According to the National Association of Information Destruction (NAID), document destruction in the United States is a multi-billion-dollar industry. David Lane, President of Lane-Link Group Inc., was quoted saying that the document destruction industry continues to grow at a rate of 35% per annum. This increase is primarily due to recently enacted privacy legislations and heightened concerns about data breaches, identity theft, and safeguarding work and personal information.
The PROSHRED® document destruction franchise program is an opportunity for franchisees to participate in a growing market while helping customers comply with safety regulations. In addition to exponential growth in the shredding business, PROSHRED® franchisees are capitalizing on outsourcing trends as new customers are looking to reduce costs and improve productivity.
PROSHRED® Security understands that recurring revenue streams are desirable. In the shredding business, once a regularly scheduled customer is secured, the recurring revenue stream becomes significant. PROSHRED®’s clients have proven to be extremely loyal, and as a result there is very little attrition. In addition to the revenue that comes from customers, PROSHRED® also earns income on the shredded documents and data generated from their customers.
PROSHRED® Security franchisees enjoy the many other benefits including:
- Being involved in a B2B operation which typically runs Monday to Friday 9-5 leaving room to have a great work/life balance
- Being proud contributors to a cleaner, less wasteful environment through our local recycling programs
- Having loyal customers who are mainly made up of businesses that pay their bills on time
- And much more!
To learn more about joining the PROSHRED® Security franchise fill our our application form!