Firstly, you will need to think of ways of reusing scrap waste. Familiarise yourself with the types of metal being recycled these days. If possible, hire an assistant who can help you make tough decisions. Look for up to date information on the recycled metals market prices to work out if your business can turn into a profitable venture.
Try and visit the local metal recycling center to examine their operations. It will also help you form bonds with important people. Talk to the experienced people to avoid making mistakes.
Then comes the hardest part, which is to look for scrapped metal everywhere. Talk to the local manufacturers and see what they can offer you. Sometimes, it is good idea to talk to the hotels, restaurants, bars, gas and electricity facilities, hospital and factories for collecting waste material.
Turn the scrap metal into raw metal by processing it at the plant. Several process including sorting, cutting, weighing and compacting must take place to ensure the metal meets the required standards. Consider promoting your business by preparing a suitable marketing strategy.