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Many people have realized the fact that gold prices are [url=http://www.shewyne.com/peutereyoutlet.html]peuterey outlet[/url] continuously rising. The recent governments shots of paper currency into the economy creates immediate inflation [url=http://www.shewyne.com/peutereyoutlet.html]peuterey sito ufficiale[/url] of that money, which then hard disks up the value of gold and silver. This recent climb in [url=http://www.mnfruit.com/airjordan.php]jordan pas cher[/url] the price of precious metals has hatched a brand new business model of buying and refining old used jewelery and scrap gold. A particular niche area that has not yet been fully recognized to its potential, is the gold buying home based business or [url=http://www.fayatindia.com/giuseppe-zanotti.html]giuseppe zanotti[/url] gold party.

A home business based around purchasing scrap gold is a relatively simple and lucrative business to start up. Just about anybody armed with some basic knowledge as well as willing to invest a moderate amount of start up capital can succeed in this business niche. Where and how you get that knowledge can also determine your success and failure. There are many training courses available for an eager entrepreneur looking to break into the gold buying home business. Some of these options will come with the hefty price tag attached. It is perfectly acceptable to pay for an informational program to help you get started in the scrap gold business, however there are many training courses available online that are completely free. YouTube hosts many movies on how to start a gold party business and they are stuffed full of high quality info. The choice is yours whether you decide to pay for you information, or search it out for free, and does not have an impact on you success either way.

The next thing you are going to need is some precious metal buying tools. These tools can differ from one buyer to another, however, many staples are going to be absolutely essential. You will get hundreds of tools to make your gold buying kit, as well as the bare minimum you are going to have to buy these five items:

The gold tester
A precision scale
A jewelers lighted loop
A lock box or small safe
An uncommon earth magnet

Most of these important items are very inexpensive. A precious metal tester is going to be your priciest item and is the one that will vary in price the most. Many people are fine with buying and using inexpensive chemicals, called acid tests. While others goes with the top of the line electronic evaluators. I would suggest a mid level electronic tester for most people beginning a gold party business.

The next thing you'll need is to acquire some marketing, advertising and promotional materials. You can contract with a graphic designer to develop these things for you, however that can be very costly. Another option is to buy a few previously developed material available for your use and organization branding. This is an easy option and should [url=http://www.shewyne.com/moncleroutlet.html]moncler sito ufficiale[/url] only run at minimal cost. The final choice is to develop this material yourself. This is [url=http://www.rtnagel.com/airjordan.php]nike air jordan pas cher[/url] actually the most cost efficient option, if you're [url=http://www.rtnagel.com/louboutin.php]louboutin pas cher[/url] graphically inclined and already have the graphic development software program needed. However I do caution that these graphic software tools could be expensive and have quite a significant learning curve. All these choices will require you to self print (either on a home printer or at a local printing shop) when you plan on utilizing hard copies of the promotional material.

The last basic faucet of starting a home based scrap gold buying business is selling your acquired scrap gold. This requires you to provide the recently purchased old jewelry to a refiner so they can smelt the product, and pay you on the weight of its gold content. This is a critical step of your business, and something that should [url=http://www.jordanpascherofficiele.com]air jordan[/url] not be taken [url=http://www.gotprintsigns.com/abercrombiepascher/‎]abercrombie pas cher[/url] gently. There are many companies and websites out there that claim to be able to get you started in the gold party business and will pay out for your efforts. Be very wary of these companies. They will use you as a contracted agent to accumulate scrap gold for them, which they then send to a refiner, and only compensate you with a percentage of the refiners check. There is no need to have a middle man when you are starting a gold buying business. However these companies will make it seem like they are required, [url=http://www.mnfruit.com/airjordan.php]jordan[/url] and it requires them to build your business more successful. In actuality just about all they are doing is taking your scrap gold as well as sending it into a trustworthy refiner(and it is not them don't let them fool you). And for [url=http://www.moncleroutletosterblade.com]moncler[/url] just being the middle man, they will take a good portion of your potential profits. These middle men do nothing but skim [url=http://www.shewyne.com/woolrichoutlet.html]woolrich sito ufficiale[/url] your own profits for simply reshipping your own scrap gold.

These types of companies understand that many people seek out simple convenience, and they know that finding a good refiner is very hard. So they pray on this fact, and make it seem convenient to use their "services." It is very difficult to find a reputable gold refiner. A simple Google search will only result in a long list of these middle men I have already warned you regarding. You are going to have to do your homework here to get a good refiner, that will pay a premium rate. You may also have to do some small runs to test out someone you have researched. Refiners also have different payout structures. Many will pay better with larger shipments, some with smaller sized. Some charge an assay fee, some give better results if you want gold bullion rather than a check. This will be the most important part of your start up business. You should never scrimp in finding a refiner. Getting a good set of refiners from the beginning can save you lots of early frustration and could mean your ultimate success in the gold party business.

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