Results 1 to 6 of 6

Some business advice...?

| General - Let's talk business
  1. #1
    Rees started this thread.
    SMF Badges of Honor

    Member since
    Jan 2014
    Location
    Sudbury, Ontario
    Posts
    3
    Thanks
    0
    Thanked 3 Times in 2 Posts

    Some business advice...?

    Hey all you scrappers,

    Rees' Recycling here from Sudbury On, I'm looking at expanding my business from free scrap removal to something bigger and looking for advice on what sort of equipment to buy first, and some advertising tips. I have a pickup with a 16" beaver tail car hauler with a winch. I was thinking maybe a roll off trailer and with a few bins once I've established contracts first. Not to sure anyways. And for advertising, I just have ads on Kijiji, I have business cards on their way from vistaprint.com. Any other advertising ideas?? Anyways any info would be greatly appreciated.

    Thanks,



    Rees' Recycling
    Sudbury ON

  2. The Following User Says Thank You to Rees for This Post:



  3. #2
    Mick's Avatar
    SMF Badges of Honor



    Member since
    Aug 2010
    Location
    Palermo, Me
    Posts
    3,405
    Thanks
    363
    Thanked 3,086 Times in 1,326 Posts
    Seriously, I'd not buy anything till you get started and figure out what you need as you go along. I assume, with a car hauler, you've got tie-down chains. So, you've got enough to get started. Go for it. If you find you need something, buy it.
    People may laugh at me, but that's ok. I laugh all the way to the bank.

  4. The Following 2 Users say Thank You for This Post by Mick:


  5. #3
    Patriot76's Avatar
    SMF Badges of Honor


    Member since
    Dec 2012
    Location
    Buffalo Commons
    Posts
    2,949
    Thanks
    10,591
    Thanked 7,218 Times in 2,256 Posts
    I agree with Mick. As your business expands, you will identify priorities. I try to get by with what I have until it just made sense to expand my equipment. Example I used a star wrench to replace flats until I realized a cordless ratchet would be helpful with this and pulling parts. Bought the best I could find and it goes everywhere with me. Same thing with a trailer winch. I used com a longs and chains to load equipment until I had to much to move. Then it made sense to buy and mount a winch on my trailer. Good luck on your expansion and keep us posted.

  6. #4
    redcrossnj's Avatar
    SMF Badges of Honor


    Member since
    Oct 2011
    Location
    central jersey
    Posts
    465
    Thanks
    28
    Thanked 243 Times in 143 Posts
    One thing I have learned , and I may be young (17 years old ). Is to only spend money and buy the tools when you need them , I started out with only hand tools and worked my way up. Just because you have money , doesnt mean you have to spend it. Your not the government. That money you spent on that "bargin"for tools could have been used to buy something you could flip or scrap. Thats just my 2 cents

  7. The Following User Says Thank You to redcrossnj for This Post:


  8. #5
    SMF Badges of Honor

    Member since
    Mar 2012
    Location
    Chesaning
    Posts
    472
    Thanks
    24
    Thanked 355 Times in 171 Posts
    I disagree with these post. You have to spend money to make it. As long as your motivated dive in deep. Cold calls and emails at night and work your ass off during the day.

  9. #6
    redcrossnj's Avatar
    SMF Badges of Honor


    Member since
    Oct 2011
    Location
    central jersey
    Posts
    465
    Thanks
    28
    Thanked 243 Times in 143 Posts
    I totally agree , that you need to spend money to make money but you dont need the fanciest or the newest tools . As long as it works and does its job , it doesnt have to look pretty , you can use that money to buy more scrap.


  10. Similar threads on the Scrap Metal Forum

    1. Replies: 39
      Last Post: 07-17-2016, 08:21 PM
    2. Business Advice
      By Ewizard41 in forum Scrap Metal Tips and Advice
      Replies: 8
      Last Post: 11-24-2013, 05:35 PM
    3. I love to do business where business is being done!!!!
      By metalbanc@yahoo.com in forum Introduce yourself
      Replies: 3
      Last Post: 10-31-2013, 04:17 AM
    4. Need some urgent cellphone advice and shipping advice
      By mascraps in forum Scrap Metal Tips and Advice
      Replies: 15
      Last Post: 08-26-2012, 09:07 AM
    5. Need a little advice.
      By worley76 in forum General - Let's talk business
      Replies: 1
      Last Post: 08-11-2011, 11:19 PM

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