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Do you get the big picture in the business

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  1. #1
    Russell's Avatar
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    This post is great, except for one thing...

    You're assuming that everyone on here is a commodities dealer. I charge; because I can. We provide a service so there are other prices to pay. I think understanding what your business goals and motto are will allow oneself to differentiate themselves. One is right or wrong, just different. There has to be an understanding of target markets before you apply yourself.

    I will just use an example for say... appliances. If you pay your direct profit margin is greatly affected. What you lack in margin you make up for in volume which affects logistics. Buy paying you are also bringing certain terms to your clients ( the appliances must be outside etc..) therefore you save time, labor, insurance, etc etc.



    I can charge because we are not deciding the terms we are performing under someone elses terms. ( hauling fridges out of basements or down 3 flights in an apartment building; which takes time, experience, insurance,labor, equipment, etc etc. )

    I don't think any angle that is used to bring business is bad as long as it is ethical and honest. I just think anyone should have the right idea about what their goals are and what their profit margins will look like. You can haul, charge, buy, pick up for free. If you dont understand what you're doing and crunch the numbers; you will fail.

    Russell

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  3. #2
    1956 started this thread.
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    Well Russell that was a very informative impressive thread ,and you are right not every ones business plan or specialty is the same, don't get me wrong we charge when the situation is right,
    what i was trying to lay out was a business model that has worked for me and i was just trying to show the new bees that there is more to scraping then chasing dumpsters. The bottom line
    is that you need material to sell in order to earn a profit. If what you are is a SERVICE PROVIDER than of course you have to charge for your services, this is the scrap metal forum and most of us are
    commodities brokers. By the way i like your logo my kid brother is in the trash removal business they remove trash from luxury condo and apartment complexes and there logo is different but similar. Happy Scrapping 1956.

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