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If you've been trying to observe the nature of new small/medium
businesses sprouting around, maybe you've noticed that among those are
pan de pugon bakeshops, pawnshops, spas, restaurants and, yes, junk
shops. New junk shops are opening in places where only "clean"
businesses are only expected to open, and even where no businesses seem
to open. When we recently received an email inquiring how to start a
junkshop, it became clear that this "dirty business" makes clean money
(while helping the environment at the same time).
Why are junkshops sprouting? There
should be some reason why junkshops are mushrooming everywhere. Maybe
we've become extra concerned with our environment and are doing business
through recycling. It could also mean the opposite -- maybe there's not
much opportunity around. It's relatively easy (and capital-free) for
members of the low-income group look for other's trash and sell it to
the junkshops. Or maybe it's because there's money in trash. According
to [You must be registered and logged in to see this link.], the "Recyclables’ Collection Event (of the Earthday Network Philippines, the [You must be registered and logged in to see this link.] [a non-profit organization, mind you], [You must be registered and logged in to see this link.],
and many other organizations) has collected over three milion —
P3,143,345.00 worth of recyclables (monetary equivalent) to be exact,
from garbage."
How to start a junkshop business. The
short email we received from Sarnel reads: "i would like to know more
how to start a junk shop. please help on this. thanks and regards". I
could imagine that the process is pretty much straightforward. Look for a
good location. [You must be registered and logged in to see this link.]. Look for [You must be registered and logged in to see this link.]
or central junkshops where to sell, ask for the kinds of junk they buy
and how much the buying price for each item. This is crucial in order to
determine how much you're going to buy from others (add your costs and
target profit).
Be careful of "fencing". [You must be registered and logged in to see this link.],
as used here, is not one of the sports of Richard Gomez. It refers to
the "act of any person who, with intent to gain for himself or for
another, shall buy, receive, possess, keep, acquire, conceal, sell or
dispose of, or shall buy and sell, or in any other manner deal in any
article, item, object or anything of value which he knows, or should be
known to him, to have been derived from the proceeds of the crime of
robbery or theft." It's basically buying stolen materials. It is a
criminal offense punished by [You must be registered and logged in to see this link.].
We've handled a number of cases involving the theft of one of the more
expensive junkshop items -- tanso (copper). For junk shop owners or
operators, the most problematic part of this law is this -- mere
possession of any good, article, item, object, or anything of value
which has been the subject of robbery or thievery shall be prima facie evidence of fencing. In short, be careful with what you buy.
businesses sprouting around, maybe you've noticed that among those are
pan de pugon bakeshops, pawnshops, spas, restaurants and, yes, junk
shops. New junk shops are opening in places where only "clean"
businesses are only expected to open, and even where no businesses seem
to open. When we recently received an email inquiring how to start a
junkshop, it became clear that this "dirty business" makes clean money
(while helping the environment at the same time).
Why are junkshops sprouting? There
should be some reason why junkshops are mushrooming everywhere. Maybe
we've become extra concerned with our environment and are doing business
through recycling. It could also mean the opposite -- maybe there's not
much opportunity around. It's relatively easy (and capital-free) for
members of the low-income group look for other's trash and sell it to
the junkshops. Or maybe it's because there's money in trash. According
to [You must be registered and logged in to see this link.], the "Recyclables’ Collection Event (of the Earthday Network Philippines, the [You must be registered and logged in to see this link.] [a non-profit organization, mind you], [You must be registered and logged in to see this link.],
and many other organizations) has collected over three milion —
P3,143,345.00 worth of recyclables (monetary equivalent) to be exact,
from garbage."
How to start a junkshop business. The
short email we received from Sarnel reads: "i would like to know more
how to start a junk shop. please help on this. thanks and regards". I
could imagine that the process is pretty much straightforward. Look for a
good location. [You must be registered and logged in to see this link.]. Look for [You must be registered and logged in to see this link.]
or central junkshops where to sell, ask for the kinds of junk they buy
and how much the buying price for each item. This is crucial in order to
determine how much you're going to buy from others (add your costs and
target profit).
Be careful of "fencing". [You must be registered and logged in to see this link.],
as used here, is not one of the sports of Richard Gomez. It refers to
the "act of any person who, with intent to gain for himself or for
another, shall buy, receive, possess, keep, acquire, conceal, sell or
dispose of, or shall buy and sell, or in any other manner deal in any
article, item, object or anything of value which he knows, or should be
known to him, to have been derived from the proceeds of the crime of
robbery or theft." It's basically buying stolen materials. It is a
criminal offense punished by [You must be registered and logged in to see this link.].
We've handled a number of cases involving the theft of one of the more
expensive junkshop items -- tanso (copper). For junk shop owners or
operators, the most problematic part of this law is this -- mere
possession of any good, article, item, object, or anything of value
which has been the subject of robbery or thievery shall be prima facie evidence of fencing. In short, be careful with what you buy.