Start a Business

Start a Recycling BusinessWaste recycling is an important way to take care of our natural resources and even to save money. If you have an entrepreneurial spirit, recycling could be a great way to earn a living! There will always be a need for recycling services, so consider a recycling business as a recession-proof career opportunity.

There are many important things to consider when thinking about starting a waste recycling business. What type of program do you want to provide-residential recycling? Business or industry recycling? Deciding what type of waste you want to deal with will help you determine what type of recycling business to start. Your recycling business could recycle paper, glass, plastic, or even hazardous materials. Check out the competition in your area to see if a particular niche is being under-filled. The waste recycling materials you pick up or gather can either be processed by your recycling business or sold to processors.

Of course you’ll need to have a business plan to start up your recycling business. There is a wealth of information available on the web or in your local library regarding how to write a business plan for your recycling business. Your recycling business plan needs to include the legal structure of your recycling business, what waste recycling materials you will deal with, your equipment requirements, site location, and predictions as to how much recycling business you will have, among other things. Also, when planning your waste recycling business, spend some time learning about state and local requirements concerning permits, licenses, certifications, fees and taxes.

The U. S. Small Business Association can be an invaluable source of information regarding how to start your own recycling business. They have information on how to start your recycling business, including writing business plans, obtaining loans and grants, and the special tax incentives available to waste recycling businesses.