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Cost Analysis

Before launching a business, the entrepreneur must establish a budget,identifying the various costs the company will have to take into account. There are two parts to the budget: a start-up budget, which gives the breakdown of the one-time costs necessary to set up a recycling centre,and the operating budget, which details the on-going costs of running the centre.

This analysis will also enable the entrepreneur to plan the activity and to establish the prices, in order to be profitable and able to sustain the centre over the long term.