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

Pizza Boxes

Provide pizza places with the essentials.

Cedar Blanket Boxes

Moth-hole-free blankets can be a huge selling point for your cedar boxes.

More from Business Ideas

Starting a Business

He Had $75 When He Immigrated to the U.S. as a Refugee. Then He Started a Business — and Grew It to $1.2 Billion.

Payam Zamani, founder, chairman and CEO of private equity firm One Planet Group, faced numerous challenges as an immigrant entrepreneur, but none of them deterred him from his vision.

Leadership

As a Leader, Take These 5 Steps to Bridge the Gap Between Innovation and Execution

Companies that want to turn ideas into action must align their people and listen to their customers.

Side Hustle

I Made $14,000 in 1 Week With a Spontaneous Halloween Costume Side Hustle — Here's How

Sabba Keynejad was in art school when he started to refine his entrepreneurial skills.