Method of trading old Iron and Tires!
Old Iron Business You can start a profitable business with discarded old iron, tin, copper products. Yes guys we are talking about old iron business. This article will discuss how to become self-sufficient by trading with scrap iron. Before starting this business, we may have a little hesitation, such as how to collect old iron? And how to recycle these irons? Where to sell? About these things. You can know the solution of everything through this article. This business can be called 100% unique and profitable business. The job of this business is to first collect old iron and tin, copper and recycle them and sell them to material companies. If you have a low budget, you can collect old iron and sell it to a recycling plant. If the business capital is high, you can build a recycling plant yourself. Various types of machinery and manpower are required to build a recycling plant. How to start Old Iron Business To start this business first you need to make a plan. How you want to proceed with this business and raise enough capital for this business. If you are just collecting scrap iron and selling it to a recycling plant, no such plan is needed. But if you want to build a recycling plant, you first need to decide how to collect scrap iron. After that, adequate space and machinery must be collected for the construction of the recycling plant. After that, you have to source where to sell the old irons by recycling them. Also skilled manpower should be hired to work in the recycling plant. Starting a recycling plant business will require a lot of space. Because different goods have to be collected and stored, and machinery will need a lot of space to be placed in the right place. It would be best to contact any organization doing this related business and gather ideas from them. Capital to trade old iron It is not possible to say exactly how much capital you will need to start this business. The issue of capital will totally depend on how you are going to start the business. If setting up a recycling plant, the cost of hiring the manpower along with the cost of purchase of machines, purchase or rental of premises will be required. All in all, to start a recycling plant business, at least 15-20 lakhs will be required. If you only want to collect old iron and sell it to various recycling plants, you can start this business with 15,000-20,000 rupees. With this money, first you have to buy a van, then you can buy some ropes and measuring instruments and go around different areas to buy old iron at a low price. You can know the price of old iron. How to collect old iron If you are building a recycling plant then you have to buy these scrap irons from various vendors (who go around to different areas and buy scrap iron) as tonnes/man. Also you can collect them from different areas by having paid hawkers. If you want to collect scrap iron by ferries from different areas. Then you can easily buy a van and a measuring device and go to different areas to collect old iron or similar items. Recycling old irons A type of machinery is used for recycling old iron. Generally these machines are called iron machines. But these machines are called by different names in different places. You can easily recycle old iron with the help of this machine. Watch the video below to get more idea about old iron recycling method, and this business. Profit margin in business The profit margin of this business will depend on the scope of your business. Also the profit margin of the business is calculated depending on the dollar price at different times. It is believed that this business will earn at least 15,000 to 30,000 rupees per ton of goods. If you can do this business for 5 years properly, then you will have an idea about the market of this business and know about all the policies of the business. Gradually your profit margin will increase in this business. Old Tire Business You can set up a profitable business by collecting the old tires of old buses, trucks, tomtoms, microbuses, lorries. In this article we will discuss about old tires business. How to start this business, how much money to invest and how much profit margin there will be. Many of us are looking for a unique profitable business idea. Old tires business is one of the most unique and profitable ideas today. So it is a potential business sector for us. There is no chance of loss in this business if you follow the complete procedure. But you have to be very diligent to start the old tire business. Recycle business of discarded old tires is called scrap tire business or tire recycling business in one word. You can earn 20,000 to 40,000 rupees in the beginning of this business. And after setting up the business completely you can earn more than lakhs per month. Basically three main products are made by recycling waste tires in recycling plants. Fuel oil or fuel oil. Steel wire or steel wire. Carbon. Fuel oil is mainly used as fuel oil in mills. And steel war is melted down to make new products. Thousands of products like soles of shoes, rubber, plastic are mainly made with carbon. How to Start a Tire Recycling Business There are 2 types of waste tire recycling business you can do. You can start recycling tire business according to the amount of money you have the capacity to invest. There are 2 types of business: Business of selling scrap tires. Scrap Trier Recycling Unit. Business of selling scrap tires If you want to start a used tire business with little money, you can start a scrap tire selling business. In this case, your job is to