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Strategic Opportunities
Strategic Opportunities
Strategy: Purchase site and facility
Where: The ReBuilding Center, Restore Home Improvement Center (MA), ReSource, Habitat for Humanity of Metro Denver, ReNew Building Material and Salvage
Description: Purchase, rather than lease, the land and building where the facility is located,
Pros:
- Lasting investments in infrastructure
- Become a fixture in the community
- Stability in operations
Cost:
- Capital intensive
- Potential limits to growth
- Less flexible, in cases, where local community changes to be less favorable
Strategy: Collaborate with other reclaimed material businesses to improve product distribution
Where: RE-USE Consulting, The Reuse People
Description: Work with competing reclaimed material businesses to specialize in product segments, for example, hardware specialists, lumber specialists, and to redistribute excess inventory.
Pros:
- Enhanced business-to-business relationship
- Alternate product sourcing
- Facilitate product purging and refresh
Cons:
- Obligation to take and redistribute product
Strategy: Co-locate with other complimentary material reuse organizations
Where: Habitat for Humanity of Metro Denver, RE Store (WA), The Reuse People, ReSource
Description: Locate reuse business close to complimentary businesses. This might include thrift stores, furniture stores, home furnishing stores, and garden and nursery stores. Co-location can offer convenience to customers and donators and provide synergistic services.
Pros:
- Enhanced business-to-business relationship
- Customer convenience
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