6 Steps to Starting Your Own Scrapping Business

Reasons scrap prices change

Many scrappers ask us for instructions on starting their own scrapping business or how to expand to get larger jobs and clients. We have the basic steps below to help you get your scrap business going on a larger scale. Each category has a linked article with more helpful details. Toward the end, we will guide you in creating a registered scrap business.

Step-by-Step To Start Your Scrapping Business

  1. Transportation – You have to have a way of collecting your scrap metals with a reliable vehicle or truck. Remember that brand-new vehicles will quickly be ruined with metals and sharp objects being thrown and moved in the back.
  2. Safety – When preparing to travel, collect scrap metal from homes, businesses, and other areas you want to be safe. Safety and knowing the right procedures are paramount to keep you out of harm’s way and also to keep you working.
  3. Advertise & Marketing – When you want to expand or get your name out there for scrap metal collection, you have to do the leg work and let people know about your services. Marketing your services through various media forms can help you.
  4. Necessary Tools & Work Area – Once you start collecting scrap metal and bringing it back home or to your workshop, you want a good place to work efficiently. Having a clean area and the proper place to process your scrap metal is important to make more money.
  5. Prepare Your Material – Now that you have processed and separated your material, it is important to get your load ready for the scrap yard. When you are getting your materials ready, be sure to separate everything the best you can and get in contact with a scrap yard.
  6. Prices Are Important – Keeping up with the current scrap prices is important before going to the scrap yard. Check scrap yard prices through the iScrap App from reported prices and also prices posted by the scrap yards listed in your area.

If you are looking to become a registered business for scrap pickups, which we recommend for those of you doing it full-time, you should register with your state. It is a simple process to register a small business with the state and the government provides you a checklist you can refer to. Each state is different with the scrap laws that you have to abide by as well, so be sure to check them.