Have a plan to start a shredding business? Absolutely Fabulous. This is an attractive, rewarding area - and it is growing rapidly as more and more organizations realize the need for pressure for real information security. Three things you should know before starting a shredding business. Starting a shredding business – many folks in the industry call them “information destruction companies” – isn’t as easy as it might sound. It requires a significant investment of time and capital, and the stakes are rather high. Forbes says that eight out of 10 – 80 percent! – of entrepreneurs fail within the first 18 months of going into business. When you’ve taken on the financial responsibilities that go with running a shredding business, you do not want to be part of that club. It is very possible to start a shredding business which stands at the test of time. how? There is no magic formula ... but following these three tips you will be ahead in the game. Tip 1 To start a shredding busi...