We'll having owned a fifty percent ownership in a large scrap yard, I would like to share with you what type of a yard would I open in 2014. The answer is a paper / cardboard recycling. The last few years the costs of opening a
scrap metal yard have risen so much that only well established multi million dollar company's can sub stain the hurdles of opening a full service scrap metal yard. With out going into all the large cash lay outs for almost every thing needed, not to mention all the new government regulations and requirements making it almost impossible to over come, and then what's the guarantee you would turn a profit? Well opening a paper recycling center/yard has many benefits.
Ask your self where is the nearest paper recycling center near you, I bet many of you do not have one that you even know where it is. We'll let me just say that the competition is very little if at all, now in large city's you will have some but not very much at all. Now the important part, there are no government regulations that require you to in a way police your customers as what they can sell you and what they can not sell you like in the scrap metal business.
The need is there for paper recycling as much or more as it is for metal people just do not know where to recycle there cardboard or paper so now if you opened up you would solve that problem.
The costs for opening a paper/ cardboard recycling center are a fraction of what is needed for a scrap yard, while the profit margins are the same if not more. In these times opening a scrap metal yard to most are a dream, but opening a paper recycling center are realistic and could be easily done.
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