Connections
Top of the Line Commercial Paper Shredders
A friend of mine is an accountant for a large law firm in Seattle that used to use a mobile shredding service. Over the course of 4 years, they paid that company close to $16,000 to shred and haul their sensitive documents on an ongoing basis.
It was an impressive figure, especially considering they could have bought their own industrial shredder for closer to $10,000 and operated it for a lot less than the difference and for a lot longer. In addition, their sensitive or confidential documents would be destroyed in-house.
What Does a Commercial Paper Shredder Do Exactly?
Yes, it’s pretty simple, industrial or commercial paper shredders shred paper. But these units are significantly larger and more powerful than anything you’ll find at Staples.
A basic industrial shredder can handle upwards of 90 sheets of paper at once, making mincemeat out of 40-50 feet of paper every minute. A standard, entry-level shredder weighs around 600-800 pounds and is about the size of a large photocopier. These are machines built to do one thing really well – shred.
What Types Do You Have?
Lloyds of Indiana sells 4 models of top of the line commercial paper shredders, ranging from Read more
Avoiding Common Mistakes When Negotiating Printing Equipment Leases
In the printing industry, equipment leases are a massive money maker and estimated to be worth about $3 billion. Sign shops, print providers and small print shops are leasing everything from presses and copiers to colorimeters and UV printers in an attempt to stay on top of changing technology without having to make massive capital investments.
In fact, I’d be willing to bet you have at least one piece of leased equipment in your shop right now, if not more.
And, while a lease payment is often significantly cheaper than a loan payment, those costs can still add up. But did you know that carefully reviewing every lease can save you as much as 5 to 15 percent over the total cost of the lease? So, how do you do it?
Always Get Quotes
Your clients will visit multiple printers for quotes on jobs, so do the same with your next lease agreement. Remember, you don’t always have to lease from the manufacturer itself, so get multiple proposals from various leasing companies and let them know they’re bidding for your business.
Get All the Documentation With Every Quote
Before you can really evaluate a proposal or quote, you need to see the fine print (because that’s where a lease can hurt you). So, ask the bidding lease company to Read more