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Waste Management Financial Planning for Commodity Risk

July 22, 2022

Via: Waste360

Commodity prices fluctuate frequently, making it difficult for waste management and recycling companies to accurately project revenues related to commodities and plan accordingly. The inherent risk in the commodity market can be a stumbling block to business growth and sustained innovation as a decline in a key commodity can severely reduce cash available to spend on equipment, facilities or workforce improvements. Managing risk is critical when engaging in the commodities market, and strong relationships with stakeholders, particularly public sector agencies, can be instrumental in weathering fluctuations in the sector.

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