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

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Unexpected profit - Should I give a kickback? - Page 4

| General - Let's talk business

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    TMoney started this thread.
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    Unexpected profit - Should I give a kickback?

    One of the guys I regularly get scrap from has a business replacing water pumps, and tanks. About once a month he gives me a load of mixed scrap from his business. I estimate the weight of the load and give him half of the shred value. This leaves me with a decent profit after processing the scrap.



    The last load was very small and only about 200lbs, so I gave him $10. One of the few items in the load was a submersible Gould's pump that he told me still worked. I looked it up, and saw that they sell for $700 new, so I put on the local classifieds. I stated that it was believed to be working but untested, and said make me an offer. I ended up getting $150 for it. Now I'm wondering if I should kick back some of the profit to my source, or just stick to our standard arrangement.

    Thanks for your input, and sorry this post was so long.
    Last edited by TMoney; 05-12-2013 at 07:23 PM.

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