A scrap metal business is an unusual type of business, in order to make money on it, you need to pay money to your customers yourself. This business is all-season because people always need money.
Instructions
Step 1
The most advantageous place for the location of the reception point is the private sector, because in the personal household, metal is always in abundance. This is not necessarily an area of a large city, in small towns, as a rule, there are no fewer clients. The center of a large city is also a good location for such a point. The leased area must be at least 20 m2 to accommodate the accepted metal.
Step 2
An even more profitable option is the location of the point in the area of sea or river ports. Wholesale points are most often opened here, because scrap metal is transported to such places by cars.
Step 3
It is imperative to think about the place of wholesale sale of metal accepted by the population.
Step 4
Before opening a collection point, you need to buy a scale. If you are going to accept only ferrous metal, then you will need a tonnage scale; to receive non-ferrous metal, you need to purchase a dial scale with weights.
Step 5
The staff of a metal collection point usually consists of only two people - a direct metal receiver and a sorter who can disassemble complex installations, for example, an engine. This unit, as a rule, contains in its composition a certain amount of non-ferrous metal. Despite the complexity of the work (and often work during the night shift), staff are usually on hand very quickly. in a good scenario, the salary of the receiver can reach $ 300 per week.
Step 6
The initial cost of starting this business can be around $ 2,000. Annual revenues can be as high as $ 20,000, so all costs can be recouped in a few months.
