As you know, recycling is very beneficial to the environment. People everywhere are becoming more and more aware of the importance of recycling. However, not everyone has the time to recycle and others simply do not know how to go about it. Fortunately for you, this provides an open door to begin your own metal recycling business.
Metal recycling is an excellent way to earn additional income. You can earn as little or as much as you want, considering that in a years time the United States alone recycles about 150 million metric tons of material. These materials are made up of various types of metals, which each have specific rates associated with them. Your metal recycling business can be substantially more profitable if you know how much each metal is worth. For instance, each pound of non-magnetic stainless steel sales for an average of 50 cents, whereas Grade 1 Copper pays approximately $2.80 per pound. Keep in mind also that metal is heavy, so accumulating a pound does not take long.
Now that you have an idea of the financial benefits, you may be wondering how to get started. Much of the material needing to be recycled comes from businesses. Therefore, companies in your area likely have large amounts of unused metal lying around. However, many businesses do not have the time or manpower needed to recycle it and would be happy to have you haul it off for them. By offering to collect the material, sort it and carry it away for them, you should be able to develop your client list in no time.
Households are the other large contributor to the massive amounts of materials used each day. Drive around your neighborhood and will surely find several metal items resting on curbs and standing next to homes. People have hectic lives and finding spare time to take materials to a recycling center may be rather difficult and not a top choice of things to do on their day off. But, most people do not like clutter, so when you knock on their door to offer your recycling service there is a good chance they will accept your offer with no hesitation.
With just a little time and effort, you should be able to build a nice sized client list for your metal recycling business. Now that you know how to start, where will you begin your recycling business?