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

Silk Screening Service

Cash in on the popularity of T-shirts by offering silk-screen printing.

Product Assembly Service

Put products together for businesses with a product assembly service.

Toner Cartridge Recycling

Reduce waste and save customers money by selling refilled toner cartridges.

More from Business Ideas

Side Hustle

New Research Reveals the Most Profitable Side Hustle — and You Could Make an Extra $15,000 a Year From Home

If you're ready to start a side hustle, it pays to consider which one will give you the greatest return.

Growing a Business

At 24, She Was Fired From Her Advertising Job. Then an 'Incredibly Important' Mindset Helped Her Build a Multimillion-Dollar Business.

Melissa Ben-Ishay's brother Brian Bushell encouraged her to follow her passion — and it led to major success.