Page 2 of 2 FirstFirst 12
Results 21 to 23 of 23

Who can share me a profitable scrap metal business plan ? - Page 2

| General - Let's talk business
  1. #21
    SMF Badges of Honor

    Member since
    Feb 2013
    Location
    Broken Arrow, Oklahoma
    Posts
    198
    Thanks
    243
    Thanked 206 Times in 75 Posts
    I agree with most other comments. I too am wanting to eventually open up some kind of recycling location, but I am going to hold out until the work load and cash flow either allows or forced me into it. I only started scrapping a few months ago with the money I made selling random things on eBay. I have gone from $40 payouts at the yard every other saturday to $120 payouts every week, not to mention the amount of e-waste I ship out and the materials I have been saving up. At this rate I know it will take me awhile longer, but it goes to show that if you work constantly you can always make money. Although I will say that if I had 40k that I had made and not borrowed and enough current business to justify the move, then i could definitely make a specialized e-waste business work. An actual scrap yard would take at least 10 times that, i would think.



  2. #22
    peterscrap started this thread.
    SMF Badges of Honor

    Member since
    Sep 2012
    Location
    kansas
    Posts
    4
    Thanks
    3
    Thanked 2 Times in 1 Post
    definitely I think i need more experience, i started 2 months ago driving around my neighborhood picking up scrap metal. so far i think I'm doing good. but that's why i want to wait until next year, so i can get more knowledge on this matter

  3. #23
    SMF Badges of Honor


    Member since
    Apr 2013
    Location
    MISSISSIPPI
    Posts
    172
    Thanks
    97
    Thanked 175 Times in 76 Posts
    Quote Originally Posted by peterscrap View Post
    definitely I think i need more experience, i started 2 months ago driving around my neighborhood picking up scrap metal. so far i think I'm doing good. but that's why i want to wait until next year, so i can get more knowledge on this matter
    You are doing good. You have enough sense to ask questions. Enough humility to accept the answers. Enough drive to get off your butt and work for what you want.
    Keep up that attitude and you will do well.
    You can make money 2 ways.
    1 - Do what others won't.
    2 - Do what others can't.

  4. The Following 3 Users say Thank You for This Post by VERYOLDGUY:



  5. Similar threads on the Scrap Metal Forum

    1. Business plan topic
      By devo in forum General - Let's talk business
      Replies: 17
      Last Post: 07-16-2014, 05:59 PM
    2. Brand New Plan / Full Time Scrap Business
      By Geiser093 in forum General - Let's talk business
      Replies: 104
      Last Post: 01-05-2013, 09:43 PM
    3. Hub and Spoke Business plan?
      By Tcgs in forum General - Let's talk business
      Replies: 0
      Last Post: 12-01-2012, 12:32 PM
    4. Business plan topic
      By devo in forum Dismantling, Breaking Down & Maximizing Scrap
      Replies: 2
      Last Post: 02-09-2012, 09:19 AM
    5. Scrap Depot profitable?
      By Sharky-Li in forum General - Let's talk business
      Replies: 5
      Last Post: 07-11-2011, 09:18 PM

Page 2 of 2 FirstFirst 12

Thread Information

Users Browsing this Thread

There are currently 3 users browsing this thread. (0 members and 3 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