tough tactics for tough times

Doing scrapping as a business is a lot different than as a hobby or side job. The key is to maximize returns. I remember a lesson from Economics class- almost any business can increase profit by doing something with their wastes.

We already work with wastes, but there are still things that we can do differently. For example, if you scrap computers, can you do something with the plastic? Can you do something with pallets? Can you....



The other key thing is to make sure that your lots are paying the most that they can. This means not sending items in to buyers that won't make you anything after shipping. It means not pulling things that won't give you much of a return.

The best friend in the business is a spreadsheet. I spend a lot of time in LibreOffice Calc, and it's time well spent. Planning never hurts. Not planning, though, can kill you.