The first thing you need to do prior to opening a successful scrap metal business is find the right location. You have two general choices, depending on where you live and what the zoning requirements are with your city. You can select a location which is far away from other recyclers, and have less competition but start off with less customers, or you can select a location near other recyclers, this will increase your competition but will jump start your business faster having customers around the area.
