How to start a scrap metal business

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How to start a scrap metal business
Start a Scrap Metal Business

Starting a business is a daunting task, but it's fairly simple if you start as a scrap metal junk dealer first before getting into the more complicated aspect of the scrap metal business. For this low end of scrapping, you'll need big empty containers and a truck, van or SUV to be ready for business.

Skill level:
Moderate

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Things you need

  • Containers
  • Truck, van or SUV
  • Heavy gloves
  • Advertising flyers

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Instructions

  1. 1

    Think of businesses that use metal-plumbers, electricians, landscapers (metal edging around gardens) and mechanics to name a few.

  2. 2

    Ask your neighbors for their junk metal. They'll be happy to have someone haul it away for them, and you'll be providing a useful service for the neighborhood.

  3. 3

    Request that your neighbors tell others about your business. It is true that word of mouth is the best advertising. What better way to get new business than by a satisfied customer telling someone else.

  4. 4

    Place flyers on the community board in coffee shops, grocery stores and laundromats, advertising your scrap metal business.

  5. 5

    Check newspaper for daily metal prices. Peruse yellow pages for scrap metal processors, and take what you've collected to these processors.

  6. 6

    Decide on scrap metal prices. After you've collected or gathered your scrap metal, figure out how to package and price your goods for resale.

  7. 7

    Subscribe to Metal World, Construction and Demolition Recycling and Fiber Market News. These are only a sample of publications that will help you get started with your scrap metal business.

Tips and warnings

  • Wear heavy gloves for protection to protect your hands while collecting scrap.

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