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New Jersey company's business planning pays off

About eight years ago, a New Jersey entrepreneur started a business out of a van. Today, his business of recycling old computers has expanded throughout the southern part of the state. Careful business planning and patience have finally paid off for this once small company.

Magnum Computer Recycling is now located in Pennsauken in a 26,000 square-foot facility that should be able to accommodate electronic trash that could reach millions of pounds. The company currently has contracts with eight counties in New Jersey. In 2012, the company provided recycling services for seven counties and collected somewhere in the neighborhood of 6 million pounds of material for recycling. With the addition of Cape May County this year, the company hopes to increase that number to eight million.

Magnum Computer Recycling is a subsidiary of Thanks for Being Green LLC. The company is required to adhere to some 64 guidelines and the facility is inspected each month by the Department of Environmental Protection. This is a large step away from when the founder of the company would drive around town collecting computer parts for recycling. Of the company's soon to be 15 employees, three of them spend their time breaking down approximately 70 different types of electronics; and the company will soon be setting up drop boxes for people to deposit their electronic trash.

This company is a testament to the fact that it is still possible to start a business from the ground up and make it a success. Careful business planning is crucial to any new business. Having a vision is only the starting point. Being able to make that vision a reality takes time, planning and patience. Having the proper advice and assistance with the business startup may also help the business get off of the ground.

Source: nj.com, "Computer recycling company expands from van to all of South Jersey," Jason Laday, April 7, 2013

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