Hi my name is Smanga iam the director for a company named Mphakathi Recyclers. The company is a start up which aims at not only employing the youth but also to give people a means of generating an income through recyclables. The following Document was compiled by me can you please reply to it with feedback on how I can get it running because I have faced many difficulties when I try getting it off the ground. MPHAKATHI RECYCLERS (Pty)Ltd ‘It’s only trash if you throw it away’ Registration number: 2015/165488/07 Postal Address : 642a Ntombela Street White City Jabavu Soweto, Gauteng 1868 Contact Person : Mr Smanga Mthembu Email : Smanga Mthembu3@gmail.com Cell phone : 063 394 8170 Director : Mr Smanga Mthembu Signature : THE BUSINESS 1.1 BUSINESS DESCRIPTION UMPHAKATHI RECYCLERS (Pty) Ltd is a recyclable collecting business based in Schools around Soweto. The business mainly collects (but is not limited to) Plastic bottles, Glass bottles, Paper and cans recyclables for a profit by selling it Buy-Back-Centres or ‘Depots’. To conduct business UMPHAKATHI RECYCLERS (Pty) Ltd must be in contract or agreement with local schools for ‘product and service’ relationship that aims at uplifting the community and create means for income and also offer relief to poor or struggling families. The main product or service offered by the entity is a Burial Scheme. If the local school is contracted with UMPHAKATHI RECYCLERS (Pty) Ltd and the children at the school bring any of the above mentioned recyclables to school with them on a daily basis (weekdays) then the entity is obligated to assist with the burial of a parent or guardian at no fee at all. The entity will immediately provide the following: • Tables • Chairs • A Tent • Gas Stoves • Pots and Plates • Sound system (If required) This will half the cost of the funeral for the remaining family members, allowing the parent or guardian a dignified funeral which is very important in the African tradition when it comes to bereavement. All this because their child took what is considered ‘trash’ to school. 1.2 GOALS FOR THE BUSINESS In order for UMPHAKATHI RECYCLERS (Pty) Ltd to be sustainable the following goals must be met: • Six months Be in contract with at least one school in Soweto with about +/-1500 pupils • Twelve months Be in contract with at least 4 schools in Soweto, each with +/-1500 multiply by four equals +6000 pupils. If each of these pupils comes with at least two 2L plastic bottles or two old magazines/books or five times 330/440ml cans or and two 375ml glass bottles for the initiative. • Three years Be in contract with at least 20+ schools in Soweto, each with +1500 pupils multiply by twenty (or more) equals +30000 pupils. . If each of these pupils comes with at least two 2L plastic bottles or two old magazines/books or five times 330/440ml cans or and two 375ml glass bottles for the initiative. Please note that the above is only estimates as the success of the project could accelerate at a rate much faster than the predicted ones. 1.3 THE MARKET Currently the market for recyclables is dominated by plastic recyclables. MPHAKATHI RECYCLERS (Pty) Ltd will also collect these plastic bottles, but is not limited as such the less dominated markets in recycling such as cans, paper and glass bottles will be targeted. The market can be better explained through the SWOT ANALYSIS. • STRENGHTS 1. We will collect materials which have not been not been collected on a large scale 2. We will employ unemployed youth in Soweto (community upliftment) and create opportunities for self-employment 3. The initiative will reduce pollution bringing down our carbon-footprint 4. The financial burden of burying a loved one will be greatly reduced if the child is in a school contracted with MPHAKATHI RECYCLERS. 5. Where the family cannot afford a donation will be offered if all the stake-holders agree on it 6. The only condition is that all monies from recycled products is deposited to the entities bank account 7. It’s a community effort and community empowerment opportunities will follow naturally by giving a lifeline to the poor or even child headed households. 8. Children will learn the importance of recycling and its benefits for our environments (sustainability) 9. The project is a niche’ • WEAKNESS 1. The business is a start-up: Funding, Marketing, Advertising, Vehicles etc. these are all essential for the success of the entity. 2. Other Competitors are already recycling on a large scale (Pik’it’Up) • OPPORTUNITY The opportunity for growth and sustainability is apparent because when other schools and parents get word of what MPHAKATHI RECYCLERS (Pty) Ltd is offering to them as a service, they will want to join as they know how important it is to bury a loved one with dignity in African community. The more schools join the more revenue MPHAKATHI RECYCLERS can generate through these recyclables, thus extending its reach and growing the enterprise. In a matter of years we would have surpassed our competitors with the help of the community and schools. The thought of relief for parents knowing that when they pass away his/her children in primary schools will be able to bury them with ease and dignity all the because they assisted them by giving them recyclables to take to school. • THREATHS Legislation on recycling regulates on how much waste can be recycled at a particular site due to the health hazards associated with the accumulation of waste. Since MPHAKATHI RECYCLERS will be operating from schools material to be must always be kept at an absolute minimum. 1. Start-Up Costs 1.1 Material Needed • Bulk Bags> Not yet available • Containers> Not yet available • Banners> Not yet available • Tents> Available • Chairs> Available • Gas Stoves> Available • Pots> Available • Décor> Available • Protective Gear> Not yet available • Vehicles> To be hired MEMORANDUM OF UNDERSTANDING MPHAKATHI RECYCLERS (Pty) Ltd is a recycling collecting business that aims to recycle cans, glass bottles, paper and plastic bottles for a profit by selling the mentioned recyclables to Buy-Back-Centres for revenue. The above mentioned recyclables have to be provided by the pupils in the school for our service (Burial Scheme) in case death occurs to a parent or guardian. This Memorandum of Understanding (MOU) is an agreement between MPHAKATHI RECYCLERS (Pty) Ltd reg no. 2015/165488/07 and Primary school for the above mentioned service in exchange for recyclables mentioned above. Director : Mr Smanga Mthembu Signature Name of School : Principal/Deputy Signature : School Stamp :