Mobile paper shredding business is providing the service of securely and permanently destroying the outdated paper documents on your customer doorstep. An entrepreneur living in a city or suburban, having a network with business houses can start this business with substantial capital investment.
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 a pen and ink signature. Every document has a different holding time. Important paper documents must first be shredded as they may contain confidential business, employee, or customer information before throwing it into the bin.
Related; Profitable Paper Related Business Ideas
What is Mobile Paper Shredding?
A shred truck equipped with a paper shredder comes at your location at a pre-scheduled time. A shredding technical person transfers the documents that you want to shred into the shredder. The customer can watch their documents shredded in person during the process. This makes the customer feel conveniently secured as the documents are trashed at their own location.
Suggested Read: How To Start Profitable Recycling Business from Home
You will be also making money by selling shredded paper bales to recyclers to be processed and reused in the manufacture of paper-based products.
Here is a Stepwise Guide to Start Mobile Paper Shredding Business
1. Research the Market
The first thing to do before you start any business is to understand the local market. Carry on detailed market research and gather information about your target customers, competitors, pricing, etc.
2. Business Plan for Mobile Paper Shredding Business
Every prudent entrepreneur knows the importance of having a business plan. Determine your business objective and target consumers. Calculate your startup budget with machinery, vehicle, staffing, and promotional expenses.
A business plan is also required if you want to get funding from any financial institution. As the business is mobile you need to understand the conveyance expense and plan the pricing accordingly as per distance.
3. Legal Compliances
Determine a proper business structure under which you are going to operate. Obtain the required licenses and permits from the local authority.
If you stay in the United States, forming an LLC is a better option. Check this detailed guide on how to form an LLC for free.
4. Set up and Equipment for Mobile Paper Shredding Business
In initiating mobile paper shredding business you will need to have one office set up and vehicle fitted with an industrial paper shredder and a generator as a power supply. You can start this business by using your spare room or space at your home. Different types of industrial shredding machines are available.
Choose the machine according to your required output. Check the warranty period and the client’s testimonials before purchase. Get practical training from the machine supplier.
5. Get Clients for Mobile Paper Shredding Business
Every business corporations such as hospitals, factory, law-firms, education institutes retails are your prospective consumer. Having trust and reputation is the key factor to be successful in this business. In starting, go for some local newspaper advertisement. You can send emails to business houses detailing your service facilities. Register your mobile paper shredding business with trade associations. Create a website with testimonials of satisfies clients.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.