Scrap Metals
Startup Costs: $2,000 - $10,000
Franchises Available? No
Online Operation? Yes
There are a great number of options open to the creative entrepreneur who is considering starting a recycling business focusing on scrap metals. You can specialize and operate a scrap metal depot that sells various reclaimed metals to metal recycling companies. Or, specialize in one particular type of scrap metal collection and recycling. Owning a scrap metal recycling business is like having your company traded publicly the day it opens for business. Metals are commodities and the price fluctuates on a supply and demand basis, often based on forecasts for the supply and demand for certain types of metals a year or more in advance. Overall, this is a good choice for a recycling business start-up, and the investment can vary from a few thousand dollars to hundreds of thousands of dollars.
Scrap Metals Ideas
Mailboxes
Turn this commonplace object into an adornment homeowners can show off.
Product Assembly Service
Put products together for businesses with a product assembly service.
Silk Screening Service
Cash in on the popularity of T-shirts by offering silk-screen printing.
More from Business Ideas
20 Side Hustle Ideas for Summer 2024: Part One
Instead of spending money this summer, prepare now to make extra cash through the following side hustles while still enjoying your free time.
10 Online Side Hustles Proven to Boost Your Bank Account
Even the busiest schedules can accommodate finding a precious few hours to create a profitable online venture — something that many are already mastering.
7 Practical Tips for Running Multiple Businesses Successfully
Thinking of starting additional businesses alongside your existing ventures? Learn some practical tips for successfully juggling multiple companies from this insightful blog post.