How to Start and Run a Successful Electronics Recycling Business
Scrapped electronic devices of all kinds contain gold, silver, and other non-precious recyclable metals like copper and aluminum. And there is no doubt about it, you can make money by starting a business that collects those scrapped metals and sells them at a profit.
If the idea of having an electronics recycling business of your own appeals to you – and it should – here are the basics of how your new business will function.
You will identify sources of scrapped computers and other electronic devices
You might decide to buy them at local recycling yards, at hospitals or colleges that no longer need them, or from other sources. Think of these sources as the places where you will intake the raw materials that your enterprise will process and profit from.
You will collect scrapped electronic devices and transport them to a central facility
You could collect scrapped electronic devices in your car, in a small truck you rent as needed, or in trucks your company owns. It all depends on how big your recycling company becomes.
You will send samples to Specialty Metals Smelters and Refiners for testing
We are here to tell you what you have and how much your scrap is worth. In general, testing is simple and inexpensive. Call us at 800-426-2344 and we will explain the process to you.
You separate the gold, silver, and other components in your electronic scrap
The way you do this will depend on the kind and quantity of electronic devices you have. You might only need to snip the gold pins from the edges of the circuit boards if you have only a small quantity of devices to process. If your company becomes larger and you have a lot of scrap to process, you might need to invest in an industrial shredding machine or other equipment. But the good news is, you can probably start with minimal investment because you are starting small.
You send your separated scrap to Specialty Metals Smelters and Refiners for processing
The consultants at Specialty Metals Smelters and Refiners will offer you all the information and advice you need at this stage. For decades, we have been helping our clients handle this step, and we are here to help you.
We process your scrap, extract the precious metals it contains, and pay you
This is the final step – the one that puts profits in your company’s accounts. It is also the step that turns the concept of a recycling company into a profit-making business.
Want Guidance? Call Us at 800-426-2344
We find our country at a time when big changes are about to take place in American business. Retail spaces are closing, businesses are downsizing, and colleges and universities are moving to online learning.
We project that those trends will increase the availability of unneeded computers and other electronic devices. Will you be prepared to profit? Then consider starting an electronics recycling company of your own.