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1. Industrial waste.
2. Domestic waste.
Industrial waste-
Recycling business can be started on two ends 1. Managing others waste and getting paid (out-sourcing)
2. Direct buying and creating "raw materials" out of garbage.
in the first case you can earn double income, one from managing waste of client company, and second by selling useful byproducts of that waste.
Domestic waste, can be further classified into: paper, plastic, metal, organics. best part of this business is that domestic waste is less hazardous and required less papers for starting a business while industrial waste recycling industry requires too much paper and permissions. project size, area to be covered and turnover will decide project cost but at a glance you can start recycling business can with few thousands to millions and billions. every country have it's own norms for starting business so as this business is also covered in some laws.