Mobile paper shredding business is providing the service of securely and permanently destroying the outdated paper documents on your customer door step. 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 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.
You will be also making money by selling shredded paper bales to recyclers to be processed and reused in the manufacturer of paper-based products.
Plan for Mobile Paper Shredding Business
Every prudent entrepreneur knows the importance of having and using 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.
Legal Compliances to Start Mobile Paper Shredding Business
Determine the business structure – OPC, LLP, Pvt Ltd or Ltd Company. Register the business with ROC. Obtain Trade Lice3nse from the local authority. Apply for pan card. It is important to have a current account in the bank. Apply for service tax registration.
Set up and Machinery for Mobile Paper Shredding Business
In initiating mobile paper shredding business you will need to have one office set up and vehicle outfitted 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 client’s testimonials before purchase. Get the practical training from the machine supplier.
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 e mails to business houses detailing your service facilities. Register you mobile paper shredding business with trade associations. Create website with testimonials of satisfies clients.