Mompreneurs – that is, moms who own their own small business – know a great deal about the business world. However, they may not realize the importance of shredding documents. You don’t need to save everything. Sure, some things, like bank statements, utility bills, and other things do need to be kept for a set period of time, based on whether or not they’re written off on your taxes. Other things can be tossed right away. Before you start making piles of paperwork to keep or get rid of, you first need to realize the importance of shredding them. Here’s the scoop, from document shredding services Bradenton FL.
The Law Says That Shredding Is Necessary
Since you run a business, you already know that importance of adhering to certain laws. Depending on the type of company that you run, you might fall under HIPAA or FACTA guidelines. These require you to shred certain items in order to conceal information. If you fail to do this, you could be penalized in a number of different ways. For example, you might be fined.
You Need To Protect Your Customer’s and Employee’s Information
Your customers and employees have to fill out documents in order for your business to run smoothly. This means that their social security numbers, names, addresses, and other identifying information is on those forms. When you no longer need the forms, you can’t just toss them in the trash – they need to be shredded. Otherwise, the wrong people might get ahold of that information and use it to steal their identities. This is a very bad thing that will be traced back to your business. You need to protect yourself and them by shredding documents. If you need help finding a shredding company, consider document shredding services Bradenton FL.
Shredding Is Environmentally Friendly
Did you know that shredding is an environmentally friendly practice? The shredded paper can be turned into mulch, tossed into a compost bin, or even used to protect breakable goods in a package. You can even use it as bedding for your children’s pet guinea pigs, mice, or hamsters. There are many different uses for this paper. On top of this, running a new shredder doesn’t use up much electricity. All that you have to do is pick out an energy star model.
Protecting Your Proprietary Information
Your business probably has a number of secrets. You don’t want your future plans falling into the wrong hands. Your competitors are probably looking for ways to get ahold of your information so that they can use it for their own gain. Things like designs, blueprints, and even notes taking during brainstorming sessions are all susceptible. Rather than offer this information up to your competitors (who might be dumpster diving for it) just shred it. They won’t be able to get their hands on your plans that way!
Every business needs to follow good shredding practices. This includes knowing what to shred and why. You need to set up a certain schedule in order to ensure that everything is taken care of properly.