
Of course, in return, you will have to pay royalties and you will certainly lose part of your independence, but the long-term benefits will more than likely cancel out these losses. First of all, you will be able to rely on the skills and know how of an already established brand.

Joining an existing franchise is an interesting alternative on many levels. When deciding the type of structure you want your business to take, you can go with one of two options: creating your own independent scrapyard business or joining a scrap yard franchise. Positioning yourself on the scrap yard market: independent or franchise Try to identify your most profitable competitors and what additional services you can offer to set you apart from them and/or increase your turnover.

Conducting market research for a car scrap yard.Here we review all the steps you will need to take to start your business, including: Are you planning on opening up a scrap yard, but wondering where to start? Then this guide on how to open a scrap yard is for you.
