continued Getting his business situation was a bit more difficult for Thayer. It took three years of talking and learning about other similar redemption centers and three years of trying to figure out how to open his own (as a salesman he’d pop into redemption centers he found on the road), with the last two years devoted to extensive planning.
“When the state made water bottles deposits, that really tipped it where we thought that the volume would be there,” said Thayer.
He said the process was even speedier thanks to his acceptance into the New York State Small Enterprise Economic Development program (SEED), which provides start up small businesses with training and guidance.
“It helps non-traditional companies get funded, especially when banks aren’t going out on first time ventures out of the box like mine,” said Thayer. “It helped me with my business plan and eventually helped me get funding. … It would have taken me much longer to get open without their help.”
Thayer already has the support of the Albany-Colonie Regional Chamber of Commerce.
“The Chamber is pleased to help celebrate the grand opening of For Your Canvenience, a local, family-owned business that has made a commitment to our region and to our environment. We applaud the services they offer to the community and to the organizations that can benefit from them,” said Mark Eagan, president and CEO of the Albany-Colonie Regional Chamber of Commerce.
So far, For Your Canvenience has one employee, Thayer, but he said he hopes to eventually hire a few part-time workers.
“Down the road hopefully it’ll be enough where I can hire full-time people,” said Thayer.
There’s a similar redemption center in Glens Falls, which is where Thayer first got the idea for his own, but he said he’s trying to set For Your Canvenience apart by offering services to groups running bottle drives.