Starting a recycling business is a good idea in today’s economic- and environment-friendly world. With the increasing awareness in the campaign to alleviate the effects of global warming, more and more people are getting involved in “green” businesses. A recycling business makes money by selling paper, glass, plastic and other used items to companies that re-purpose them.
These are the basic steps on how to start a recycling business from home. Get to work, put everything down on paper, and fill in the numbers, according to your particular situation.
A recycling business needs little in the way special equipment, no storefront, and (usually) very little storage space. If you want to recycle larger items, then having a truck is useful. Otherwise, you can operate from your home so that the money you earn is pure profit.
Opening a Recycling Business is really very simple and the best part about the business is the lack of competition. You see a few opening, but the field is so wide open and the profit potential and business growth is enormous.
A recycling business needs little in the way special equipment, no storefront, and (usually) very little storage space. If you want to recycle larger items, then having a truck is useful. Otherwise, you can operate from your home so that the money you earn is pure profit.
Identify your collection points – these are the places or establishments located in different spots within your service area where people can bring their recyclable items to. Cultivate contacts, make new friends as you make your rounds – this is very important to your recycling business, or to any business, for that matter. Your contacts and friends within the community are the people who would want to see you succeed and can help you identify strategic places where you can leave bins, boxes, or containers for your collection effort.
The waste recycling business is hazardous in nature. Unsorted waste, may contain broken glass, rusted iron, dangerous chemicals and acid — which if approached casually may cause fatal injuries. Important safety considerations for the business include: A good understanding of the safety regulations and polices for each type of waste, including Dangerous Good Regulations, and doing everything to ensure compliance including, but not limited to, maintaining an emergency first aid kit. Providing protective clothing such as long-sleeved shirts, pants, gloves, and surgical masks for workers, and ensuring that workers do wear such protective gear when working with waste. Providing training to employees to identify and handle hazardous materials.
To ensure that your recycling business will succeed, you must be sure that it has a continual source of siding to recycle. Therefore, the second step in starting your business (after finding potential markets) will be to identify areas in which there is a high density of scrap generators, such as manufactured housing production sites, large housing construction projects, large home improvement companies, landfills, and vinyl siding distributors. Each of these sites represents a potential source of material for your recycling program. Of course, each source must be evaluated carefully to determine its viability as a supplier.
A junk removal and recycling business typically does not compete with residential or commercial trash removal services. The junk removal and recycling industry is usually more focused on residential or commercial clean-out projects (think attics, basements, and garages), appliance and furniture removal, and construction cleanup projects. A truck, perhaps a trailer, and a willingness to get dirty are the key requirements for starting a home-based, junk removal and recycling business.
The junk removal and recycling business can be a profitable business that is easy to start. This business is not difficult or complicated, but is built on the fact that many people do not want to be bothered hauling their own junk and would rather pay someone else to do the work for them. This business is not glamorous, but if you are looking for an easy-to-start business with the opportunity to earn a respectable profit then the junk removal and recycling business may just be the perfect home-based business.
Recycling Business