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.
rental limo Atlanta .. Lockport Chicago limo O’HareMost small businesses will not even try to advertise on... Read More
Seems as though there are a lot of business closings... Read More
Why give freebies?We have all seen freebies at trade shows... Read More
Achieving real success should be the goal of any good... Read More
Why should you describe your business to others in 5... Read More
The less a business pays for goods and services the... Read More
Looking for a place to add a Quick Lube away... Read More
The day care industry is expanding. There are now more... Read More
You're pretty proud of yourself! After all, only four months... Read More
Many mobile car wash operators would like to add de-ionized... Read More
Take advantage of world politics today and start your own... Read More
American small business is again in transition. Many employees, now... Read More
You may find this Newsletter a little long winded but... Read More
Just recently, I took a break and caught "The Return... Read More
Financial Consultants are one of the fastest growing industries today.... Read More
If you're anything like me then you dislike with a... Read More
Do you like animals? Would you like to work for... Read More
Many small business startups fail within the first 2 years... Read More
Auto Detailing: Maintaining A Commercial Carpet ExtractorYou should drain your... Read More
Like most regulatory bodies in the United States, the Federal... Read More
Shopping for a franchise is easy if you know what... Read More
On June 8, 2004, the world witnessed what no one... Read More
If you interviewed business owners of failed businesses, a majority... Read More
If you want to start a business in 2005, and... Read More
Having their own business is something many millions of people... Read More
Bedford Park taxi to Midway ..You've heard it before; we're living in an information age.... Read More
Boston itself covers 50 square miles of concrete and traffic,... Read More
Here is an interesting case study of a company, which... Read More
Great question!Freeing your time is an indisputably key element in... Read More
No matter how small your small business is, it is... Read More
Pressure washing companies must look for customers in the retail... Read More
Here are just a few ways to increase and diversify... Read More
Just recently, I took a break and caught "The Return... Read More
BioTechs even with the latest news had shed over 1000... Read More
Quality control in franchising companies is paramount and all franchising... Read More
What does it take to grow a business and run... Read More
What was your aim when you went into business for... Read More
Before you start a business we encourage you to prepare... Read More
My 16 year-old daughter said, "Gee Dad! You look just... Read More
Remember the cleaning business is all about time ratio to... Read More
If you intend to franchise your company you will need... Read More
Hew Hampshire car wash market. Well we have visited every... Read More
One of the biggest fears people have about starting a... Read More
If you are a small business and qualify to participate... Read More
Many experienced auto detailing professionals who have started out using... Read More
Are you thinking of starting a small pressure washer business... Read More
A successful joint venture marketing effort is the goal of... Read More
Outsourcing is the strategic use of outside resources to perform... Read More
Writing a business plan for a mobile car wash is... Read More
Before you want to build your business, you need to... Read More
Small Business |