Paper Shredding Business Opportunities are blossoming up everywhere because in recent years, privacy concerns and new policies have forced companies all over the country to invest in paper shredding services. Large corporations and small are in need of shredding services.
Even in many homes, people have purchased small, trash can sized paper shredders for mail and receipts. Most businesses will not be able to shred the material they have by purchasing one of these same machines. First, the small machines are not capable of the volume. Secondly, companies in general are downsizing staff and it is unlikely that they are going to pay someone to feed documents into a tiny shredder all day.
That is where you come in. Investing in a paper shredding business now is like buying a gold mine. The list of documents the Federal Government says must be destroyed is getting lengthier everyday. Every time you sign a document, be it a job application or a credit card receipt, there is a time limit that the receiving company has to hold that document. After that time limit, they are required by law to destroy, or shred, that document.
Large corporations can take in thousands of signed resumes' a year. Restaurants and retail outlets that have not gone to electronic signature devices can have thousands of credit card receipts a month. Think of all the banking records that come due for destruction every week. Now think about the amount of tax documents that need to be rotated and destroyed every year. These are just a few examples of the growing necessity of paper shredding businesses for confidential document destruction.
Mobile shredders are a fantastic investment, as the shredding device is built into the back of a large truck trailer for onsite paper shredding. This allows the shredding company owner to go to the client for onsite shredding. Companies spend thousands of dollars warehousing these documents that often get kept years past their required time because no one wants to deal with all that paper. Mobile paper shredding would allow you to go directly to their warehouse or storage facility. Clients will appreciate not having to pay someone else to have all of this information brought to you.
Even in this electronic age, there are still things that will be in paper form. Recorded documents and legal papers are still required to have pen and ink signature. Many companies are even having computer components such as hard drives and floppy disks shredded for security purposes. The federal government requires such stringent privacy laws due to identity theft and fraud, that nearly any document with a name and address on it must be destroyed after a certain period of time. This continuing process virtually guarantees that a confidential paper disposal service would thrive in the right hands.
Time limits for document destruction will play in your favor as well. Nearly every set of documents has a different holding date. For example, resumes and cover letters have a hold date of one year, if the applicant was not hired. Hired applicants can have part of their file destroyed in three years, for example, the application and some privacy statements. Corporations as well as individuals are required to keep tax records on file for three years. Companies that process financial data, such as banks and paid tax services, will always have documents that are in need of destruction. This gives you the perfect opportunity for a home employment paper shredding business.
Things to consider when thinking about a paper shredding business will depend on what type of service you wish to offer. Having a fixed location where people can bring their records to you for destruction is one idea. However, it is worth considering purchasing a mobile shredding unit in addition to this or even as the sole business operation. Mobile paper shredding will allow you to be even more flexible to your clients needs.
The demand in this industry will only be growing in the coming years as laws and policies change. It is clear that this is a growing enterprise. Be it on site shredding with a mobile shredding unit, or a permanent paper shredding location, you can be sure that there is a public in need of this critical service.
? Copyright Randy Wilson, All Rights Reserved.
Randy has dozens of home based business articles such as best home based internet business, best home based internet business and best home based internet business.
on demand house cleaning Winnetka ..Company mottos can easily be printed on a business card.Sometimes... Read More
Habit: A consistent behavior you perform so frequently that it... Read More
A cherished business doctrine is that growth must be a... Read More
It's just like a marriageTo expect a bank manager or... Read More
No matter type of business you operate you've got to... Read More
The air in my client's office nearly crackled with her... Read More
If you intend to franchise your company you will need... Read More
Rule 15C211Under SEC Rule 15C211, a U.S. securities broker or... Read More
1. Leadership Is Learned ? While many people appear to... Read More
I love work, I can watch it all day.I am... Read More
The modern Franchise business model and the much different business... Read More
Small business success is very similar to learning to walk,... Read More
When do you need to get more involved with the... Read More
There are only a handful of car wash franchises in... Read More
One of the hidden perks of raising six children is... Read More
Winning small and home based businesses today must continually shake... Read More
Becoming a contractor or sub-contractor for the U.S. government can... Read More
What is a guru?A guru is a teacher. A mentor.... Read More
Often smart entrepreneurs look for out of the way businesses,... Read More
As a business owner, you already know how important it... Read More
So there I was ? sitting in the audience of... Read More
So you want to get into the auto detailing business... Read More
Looking for ways to boost your cash flow? As a... Read More
You can provide affordable health care plans to your employees.... Read More
How far can you go based on your relationship with... Read More
house cleaning near Wilmette ..I have to admit, I was curious. When I saw... Read More
Your on-line success is based on your efforts and yours... Read More
In my 18 years of consulting I have heard it... Read More
So it's time to invest some finances into advertising your... Read More
Whether you operate a chain of restaurants, a mom-and-pop convenience... Read More
CARD SHARK7 Card Tricks That Improve Your Personal Networking PowerThe... Read More
You may be in Mail Order, Direct Mail, or you... Read More
I am simply amazed at the problems some of my... Read More
It is not surprising that some people may perceive Six... Read More
Large corporations use employee manuals to both educate employees about... Read More
You need to be visible to attract customers, right? But... Read More
Do you have all the customers your business can use?The... Read More
To get approval for your small business loan application, you... Read More
I agree that knowledge should be free, but the next... Read More
In the heavy equipment cleaning business you can make good... Read More
How do marine type businesses start? Have you ever thought... Read More
One of the major complaints in the QSR Quick Service-Fast... Read More
To maximum potential profits and dollars in a mobile washing... Read More
It's obvious when a small business has accepted the fact... Read More
I was floored! I couldn't believe what they were saying!... Read More
What is a Family Business? A family business is basically... Read More
The reason we Franchisors call it an exclusive territory is... Read More
Starting a business? For many people, the bravery to venture... Read More
There is a Batting Cages Business for those people who... Read More
The Customer Analysis section of the business plan assesses the... Read More
Small Business |