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If you send your recyclables to the recycling bin rather than throwing them out, you would be making money from recycling instead of paying the waste hauler to take away the waste. So how to do that? And what are the materials you can make the most money from? Read on to know all this and more!

How Commercial Recycling can Help Your Business?

Here are the 4 ways your business saves money and makes money from recycling.

  • Selling Price of Recyclables

    One man’s trash can be another’s treasure. If you take a close look at your trash, you will find stuff like paper, metal, and e-waste, which can fetch a reasonable price from the recycling facilities.

  • Saving the Hauling Cost

    The hauling cost can be saved up to a significant extent by opting for recycling your waste. This is because you will require less pick up of trash to carry it to the landfill.

  • Avoiding Crossing the Regulatory Restrictions

    Each state has different laws, rules, and regulations regarding recycling. By optimizing your recycling practices and sorting your waste stream in advance, you can avoid notices from Municipal Corporations and other fines and stay complaints.

  • Cost Saving by In-house Recycling and Reusing

    You can save a lot of money by reusing the products and supplies in-house, such as using shredded paper as padding for fragile material in packaging and using old packaging material for storage purposes. In this way, you need to purchase fewer new supplies.

How can Businesses Make Money from Recycling?

Let us look at some tips that can help in increasing your company’s recycling revenue:

  • Opt for a Baler That Addresses Your Needs

    Balers cater to different volumes and materials. Ensure that you invest in only those balers designed to handle the materials you bale and the volume of those materials. Don’t just consider the current volume. Instead, take your facility’s growth projection into account. The baler you buy now must be useful in the future as well.

  • Weigh Your Pallets

    Different pallets have different weights. The pallet allowance must be accurately counted to maximize money from recycling.

  • Make Dense Bales

    It is a common practice amongst balers to pay a flat fee to fill a container. If you are one of them, then it would be ideal to maximize the weight per pick-up by making the bales extra dense. This will also ensure that the transport potential and space are maximized.

  • Minimize Downtime

    Having downtime will undoubtedly cause lost recycling opportunities in recycling revenue, regardless of the scope of your recycling initiatives. This loss will hit you harder if you are a small or medium-sized company. You can avoid such expensive baler downtimes by investing in highly durable recycling equipment.

  • Manage Recyclables as Inventory

    It is obvious to document the weights of your bales before sending them to the recyclers. But it is equally essential to cross-check them with the reports provided by the recycler. You should consider recycling revenue as a vital money-maker for your business to make money.

  • Explore Recycling Opportunities Within Your Business

    Keep an eye on how you can grow and expand your recycling opportunities. Look beyond the materials you already recycle and try to find opportunities in recycling e-waste, textiles, cartons, shrink wrap, etc. By including new equipment and creating new processes, you can increase the chances of recycling a diverse range of materials.

  • Place Importance on Partnerships

    Great partnerships lead to unique opportunities. You must build a lasting relationship with your recyclers and those who provide recycling equipment. Join hands with people you trust and maintain a healthy relationship with them.

What can be Recycled to make Money?

Look at all these materials that can make good money by recycling. These kinds of stuff are lying right under your nose in your office or factory.

  • Make Money Recycling Paper or Stationary

    The used office stationary in your cupboard and store room, useless to you, can bring some extra cash for your business operations. It is common for businesses and institutions to make money from recycling paper because they have so many of them.

  • Make Money Recycling Cardboard

    Packaging material is omnipresent in almost all streams of businesses. So if you also have many cardboard boxes in your store, you can either reuse them for packing or storing something or recycle them. Reusing saves money on new packaging material, and recycling cardboard generates good money.

  • Make Money Recycling Plastic

    It is also common to make money from recycling plastic, including plastic bottles, car batteries, and other electronics. Considering the kind of natural resources being exhausted to manufacture plastic and the pollution it generates, it becomes everyone’s duty to recycle plastic.

  • Make Money Recycling Aluminum

    Americans make a lot of money by recycling aluminum. It’s one of the most popular recyclable materials. The maximum aluminum is collected through cans. However, a lot depends upon the state you are operating in. In states like Michigan, you make 10 cents for a can but only 5 cents in other states.

  • Make Money Recycling Glass

    You also find glass bottles and other stuff made of glass that you no more use and can recycle. Again, the state you operate will decide how much money you can make from recycling glass. States with bottle bills offer you around 10 cents per glass bottle.

  • Make Money Recycling Scrap Metal

    Popular scrap metals include brass and aluminum. But there is other scrap metal as well, such as iron and steel, which doesn’t make you much money, but you should invest some efforts in recycling them for the sake of the environment. You can make money from recycling scrap metals.

  • Make Money Recycling E-waste

    Making money from recycling Electronic Waste is the easiest thing to do. It’s all around you in the form of cellphones, laptops and tablets. Since you don’t get much value for secondhand electronics, especially the older ones, recycling them for the environment is wise.