Cashing in, is only a matter of time.

**Kalvlin** · 02-11-2015, 01:23 PM

I don't stock pile anything for long but look at it all on average. E-scrap has been moving along just fine for me. Prices may be lower but I gotta keep moving it out. I like to keep a steady stream of cash coming in
so I'll work to save in other areas and I constantly adapt to take advantage of any angle where I can maximize that cashflow. Metals,copper. brass etc all helps but I do a little less of that so I can sit on it for a longer period of time
but when I get a good load I don't hesitate to pull the trigger. " Money makes the world go round"

**bigburtchino** · 02-11-2015, 06:57 PM

So far I do not buy anything, everything we touch is from a waste stream from other companies and all of our scrap is processed. We sell when a particular scrap type has accumulated to a preset weight. I do play the numbers, with my yards and try to have at least three types of scrap to sell. I want my buyers to have something worth buying and me a choice of buyers with prices I can live with. My business plan has always been pretty simple: 1. create goods and service that has value. 2. must be good for me/the customer/the employees. 3. generating as many multiple revenue streams as possible. 4. All cost must be minimized, requiring a continues effort to lower operating cost. 5. review all aspects of the business personally, always seeking the most efficient/cost affected methods. 6. errors will be made, learn from the mistakes, failure to act is very expensive.

**TheRecycler** · 02-13-2015, 03:14 AM

Well said and with that, I hope we can take something from all this discussion. Thank you all.

QUOTE=bigburtchino;235619]So far I do not buy anything, everything we touch is from a waste stream from other companies and all of our scrap is processed. We sell when a particular scrap type has accumulated to a preset weight. I do play the numbers, with my yards and try to have at least three types of scrap to sell. I want my buyers to have something worth buying and me a choice of buyers with prices I can live with. My business plan has always been pretty simple: 1. create goods and service that has value. 2. must be good for me/the customer/the employees. 3. generating as many multiple revenue streams as possible. 4. All cost must be minimized, requiring a continues effort to lower operating cost. 5. review all aspects of the business personally, always seeking the most efficient/cost affected methods. 6. errors will be made, learn from the mistakes, failure to act is very expensive.[/QUOTE]