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    Knofan started this thread.
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    Thank you for the answers.

    Hipogear: Yeah, that is an big amount. And if i take only the cost for my salery this is what is looks like:

    Salary (before tax): 4080 usd
    Tax (company tax on salary): 1346 usd
    The cost of my salary for the company is 5426 usd. Then i need to pay incomde tax on 4080. So my disposable income is about 2850 usd.

    The problem is the amount of scrapping i need to do to make this kind of money.



    Miceinreco:
    No Ferrari Its a normal car. But i cant use my current car for this, i need to buy a new one. But the biggest problem is the gas price, at almost 6 usd per gallon the price for scrapping goes up. ALOT.

    I have 3 other companies that i run, with empolyees so i have no intentions of quitting that. The problem is that the amount of material i need is so big it will be difficult to collect it. And when i do find material i need to be able to take every little bit of profit that i can from that material. That is why my thought is to refine, not only to collect and sell to the next guy.

  2. #2
    HipoGear is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by Knofan View Post
    Hipogear: Yeah, that is an big amount. And if i take only the cost for my salery this is what is looks like:

    Salary (before tax): 4080 usd
    Tax (company tax on salary): 1346 usd
    The cost of my salary for the company is 5426 usd. Then i need to pay incomde tax on 4080. So my disposable income is about 2850 usd.

    The problem is the amount of scrapping i need to do to make this kind of money.
    Looks much more reasonable when you break it down. Still tough to do. Start networking sooner rather than later to find those contacts that can hook you up. I belive it can be done but will require a ton of hustle. Good luck, I wish you much success.

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