A wood pallet recycling business is a business idea that is surprisingly easy to start and can also be quite profitable. You won’t need to spend a lot of money to run your business, because you won’t need a lot of expensive equipment. In fact, you might be surprised at how viable this business idea is.
To get your pallet recycling business up and running, you will need a few items. You will obviously need a pick-up truck, but you will also need some tools, like an electric drill, for example. You will also need protective work gloves, a hammer, and lots of nails. If your truck needs it, you may need to build its sides. This will allow you to transport more pallets at a time. Since you want to keep costs to a minimum, it makes sense that you can transport as many second-hand wooden pallets as possible each time you take a trip. This will keep fuel costs low, save you time, and ensure more profit ends up in your pocket.
Sourcing wooden boxes couldn’t be easier. You will find them readily available in many department stores, shopping malls, factories, manufacturing companies, etc. Once you find a source, all you have to do is approach the owner or manager. They will likely be very glad that you took away their old pallets at no cost to them. As long as you have the attention of the manager or owner, offer to collect your old pallets on an ongoing basis. This will help ensure a working relationship between you and the company, which will result in a monopoly for you, as they will not be willing to let the competition take away your old pallets.
Collecting used wooden pallets is just one aspect of the pallet recycling business. Once you have them in your possession, you will need to review them. This is because people often buy pallets according to the size they want. When you receive your boxes, please stack them to size as this will make it much easier for you to deliver a specific box size to a customer.
Another issue to consider is the repair of damaged boxes. Wooden boxes are great because they are quick and easy to repair. None of the pallets you recycle should be damaged, so make sure you have the tools and supplies you’ll need to be able to remove and replace damaged planks.
Of course, your business will only be successful if you are making money from your pallets. This means that you must sell them. Contact companies in the area that use wooden pallets and inform them that you have second-hand wooden pallets for sale. Depending on the size and condition of the boxes, you could earn up to $ 4 each. Although this may not sound like a lot, consider the fact that there are many companies that will buy up to 100 pallets from you per week. The more companies like that you work, the more money you will make.
