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There are many reasons why the mobile document destruction business could be the ideal business opportunity for you. Consider this, it is a business to business service that requires few employees, and in most cases, state and federal legislation demand the protection of consumer and patient confidential information.
It is also a “green” business as the shredded material is eventually recycled and turned into new paper products. Revenue can also be recognized from the sale of the recycled paper, generating a second and often lucrative revenue stream for your business.
The mobile shredding business is typically a recurring service that is not only extremely sustainable but also very scalable. Typically, the low-turnover customer base consists of a large number of accounts that usually pay within 45 days. Bad debt is almost unheard of in this business.
Unlike franchises, there are no royalties, territory limitations or franchise fees.
Finally, it is a business that offers a multitude of exit opportunities. Much like the solid waste disposal business, the document destruction business has already experienced some industry consolidation which naturally increases the enterprise value of all other existing independent operators. So whether you are looking for a business to operate for generations or one that you can build and sell — this may be the business that you are looking for.
As with any business venture, knowledge is power and the best teacher is experience. We have over 40 years of combined experience in the industry. We have personally started, built and sold shredding businesses, and have assisted hundreds of entrepreneurs in starting their own companies. We can provide Sample Business Plans, operations manuals, and financing and budgeting resources.
The shredding industry is an exciting and rewarding experience, and we look forward to sharing our experience and knowledge with you.