View Poll Results: Keep the money or split the profit?

Voters
42. You may not vote on this poll
  • Keep the money

    13 30.95%
  • Split the profit

    29 69.05%
Results 1 to 20 of 71

Unexpected profit - Should I give a kickback?

| General - Let's talk business

Hybrid View

  1. #1
    AuburnEwaste's Avatar
    SMF Badges of Honor

    Member since
    Jan 2012
    Location
    Metro Detroit
    Posts
    773
    Thanks
    31
    Thanked 967 Times in 410 Posts
    Thank you John and George, I agree 100%. It would be a nice thing to give the guy something extra, but you also need to look at it like this: You are telling the guy "I am not paying you enough for your scrap". Or at the very least you are letting him know it would be easy to just sell the stuff himself.



    Just like George said, the extra 150 was a rare find. If he starts bringing you one of those pumps every week, then you start with the kick backs. It don't want to sound greedy, but people do not stay in business by giving half of their profit away.

  2. The Following 3 Users say Thank You for This Post by AuburnEwaste:


  3. #2
    GeorgeB's Avatar
    SMF Badges of Honor

    Member since
    Sep 2011
    Location
    Manassas Park, VA
    Posts
    2,919
    Thanks
    462
    Thanked 639 Times in 432 Posts
    Quote Originally Posted by AuburnEwaste View Post
    Thank you John and George, I agree 100%. It would be a nice thing to give the guy something extra, but you also need to look at it like this: You are telling the guy "I am not paying you enough for your scrap". Or at the very least you are letting him know it would be easy to just sell the stuff himself.

    Just like George said, the extra 150 was a rare find. If he starts bringing you one of those pumps every week, then you start with the kick backs. It don't want to sound greedy, but people do not stay in business by giving half of their profit away.
    I say if you want to give him something extra, treat him to a steak dinner at Christmas and on birthdays.

    The obligations stop once negotiations are over and done. If they want more money, they will haggle with you over price. Simple as that.


    If they are comfortable with x amount of dollars, then buy and move on.

    I agree karma is a wonderful thing, but karma doesn't keep a business going. MONEY does!
    George Beale - Founder & President - info@viprecyclingjunkremoval.com
    VIP Recycling Junk Removal LLC - Premier Scrap Metal, Junk, & Electronic Recyclers!
    http://www.viprecyclingjunkremoval.com

  4. The Following User Says Thank You to GeorgeB for This Post:


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook