Earn money by collecting scrap

What you need:

• Trade license
• truck
• Customers
• customer

As with everyone Business start-up you should clarify in advance whether there is any need to collect scrap in your area, as more and more companies are being founded in this area. Because of the need for a vehicle, a certain amount of start-up capital should of course also be available.

Building an existence with scrap collecting - preparations

• In addition to the already mentioned needs assessment, you should of course also look around for companies that regularly have to dispose of scrap. In this way, you can consult potential customers in advance.
• You also need companies that you can send your scrap to on a regular basis.
• If you are a recipient of ALGI or ALGII, you should inquire about funding.
• Only when you have clarified all of this can you decide whether collecting scrap can be a lucrative business for you.
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Becoming independent with scrap - procedure

• Before you can start your own small business, you need a business registration in addition to a transport vehicle. You can obtain this from your responsible trade office. You can now start collecting scrap.
• After this registration you will receive mail from the tax office. Of course, they want to know what kind of business it is and what the sales expectations are. Fill out the forms and send them back to the tax office.
• When collecting scrap, you should always make sure that you can deliver it to a recycling company immediately afterwards. This is the only way to avoid the need for a suitable storage space, which would also generate costs again.
• If you have built up such a customer and recycling network, you do not need to worry about your future, because scrap is always generated and is also disposed of and recycled again and again.