Tuesday, May 26, 2009
How Spending $ on Shredding Can Save you $
Ever wonder how spending money NOW can save you money in the future? Let me explain. I will start with an example of what I am talking about. If you are a small to medium sized, or ever a large organization, most organizations spend money storing old records in a storage facility or with a records storage company. Consider the following example. A law firm has a 30' x 30' storage facility that houses over 500 legal sized banker boxes that are all at least 10 years old. The law firm spends approximately $600 a month for the storage unit. They have had records stored in this facility for over 25 years. Most of these records have never been looked at in over 20 years. So, they are spending over $7200 a year storing these records. Multiply this by the number of years they have had this storage facility, and it adds up to almost $20,000. So, how were we able to save them money. They spend approximately $2500 and we shredded over 400 of these boxes for them on-site for them. They were able to shift their records to a small, $200 a month storage facility with the reduction in 80% of their boxes. So, spending a few dollars enabled them to save almost $5000 a year in storage costs.
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