Minimal amounts of time are needed for maximum returns to your wallet.
Rising operational costs means having to make savvy business choices, which is why many dentists and dental labs are choosing precious metal refining as a method of bringing an added source of income to boost their bottom line. Are you among the companies taking advantage of gold, silver, platinum and palladium refining services? If not, are you aware of the impact it can have on your business? At Cora Refining, we have over 40 years of experience in the dental scrap metal refining industry, and offer our four top tips for taking the time to refine
1. Scrap Settlements Are Added (and Unexpected) Income
Even if you only send in your scrap collection once a year, it could equal a nice sum of money. There is a decent amount of metal in every bridge; why not gather these bits of metal and send them to a quality and trusted refiner? It will add up. It can be invested, put back into your practice for miscellaneous expenditures, used for employee-related bonuses, or even used to attend educational conferences or events. However you choose to spend your scrap settlement money, the possibilities are truly endless.
2. Finding a Refiner to Trust
One of the most important aspects of getting paid for your scrap, is to find a refiner that you’re comfortable working with. You want a company that has strong relationships with their clients, one that values integrity and meticulous work habits, and also retains a knowledgeable and talented staff. Do your research and find a refiner with a great track record that offers direct contact; no middlemen in the equation.
3. Moving Forward with your Refining Vendor
Once you’ve selected a reputable and trusted refiner, get in touch with them directly. Ask for specific information in regard to receiving containers, shipping, and insurance. Your refinery is here to work with you, not to create more work for you. Ask questions so that you feel secure with your decision to begin the process with your selected refiner.
4. Have a System in Place for Collection
While there is definitive value in refining precious metal scrap, your practice might not have a system in place to collect it. Start with crown and bridges; dental offices with their own labs will have added methods to retrieve scrap such as vacuums, suction units and other techniques and equipment that will maximize your scrap return.