All posts by admin

Liquidation 101: Everything you need to know about IT & Asset Liquidation

September 21, 2018Asset Recovery, IT and Asset Liquidation, IT Asset Dispositionadmin

The Corporate world is brutal. Many new businesses try their luck here each year and only a handful of them are able to pass through unscathed. Most don’t survive. In fact, 5% of the total entrants don’t even see their first anniversary. It’s that bad.

With every venture gone wrong, you lose a big chunk of fund, employees, and assets. It can be really painful to see your money and resources go awry, but don’t let your assets getaway that freely too.

This article compiles everything you need to know about IT liquidation and asset recovery, so you can be prepared should that day arrive.

What is Liquidation?

Liquidation, in simple words, refers to the process of selling a company’s assets, thus resolving their operations altogether. There can be many reasons for businesses to partake in IT and asset liquidation – acquisitions are one, forced exits due to unfortunate circumstances is another. Several times, a company unable to make ends meet also go liquidation route to pay their creditors back.

There are various types of assets a company can look to liquidate:

– Equipment (used telecom equipment, computers, copiers, fax machines)
– Furniture (chairs, workstations, couches)
– Inventory (raw materials, finished and half-finished goods)

Around 215,000 United States firms were reported to have exited in the third quarter of 2016 resulting in 749,000 jobs lost, according to the Small Business Administration (SBA).

Types of Liquidation

There are two types of company liquidation:

Voluntary Liquidation, and
Compulsory Liquidation

Voluntary liquidation is when dealing with an insolvent company- a firm that is unable to pay their dues off to the creditors leading to complete shutdown of operations. Here, the liquidator assigned by the involved party (creditor) voluntarily begins an IT and asset liquidation process on the perpetrator.

On the other hand, compulsory liquidation involves force shutting of company operations due to the wish of the majority of the creditors. This is often against the will of company directors.

Things to remember before Liquidating assets

Here are a few points you must take care of before going for asset liquidation:

1. Evaluate the total value of your assets (items that you are willing to liquidate) and document it: Create a detailed inventory if you must, this will help you set a benchmark for recovery. You may add physical details, photographs, warranty certificates, purchase information, and whatnot to make things easier to evaluate. At the end of the day, the means through which you liquidate your assets don’t matter, recovery does. So, whether it’s through one-by-one item sale, auction events, donations, or recycling, you’ll have a fair idea on what profits you can expect at the end. Starting a new venture won’t be a headache anymore.

2. Run your assets through quality checks and repairs before putting them up on sale. Such minor/major fixations will help boost the value of your assets, and thus final selling prices.

3. Hire a reputed liquidation company as your partner. Trust only a known IT liquidation provider to handle your valuable assets. This way you can rest assured with marketing, selling and recovering as much as possible from all the surplus and used IT equipment. Many prefer doing the deed themselves, but the time, efforts, and dedication required in selling stuff you are attached to is a great deal.

4. Donate items/inventory that isn’t much worth to extract tax benefits. If you have assets that you know won’t pose much value in the retail market, consider donating them to NGOs or local/regional centers. Contact your attorney or accountant before you take this step, though. They’ll give you an exact figure of the tax exemptions that come with such donations.

It’s crucial to remember that these steps (especially the ones involving assets) should be taken BEFORE you work on the liquidation process. Because a company in liquidation no longer holds power on their own assets or entire property for that matter. The liquidator hired is legally responsible for all that.

The Process

As a company undergoing liquidation, you would be guided end to end by the appointed liquidator. They carry the responsibility of collecting and labeling the assets, selling them off, paying back to creditors, and distributing the profits and funds to creditors. Responsibilities that could have been emotionally exhausting for you, if you were taking care of them alone.

STEP 1: Identifying the assets

If you make the inventory list we’ve mentioned in the “Things to remember before Liquidating assets”, this step wouldn’t be as overwhelming for you or for the liquidator. You already have the viable assets under your radar and you know how much it’s worth of. You can very well move on to the next step with all this information in hand.

STEP 2: Planning smart disposition of the assets

Disposing of here can mean any of the following – selling, donating, or sending off for recycling. The end state of the asset heavily depends on their physical condition, variety, quantity, and market conditions.

STEP 3: Determining Liquidation Value of your asset

Liquidation value refers to the actual selling price the asset possess. It may depend on the following factors:
– Current micro and macro market conditions for the particular asset
– The quantity involved. The bigger the quantity, lower the liquidation value would be
– Out of date assets, especially in the case of equipment (like telephones and computers)

STEP 4: Actual disposition

The last step is the most painful one. Once you’ve planned what’s going to happen to your loved assets, it’s better you back off. Your liquidator will take care of the rest for you while getting the best possible monetary recovery.

What’s Next?

If you have any further questions on IT liquidation and asset recovery management or if you need liquidation advice, you may drop us a line at bid@telecomrecycle.com or ring us up at 1-888-900-7605. Our liquidation experts are always here to help you. Call us today to get a free initial consultation!

4 Reasons Why You Should Ditch Your Outdated Phone System Right Now

July 31, 2018Sell Used Phones, Surplus Telecom Equipment, Used Business Phonesadmin

If it ain’t broke don’t fix it. Thomas Bertram Lance, probably, never expected this phrase to blow out of proportion. The American businessman was simply targeting the Government on their lousy policies in a newsletter of the US Chamber of Commerce, Nation’s Business, May 1977. It states:

“Bert Lance believes he can save Uncle Sam billions if he can get the government to adopt a simple motto: “If it ain’t broke, don’t fix it.” He explains: “That’s the trouble with government: Fixing things that aren’t broken and not fixing things that are broken.”

Ironically, many businesses use this excuse to avoid technology upgrades. Many businesses (SMBs, in particular) still use technology and equipment that (probably) date back to the Stone Age. Stuff like wired phone systems are still in common use— and I don’t know how. Perhaps the system does work, but so does Nokia 1100 or your Dad’s rusty Brownie camera.

It’s high time you leave the idea (and the system) behind. Why? In this post, we’ll give you solid four reasons for doing so.

Hang Up On Your Old Business Phone System

1. Compatibility issues; may not support new features and functionality:

Imagine relying too much on pagers in the world of smartphones. Or using heavy typewriters when sleek laptops are available. Smartphones and laptops come with dozens of new features— HD cameras, voice recorders, seamless integration with several other devices, the internet…

In short, they make your life easier. Outdated business phones, not so much.

Compatibility issues are fairly common with old VoIP and telecom equipment. Some of the features might work, but most of them need an upgraded system. This means more repair costs and more time in the dungeon.

2. Lower Shelf Life Means Increased Repair Costs:

If your business phone dates back to 2007 or before, you might need to bring the upgrade fast. Or ditch it altogether.

The average life expectancy of a phone system made before 2008 is five years. This might look like a fair number, but know that it has been ten years since 2008. It’s possible that most of your outdated telecom equipment is at the EOL (End of Life) stage.

On the other hand, most of the new phone systems can survive a decade or more.

Repair costs are another nuisance attached to older systems. The prices can reach up to $2,000 for major problems and upgradations. And it usually takes up to 3 days to fix such phones. Ask yourself— is it worth the pain?

3. Expensive Call Rates When Compared to Next-gen Models:

Remember the days when we used to pay dollars for a minute-long call. Even local, system to system calls inside the office building charged more than ten venti caramel mochas at Starbucks today. The prices, currently, have come down to mere cents (or even free, if you are making Skype calls).

With newer systems, you save like 1000% (plus no repair costs, yay!).

4. Scalability Issues; Unequipped for Growing Businesses:

Sometimes, it’s not about the features. Neither rates nor repair costs. It’s simply that your business outgrows your phone system.

You started with the basement and now own a 5-floor office building. Old and outdated phone system is no longer a problem in this case. Perhaps it has some outstanding features, but not the ones your company needs.

Scalable options are crucial in today’s high-tech age. After all, you may move to 20-floor office space within the next few years. If only business phones providers in 1995 could see the future.

How Can You Make The Most Out Of Your Outdated Phone Systems

As much as you may like to tuck the model under the rug, alongside your fresh inventory, in the dusty corner of your warehouse— you can’t. You shouldn’t. Not when you can derive some monetary benefits out of them. Check out:

1. Return them to the vendor

If possible, return the equipment to your vendor. Or add some bucks and exchange it with a new system (if you have a great relationship with your vendor).

2. Sell them to ITAD companies

There are many liquidation and ITAD companies that take up your old phone systems. So if you need some quick cash for your inutile equipment, do look for such companies. Check us out too!

All you’ll need details of your phone system and some pictures. Fill up the form, respond to the quote provided, and done!

3. Donate them

If selling is not an option, try donating your old systems to NGOs and charity. But make sure they are in working condition. You might even draw tax deductions out of the donation.

With Telecom Recycle, you get maximum return on your used but functional telecom equipment. Contact us to get an exclusive and fair quote for your sellable IT equipment. Submit the bid form with all the equipment details and we’ll get back to you soon!

3 Steps to Ensure Maximum Recovery for your Surplus Telecom Equipment

June 25, 2018Asset Recovery, Surplus Telecom Equipment, Used Business Phonesadmin

As a growing business, you come across many checkpoints. Initially, you engage in an area, buy assets, and hire people to run your company. Then comes the expansion stage where you add more assets, people, and area (if required) to your initial set up. It is an on-going chain for most, if not every, business – regardless of its type or domain.

But, managing assets is only one side of the coin. The other side is disposing of surplus assets. When you grow, technology also changes. While this aspect might not directly affect a variety of industries, it is particularly crucial for businesses that depend on IT and telecom equipment. A study by The Investment Recovery Association (IRA) concluded that about 20 percent of a company’s assets are surplus to its needs. This means, roughly one-fifth of every organization’s equipment is left unused and take up unnecessary space in the inventory.

However, the disposition of old and outdated telecom equipment is not a recent trend; it has been there since the early days of the computer, just on a lower scale. While disposing surplus telecom assets is an inevitable feat, disposing them with maximum revenue recovery possible is smart work.

Easier said than done, right? We’ve listed three crucial steps that might help you with smart Telecom surplus recovery!

Step 1. Identify Your Surplus

The first step to everything is – analyzing. Before you know what to do with your surplus telecom equipment, you must know what they are. The exact number of your surplus equipment, to be precise. To get this data, you’ll need to conduct a full-scale audit of your business facility. Record everything you can, viz., asset name, type, condition, where it is located, if it’s redundant or can be redeployed.

Those owning a variety of facilities can avail the extensive features of asset management software. It would help you to record, update, and track your valued assets in real-time, making your auditing journey a much quicker one.

After organizations determine which equipment and assets are no longer needed and which can be redeployed internally, they must then focus their efforts on selling their surplus assets. Upon determination that an asset is no longer needed within the organization, the focus of the
the program should be turned to the secondary markets.

Step 2. Look for the Best Method for your IT Asset Disposition

After you have a list of equipment or assets that are no longer needed, you must focus on what to do with them. You might want to physically hand them to a buyer you know, or look for online vendors who’d do the hard work for you. Or, you might want to send them for safe recycling if it’s too depreciated and/or not fit for sale. Since the disposal method will highly depend upon the assets’ potential value, you should be smart in choosing the process that might get you the fairest cash.

To make things simpler for you, we’ve listed down the pros and cons of onsite and online IT disposal:

a) Onsite Selling: The traditional way, perfect for those who know buys that can give their market fair prices for their used and outdated equipment.

Pros:
● Low risk
● You know where your asset is going
● Trust-factor
Cons:
● Transportation cost. You’ll have to bear expenses for packing and relocating.
● More direct handling means more damage to the assets.
● Limited scale of buying
● Dependency on the buyer’s condition/schedule

b) Online Selling: Disposing of your surplus equipment online help you reach a wide audience. You get to bargain around to get the best price for your assets.

Pros:
● Quick and convenient
● Prices are less susceptible to changing local and/or economic influence.
● You won’t have to pay for transportation as most of the online vendors offer free relocation
● You get to manage your own timelines

Step 3. Select the Right Vendor

Pay special attention to choosing the correct disposal partner for your surplus telecom equipment. Regardless of your IT disposal type- onsite or online- a right vendor is a key to get the maximum recovery for your assets. With the legal, environmental, security, and economic issues going around in the business world, you cannot afford to not to get involved with a trusted partner for your asset recovery process. Especially when your business’ reputation is at stake.

Make sure your ITAD vendor is capable of handling every facet of the asset recovery program, from effective decommissioning, dismantling, safe removal, resale to responsible disposal (if needed) of telecom equipment.

How to Get Rid of Old, Surplus or Outdated Telecom Equipment

April 12, 2018E waste Recycling, Sell Used Phones, Surplus Telecom Equipment, Used Business Phones, Used Telecom Equipmentadmin

Telecommunication industry, just like the rest of tech-focused verticals, is more susceptible to major changes. Telecom type that fit this decade might go obsolete in the next decade or two. One mostly brought up example would be that of landline telephones. They were nothing short of a miracle in the internet-less world – serving as a great link between departments, branches, and offshore/onshore clients. While useful, these bulky devices cost businesses significant set-up money and office space. The introduction of wireless technology replaced these landlines to a greater extent.

That said, the Telecom industry is constantly evolving. Apart from the obvious usefulness, the need to stay current compels organizations to forgo legacy for modern equipment. Wireless phones (and now smartphones) have replaced bulky telephones, Conferencing units are taken over by internet-based communication systems and alike. Other factors like mergers/acquisitions, business migrations, cost-cutting also contribute to surplus telecom equipment.

Collecting these old, surpluses and/or outdated telecom equipment is neither feasible nor required. Maintaining them takes up money, labor, and space, which you could utilize on productive things. But, taking them as useless pieces with no monetary value is a blunder. Contrary to popular belief, your old and used IT equipment still holds value. If you’re one of those organization thinking to dispose of your old equipment, this post might help you gain some actionable insights.

1. REUSE YOUR TELECOM EQUIPMENT

The first on the list is the obvious choice; reusing your device. Of course, this method won’t be applicable for every device and will depend highly on the organization type. For example, a company working with companies won’t go back to supercomputers for various reasons. Same with landlines. But small VoIP equipment can be reused to a greater extent if they are in a working condition that is.

The bottom-line is to reuse every bit and parcel if you can; it would save you both time and money.

Now, segregating useful assets from redundant ones might look easy, but it’s not. Telecom Recycle can help! You can request us a quick evaluation and assessment, and we’ll get our professionals to de-install all the said ‘unwanted’ pieces to look for useful components. Don’t worry, when asked for we provide our customers with detailed inventory so you won’t lose anything precious.

2. DONATE USED TELECOM EQUIPMENT

While uncommon, many organizations choose to donate their used IT and Telecom equipment to NGOs and other charity fests. It might not be a budget-friendly choice, but it can help your business get that extra tax credit (you might want to check out with the NGO for the paperwork and all for smoother tax deduction process). Donating is feasible for companies owning used but working equipment which can be reused greatly.

3. SELL USED TELECOM EQUIPMENT

The third and most popular step is to Sell telecom equipment. Approaching the equipment distributor and manufacturer is the best way to start with the whole selling process. See if they are interested (they usually are). Private selling is a tedious process with a lot of luck factor involved. Many companies lose out on the market value of their equipment, often selling their surplus telecom equipment at a much lower cost.

You can avoid all of that by going for Telecom Recycle’ prompt services. We buy all sorts of VoIP, IP Phones, Switches, telecommunications, business phones, networking, and wireless communications equipment from a range of brands. We use our industry expertise and deep understanding of the current market stats to get you correct value for your equipment.

4. AUCTIONS FOR HIGH-DEMAND TELECOM EQUIPMENT

Another rare but 100% workable option is to hold an auction for your recycled telecom equipment. Bidding game is perfect for vintage equipment or other high-demand telecom equipment. This way you get full control over the whole selling process, favorable rates and access to buyers directly.

5. RECYCLE OLD & SURPLUS TELECOM EQUIPMENT

Recycling is good if your device is damaged and cannot be reused or sold. But if you are planning to recycle your IT equipment, always look for an ITAD company. Irresponsible telecom equipment recycling is a thing which can cost you both funds and reputation- which we don’t want.

An ITAD company would ensure that you get your equipment disposed of in an environment-friendly manner. Any useful material found while scraping will be returned to the rightful owner.

As we just saw, disposing of old and obsolete IT and VoIP equipment is easier than you think. You have plenty of options available, from selling, donating to ITAD recycling, which can bring you monetary benefit. Don’t let your telecom equipment gather dust!

3 common Used telecom equipment buying & selling myths debunked

March 7, 2018E waste Recycling, Sell Used Phones, Surplus Telecom Equipment, Used Business Phones, Used Telecom Equipmentadmin

Used Telecom and IT equipment buying & selling myths debunked

Second-hand goods. Despite being the best ‘value-for-money’ option to prevail in the modern electronic age, old and used equipment has a number of myths associated with them. And that’s not just for electronic goods, people would ask/get asked when dealing with anything second hand.

These, more often than not, baseless preconceptions make organizations miss out on a great opportunity to buy or sell their working equipment. It is worst for companies in dire need to sell their used telephone equipment because they cannot spare extra office space for surplus equipment- be it due to technology migration, or mergers/acquisition.

We, as an ITAD company, are often swarmed with clients asking us this and that. What they heard from people, what’s prevalent, is cheap good and the likes of it. The point is, while these myths look quite convincing, there is a little to no meat to it. If nothing, they helped us create the following list of popular myths, and their views were definitely changed after knowing the truth behind them. Hope it will help change yours too!

MYTH # 1: Old is trashy.

Not true. In fact, old is often more trustworthy than its new counterpart. In this world, technology changes every few years, and that shouldn’t be the reason to completely trash the older and ‘outdated’ ones.

Think of your old desktop. Sleeker, smarter laptops might have replaced your beloved but static computers, but that doesn’t mean that they are useless. They can be a blessing for people who cannot afford $500 laptops. Let’s say they are not in a working condition to be passed to underprivileged ones. But, they still useful components that can be reused or recycled to make entirely new equipment.

Same goes for old telephone equipment. There are several companies that would willingly buy your IT assets, working or not (In case of the latter, just check with them). You can even buy amazing used equipment at a discounted rate!!

Also, illegally dumping your used IT equipment cost you a lot of your hard-earned money. The government is getting stricter with the passing time and we wouldn’t want to be a culprit, right. Not to forget the number of environmental hazards improper e-waste recycling can cause.

Thus, we can clearly say, “Old is gold”, which is literally the case here.

MYTH # 2: People only sell defective equipment.

Again, this is untrue. While one cannot rule out the possibilities, this is not true 99% of the times (at least here at Telecom Recycle). As mentioned earlier, some companies find themselves in situations where selling surplus equipment becomes a necessity more than a choice. And ITAD companies are the best option for those looking for quick disposal. This means, not all equipment sold are old and ‘on the verge of death’. In fact, we’ve had clients who sold their latest equipment just because they couldn’t place them in their budget anymore.

So, if you are in two minds about the condition of the product, just shoot your ITAD a mail and ask for picture proof.

This goes for the ones selling their equipment too. If you don’t need them, just sell them. Let your surplus be someone’s treasure.

MYTH # 3: Second-hand equipment is good only if you are low on budget.

While a part of this might be true, low-price is not the only benefit associated with second-hand equipment. For starters, by purchasing used equipment you directly help the environment by ‘reusing’ electronics. Often times, organizations that partake in such green programs are awarded certificates and certificates are always good. This adds to your brand value, increasing your brand reputation- people like to spend on ‘responsible’ companies.

As a seller, you are avoiding the penalty by turning your surplus equipment to use hands rather than just dumping.

So, whether you are in to buy or sell your used IT telephone equipment, Telecom Recycling can help you find the best options for your requirements.

Why Use ITAD Companies for your e-waste Recycling?

April 24, 2017E waste Recycling, Electronic Waste Disposal, Used Business PhonesITADadmin

The IT landscape is not the same as it was a few years ago.

We have been witnessing dynamic technological changes with every passing year, the instruments and devices relevant earlier are nothing short of a legacy burden now. Organizations today are forced to either adopt the highly expensive modernization process or discard the old and outdated models altogether for new, fast and appropriate replacements.

E-waste is not only limited to outmoded devices, though. Every day we witness companies getting acquired, going through inevitable mergers, or shutting down their operations permanently. With such situations come insane amounts of devices that are no longer required. In fact, the amount of e-waste produced on a daily basis is excruciating.

While you could dispose them on your own, but the amount of time, budget, and effort that goes in assessing, managing and finally discarding redundant devices make us think twice before doing so. Additionally, the environmental responsibilities and data safeguard issues are also enough to hold us back. There is a reason why IT Asset Disposition (ITAD) companies are getting quite popular amongst businesses all around the globe.

Why should you adopt responsible ITAD services? Let’s learn in the next section.

What is ITAD?

IT Asset Disposition, or simply ITAD, is the full-fledged process involving recycling and disposal of old and inutile IT assets in a proper and responsible manner, strictly adhering to the environmental policies laid out by the government.

The ITAD market is growing rapidly with each passing year and is expected to exceed $20 Billion in next 5 years at a CAGR of 9.83%. Currently, still in its infant stage, it is growing to be a million dollar market with more and more organizations understanding the need for responsible ITAD and the cyber security risks associated with the improper disposal of the devices.

Why is it Essential to Hire an ITAD Company to Take Care of your IT Assets?

Joining hands with a responsible ITAD partner is pretty crucial if you don’t want to fall into the judicial game or suffer from an equally affecting cyber breach. Always look for companies that are transparent and thorough with their services, helping you increase your revenues by recapturing the most of your surplus equipment.

When you send your equipment for disposal, the ITAD experts will aptly categorize them according to their condition and will be dug for useful components. After the complete assessment, they will be labeled- ranging from fit-to-dispose, partially-fit or reusable. The ‘end-of-life’ equipment will then be disposed safely, keeping in mind the distress the materials may cause. The other labels will be dismantled, separated and then remarketed.

A perfect ITAD company would ensure that:

You get an accurate IT assessment to fish out the devices liable for disposition for proper categorization (model type, current condition, number and present market value) and tracking.
You get your excess devices disposed of safely without causing any environmental distress. Most of the devices contain hazardous waste like arsenic and lead which when not treated well can cause huge problems, both legal and environmental.
You get the maximum value out of your old and outdated devices by ferreting bits and pieces that can be re-used.
You meet your legal and environmental liabilities aptly.
You get complete data security without missing out on any sensitive information that could be used against you. By doing this properly, they ensure your brand reputation remains intact and there are no cases of lawsuits and fines.
You are provided with step by step reporting of our devices- from packing, transportation to the final disposal.
You get a Certificate of Destruction along with a series of third party
Certificates to verify the process involved in disposing of your equipmentmeet data security standards.

Now that you know why you should be partners with a certified and responsible ITAD company for a safe disposal of your redundant IT equipment, why don’t you give Telecom Recycle a try? Don’t hesitate, get in touch today! We are here to assist you on every step of your IT disposition- from assessing, labeling, transportation to final disposal!

The Risks Associated with Improper E-waste Recycling

April 24, 2017E waste Recycling, Electronic Waste Disposal, Responsible Recycling, Used Business PhonesITAD, VoIp phonesadmin

Electronics are simply everywhere. They are controlling us in one too many ways- from getting our meals to providing us with seamless connectivity with an aunt living a few oceans away.

But with the number of electronics surpassing our expectations and controlling power, it’s improper disposal of e-waste comes as a surprise to no one.

In fact, we see heaps and heaps of surplus and inutile VOIP phone equipment being discarded daily. We have the yearly data, yes, but the government mainly looks into the ones that have been registered, the ethical ones. Tons of electronic waste gets disposed unethically across the globe and we have no way to keep a track of them.

Whether they have resulted from an acute performance failure, technology migration, or are simply an unfortunate victim of an unavoidable business situation- unwanted and obsolete IT equipment basically become a part of the ‘Global e-Waste Dumping’.

While many IT and electronics companies have their recycling policies in papers, it doesn’t guarantee that they have been active in proper e-waste recycling events. You might have just been disassembling the equipment for intact parts that would then be sent back to the manufacturer. What happens to the rest, unfit for reuse, bits, and pieces? Will they end up at the nearby inferno?

Before we go deep into the E-waste recycling hazards, it’s essential to know what exactly e-waste is. Let’s find out.

What is E-Waste?

E-waste, or Electronic waste, is a collective term referring to the high-tech garbage that may include all the electronic items (intact, dismantled, shredded or ground) that no longer serve their purpose, or simply are discarded by the users.

Whether it’s your old and obsolete computer or tons of industrial electronic chips and pieces, they are all classified under e-waste.

Sadly, despite being coined as garbage, electronic waste is not biodegradable. It, thus, poses greater health and economic threat. E-waste won’t just dissolve into the soil, not without affecting the fertility in the area.

By 2014, we had produced around 41.8 million tonnes of e-waste globally, according to a study published by the United Nations University. Undoubtedly, this level must have increased to several folds by this year.

The same report stated that only a small chunk of reusable material out of US$52 billion was extracted and treated for further use, or even disposed of in an eco-friendly way. Additionally, only one-sixth of the 41 .8 million tonnes of e-garbage was properly recycled. Now, you can imagine the present situation.

| Also Read: E-Waste Recycling and Disposal – 10 Facts You Should Know

How does e-waste affect our environment, though?

Environmental Risks

This goes without saying that the health and environmental hazards posed by irresponsible e-waste disposal are many. What contributes to it?

Basically, such electronic components contain toxic materials in varying degrees that contribute directly to a disrupted ecosystem. The dangerous traces of methyl, cadmium, arsenic, and mercury then seep into the soil, polluting the groundwater. If thrown in an inferno, the burnt cadmium along with other toxic substances can very well pollute the air. Many of the chemical compounds present in the electronics are cancerous in nature.

While burning the components is a major part of it, the polluted air isn’t just caused by them. In fact, just throwing them into the trash can lead to poor air quality.

A lot needs to be done, but we may start with being responsible in our e-waste recycling ways. Getting a well-versed ITAD (IT Asset Disposition) partner for yourself is a good way to start, though.

Responsible E-Waste Recycling Solutions

We all want to be responsible, there is no doubt in that. Of course, we don’t want to end up resolving legal matters at the end, do we? This is why we suggest you to never opt for an e-waste disposal process without proper guidance.

There is a whole lot to e-waste recycling and a lot of reusable material can be missed, which we cannot afford.

Choose an ITAD company that would help you dispose of your surplus (and recyclable) materials by following proper responsible recycling standards laid by the state, combined with a zero landfill policy.

From hand disassembling of the fragile equipment, data destruction, to the final disposal- we need a partner that would ensure you get the maximum of our initial investment. We need an environmentally green alternative and Telecom Recycle could help! Get in touch today.

Your Old Business Phone and IT equipment Still Holds Value

April 24, 2017E waste Recycling, Electronic Waste Disposal, Used Business PhonesITAD, Used Business Phones, VoIp phonesadmin

Everything has an expiration date. Electronic equipment is no exception.

Imagine owning a series of working handsets, routers and what not, that only adds on clutter to your office space while providing nothing in return. They are lying there, useless, but you have no clue on what should be done. Or you are unwilling to give in to an idea that might cause you legal troubles.

While you may not be able to revive or reuse edibles that have crossed their expiration stage, reusing electronics is neither difficult nor uncommon. Several organizations solely focus on recycling and ferreting the redundant VOIP equipment for reusable materials.

Rather than disposing of your old Avaya, Citel/MCK, Nortel, Polycom, Mitel, SpectraLink, and ShoreTel business phones without an ITAD aid, you might consider the following options for a safe and responsible ditching. After all, a waste for you might be a gem for others.

Resell your used VOIP Equipment

Shutting down operations, downsizing, technology migration, acquisition/mergers- certain unavoidable business situations leave the one involved with unresolved papers and an equally disturbing series of obsolete equipment that can neither stay nor be discarded haphazardly seeing how it cost a fortune to the company when it was first bought.

Plus, the company in question might badly need monetary assistance.

The solution is clear, just go and resell your surplus and once valued equipment on a fair market price. You might look for a service provider that would help you recapture the maximum of your initial investment.

While opting for a resale, just make sure that your equipment is in a working condition. This method works the best for VOIP equipment like business phones, servers, networking hardware, routers, connectors and all that are relatively new and/or in a perfect condition. You might get more than what you expected even if the market resale value has surged.

More and more companies are going for the reselling process and the reasons quoted are vast. From the constantly evolving technology to the cut-throat competition in the business world- there is a lot more contributing to the sudden boom of the reselling business.

This is no new trend and it is here to stay, undoubtedly.

There are a number of local as well as national service providers that would willingly buy the bulk old office phones you wish to sell.

Recycle your used VOIP Equipment

If your equipment’s state doesn’t allow it to be reused in any way, you should consider recycling them. It is the best and eco-friendly option to dispose of your rather outdated and inutile equipment.

That being said, we would suggest you opt for an ITAD help and avoid recycling and disposing your equipment on your own. It would only add on to the growing amount of e-waste produced worldwide. Taking a legal and certified help will allow you to be a part of a solution, rather than being a part of the 50+ tons problem.

Involving an ITAD (IT Asset Disposition) company in your recycling business will allow you to get end-to-end recycling solutions from assessment, packing, transporting to the final disposal.

The first step would help you know if your equipment is eligible for recycling or not. Then they will be labeled, packed and sent to the recycling plant where they will be further scrutinized for valuables. After disassembling, the core components and the materials will be sorted in different heaps according to their type. Those components that cannot be reused would be shredded, ground, and converted into a fine mixture which would be then further sorted with magnets and water solutions. The fine particles will be then sold to manufacturers.

Recycling old office phones ensures that every part of your used IT equipment can be utilized, whether intact or in fine pieces.

Donate your used VOIP Equipment

If you cannot think of anything else, just donate your used equipment. By donating your VoIP equipment like old business phones, servers, or connectors, to charity can earn your business tax write-offs that, in a way, will help you recoup a certain value off your initial investment.

It is certainly a better way than illegally dumping your e-waste.

Now when you know that your old and obsolete equipment still holds value, you might want to resell, recycle, or donate them. Whatever your choice may be, keep Telecom Recycle in mind.

Contact us to get an exclusive and fair quote for your sellable IT equipment. Submit the bid form with all the equipment details and we’ll get back to you soon!

In this Article