How To Open A Scrap Metal Collection Point

Table of contents:

How To Open A Scrap Metal Collection Point
How To Open A Scrap Metal Collection Point

Video: How To Open A Scrap Metal Collection Point

Video: How To Open A Scrap Metal Collection Point
Video: How to Start a Scrap Metal Business | Including Free Scrap Metal Business Plan Template 2024, December
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Acceptance of scrap metal is not only a profitable, but also a noble occupation, because there is a collection for subsequent processing of unnecessary, worn-out items. Instead of rotting in a landfill for decades, scrap metal will take on a new lease of life.

How to open a scrap metal collection point
How to open a scrap metal collection point

Instructions

Step 1

Register individual entrepreneur, OKVED code 37.10.1.

Step 2

Make a business plan. In it, take into account not only the costs of renting and purchasing equipment, but also the costs of buying a large amount of scrap metal from the population. Plan an initial capital for starting a business of at least 150,000 rubles.

Step 3

Find a business location. When choosing, keep in mind that you need an area of at least 50-200 sq. m. for storage of metal and for placing scales. Provide the site with security. It is best if your site is located close to the private sector and has a convenient access road.

Step 4

Purchase equipment: tonnage scales for ferrous metals and dial scales with weights for non-ferrous metals. Over time, your business may expand and require expensive automated equipment, but these costs will quickly pay off.

Step 5

Hire employees, initially it may be a receiver and sorter. To save money, you can temporarily take metals in person, and hire a sorter.

Step 6

Advertise the acceptance of scrap metal from the population. To do this, use the local press and posting leaflets in the street. Strictly supervise the acceptance process personally and instruct employees to prevent illegal scrapping of items obtained by illegal means. Keep a record of the accepted metal. These measures will avoid problems with law enforcement agencies.

Step 7

Also organize the sale and export of the accepted metal for further processing.

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