Scrap Metals

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Startup Costs: $2,000 – $10,000
Online Operation? Yes

Business Overview

There are a great number of options open tothe creative entrepreneur who is considering starting a recyclingbusiness focusing on scrap metals. You can specialize and operate ascrap metal depot that sells various reclaimed metals to metalrecycling companies. Or, specialize in one particular type of scrapmetal collection and recycling.

Owning a scrap metal recycling businessis like having your company traded publicly the day it opens forbusiness. Metals are commodities and the price fluctuates on a supplyand demand basis, often based on forecasts for the supply and demandfor certain types of metals a year or more in advance. Overall, this isa good choice for a recycling business start-up, and the investment canvary from a few thousand dollars to hundreds of thousands of dollars.