How To Open A Collection Point For Non-ferrous Metals

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How To Open A Collection Point For Non-ferrous Metals
How To Open A Collection Point For Non-ferrous Metals

Video: How To Open A Collection Point For Non-ferrous Metals

Video: How To Open A Collection Point For Non-ferrous Metals
Video: 20kA 18V High Current Rectifier for Non-ferrous Metals Electrowinning, Electrodeposition 2024, April
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Opening a collection point for non-ferrous metals is quite a lucrative business. The crisis in this market segment practically did not affect, therefore the situation in it is much more stable than, for example, in the ferrous metals market.

How to open a collection point for non-ferrous metals
How to open a collection point for non-ferrous metals

Instructions

Step 1

If you decide to open an office for the reception of non-ferrous metals, then please note that this type of business is not registered in our country, which means that you can call it illegal. Although the majority of those employed in this case regard it as a completely legal type of activity. The undoubted advantage of the business associated with the reception of non-ferrous metals is the absence of seasonality and stagnation. People always need money, so they will bring you metal at any time of the year.

Step 2

It is better to open a collection point for non-ferrous scrap metal in a large city. But it happens that in small settlements, scrap is handed over no less. In addition, opening a collection point in a small town will allow you to accept scrap at a lower price, which means more earnings. It is advantageous to open a collection point for non-ferrous scrap in a settlement where there is a sea or river port. Wholesale points are often opened here, as the metal is transported by machines.

Step 3

As for the staff, you will need to hire at least two people. One of them will accept scrap metal from the scales, and the second will deal with the disassembly of complex structures. The wages of each worker can be around $ 100 per week. However, it should be noted that this is only the official part of the income. The rest of the share will be easily received by workers on underweight. Despite the complexity and necessity of working at night, and it is at this time of day that most of the metal is handed over, the staff is very quickly. Indeed, in a good scenario, receivers can receive up to $ 300 a week.

Step 4

To receive non-ferrous scrap you will need a dial scale with weights. They will set you back about $ 300. In order to save money, you can buy used scales. The area you rent must be at least 20 sq. meters so that you can place scrap metal. Think about where the accepted scrap will be delivered and at what price. After all, your profit will directly depend on this.

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