The pros and cons of having a pallet yard near me

If you’re running a pallet haul and resell business, there are advantages and disadvantages of being close to a pallet yard. I really like pallets as an income stream. Pallets are a stepping stone to other income streams. I also view a pallet yard as a stop and not a destination. I can use a pallet yard near me to get started or spot fill requests all the time. My goal is to not depend on the pallet yard near me for too long.

Cut Your Cost - Partner with Rose Pallet and Watch the Savings Stack Up
Image pulled from Rose Pallet

Advantages

Getting Started

When you’re getting started, being close to a pallet yard helps you from a supply perspective. If I have a customer that need pallets, chances are I can fill their order at the pallet yard.

The person running the pallet yard and workers there are very knowledgable about pallets. I can ask questions and develop business contacts. Many people are willing to help when they’re asked.

If I reclaim pallet to create furniture, a pallet yard can be a cheap and easy way to fuel my work. Pallets are cheap and sometimes free. In order to get great at my furniture craft, I need practice. Building out furniture from pallet yards can help me get there quicker.

Pallet Enterprise : Pallet Express Prospers Through Responsive Approach to  Customers and Business Conditions: Relies on Trusted Suppliers Such as  Metropolitan Staple
Image pulled from Pallet Enterprise

Filling spot requests

When I don’t have pallets I need in stock, a pallet yard is a great place to fill spots. Again, I would not rely on this as my sole source of supply. I would tap the yard from time to time to protect my supply.

Let’s look at an example. I may have a big order on Monday that requires 50 pallets of the same type. I’m not going to break that set I have on hand and a possibly delay a big pay day because someone called me requesting 5 pallets over the weekend. I’m going to the pallet yard in this case. If the pallet yard can’t help me, I going to pass on the 5 pallet request.

Proximity

The saying time is money is real. If I can be 5 miles versus 50 miles from a reliable supply of pallets, I will take 5 miles any day. Any pallet yard close to me should allow me to transact quicker.

How to Make Money Selling Used Wooden Pallets -
Image pull from Tri County Pallet. This place may be close to someone reading this

Proximity help with high volume loads. If I have to move 200 pallets and I don’t have a lot of capacity to haul making small trips is an options. If the yard is close, frequent trips as easy versus a pallet yard that is far away.

Disadvantages

Dependence

It’s very easy to fall in love with a pallet yard. I need a pallet. I go to the yard. I buy a pallet. Problem solved. I always have to keep in mind that the owner of the pallet yard is running a business. When I buy pallets at the pallet yard, I’m a customer.

My goal is to not rely on one supplier. When I achieve and maintain this, I add additional value to my customers. I’m not joined at the hip with my local pallet yard. I’m able to get additional options to my customers.

Rebecca's Bird Gardens Blog: DIY Vertical Pallet Garden
Image pulled from Rebecca’s Bird Gardens

The Middle Man

If you don’t break you dependence of a pallet yard, you will always have a middle man. If pallets I focus on pallet as a side hustle, the middle man will control the price. I may need a pallet, but the middle man is making it too expensive for me. Therefore I don’t get the materials I need.

Where to go if I need pallets?

If I’m looking for pallets close to me, I would search Google for ‘pallet yard near me‘. If that doesn’t work, I would search for ‘pallet recycler near me‘. There a good chance someone is recycling in the area versus someone running a pallet yard in any given area.

I try to learn from other whenever possible. I came across this video from Yak Motley. I appreciate his insight on running a pallet business.

What’s next?

Like I said before, when you think pallets, think stepping stones. Anyone can work hard enough to turn pallets into a business. Working with pallets can eventually turn into a passive stream. You just have to get creative.


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By Eliot Pearson

I love to talk about side hustles and gigs, blockchain, and technology. Feel free to connect with me https://beacons.ai/eliotpearson

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