Recycling, as the old ideology might compel you to believe, is not just about garbage collection and compost selling business. Apart from your charitable instincts that drive your initiative, green entrepreneurship, like any other business, requires strong business acumen, persistence, and an ability to think and dream big.
- Create a service for the edible waste.
Large scale companies normally buy food in excess, for their employees, to only dump them in dustbins, as waste. You can actually capitalize on this lazy trend and create a business wherein you can arrange to collect the excess food to distribute to needy people down the street.
- Your ugly produce- the sob story!
Sometimes, vegetables can come in assorted shapes and sizes. However, it would be a good idea to buy the misshapen vegetables in the basket that are not usually picked by the customer, from supermarkets as they cost 30 per cent less in comparison.
- Recycling of Electronic waste-don’t throw your cell phone!
Old computers and cell phones serve you even after they have outlived their utility. Companies would offer buy back schemes periodically, for these items, which can be refurbished. They could even be sold to spare part dealers so that they can find use for them.
- Bio-fuel production-: an alternative way to go
Although people have moved on from kerosene to computers, bio-fuel production is still a good idea when it comes to utilizing these waste matters, and on-going efforts to convert crude oil into fuels are expected to materialize someday.
- Used children clothing- a boon for the deprived.
As people from lower strata of society, in an attempt to keep up with the Joneses, search for designer clothes, it pays to open a second hand clothing shop for these deprived kids by purchasing designer clothes from the affluent segment at a lower price.
- Scrap metals recycling-how does it work?
‘Scrap metal go-down’ is what you have to set up in order to sell your reclaimed metals to recycling companies. It starts with a basic minimum investment but yields rich dividends. Companies that manufacture nails and cutleries would collect your metal scraps and pay you a profitable margin.
- Junkyard furniture creations-great creative outlets!
If watching a junkyard, and its clumsy array of vehicle junk, inspires you with creative ideas, then go ahead, create offbeat furniture out of auto spare parts, and sell it at a fancy price. Do not fear competition, as only experienced hands having a creative touch can try it.
- Disposal bin service- at your disposal
Recycling the construction waste can actually be done by disposing them in a personal pickup truck. Fixing the right price, managing the pickup and delivery, and some business acumen is all you need to make good profits.
- Book binding and repairs-for the book fanatic
If you are trying to monetize your reading instincts into a regular paying proposition, bind and repair old books in your spare time using the cheaply available bookbinding equipment. You can also set up transactions with second hand book dealers and book clubs.
- Recycling of Aluminium Cans-cash in on your pots and pans!
Aluminium cans would not sound like an alluring option for business at the first sight. But all it needs is a notice posted on a bulletin board or a business card with a message to be sent to the recycling companies, in nearby areas, for your old pans, to be picked up and purchased from the spot.
- Paper recycling-shredder is not the answer
If you are thinking of business, do not go beyond your home for the raw material, as the waste paper that collects in your trash bin can be processed through the machines, to produce tissue papers. Approach your neighbourhood for bundles of paper scraps, get them processed, and sell them to tissue manufacturing companies.
- Rubber waste recycling-: Do away with your old shoes!
The only profitable business idea that you can generate for your old rubber wastes would be to sell them to companies that manufacture tyres and plastic furniture. Use rubber innovatively!