


- Projecting revenues and financial viability.


- Developing marketing strategies to promote the recycled plastics.

Deliverables

The project will result in a detailed business plan that includes:


- A market research report outlining demand, competition, and industry trends.


- A location analysis report with recommendations for the best site.


- A comprehensive cost estimation report covering both operational and capital expenses.


- A financial projection report detailing expected revenues and profitability.


- A marketing strategy document to effectively promote the recycled plastics.



These deliverables will collectively provide a robust framework for Aikya Global Inc. to make informed decisions and attract potential investors.

Mentorship

Work closely with the staff.

Information and update on the recycling industry landscape in North America and Asia.

Will share the database of existing players in the industry.



Thank you,


Supported causes
Climate action

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Trade & international business, Business & management, Environment, Manufacturing, Sales

Blending nature with innovation: Aikya's journey to eco-friendly solutions and healthier tomorrows.

Main Company Website: www.aikyaglobal.com
Subsidiary Website (Project): aikyafoods.odoo.com