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Below is an in-depth analysis and side-by-side comparison of Shred-it vs Supporting Strategies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 - And Up | $77,930 - $103,190 |
Franchise Fee | N/A | $60,000 |
Royalty Fee | - | 10% |
Advertising Fee | - | 2% |
Year Founded | 1988 | 2004 |
Year Franchised | 0 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 23 hours Classroom Training: 12 hours Additional Training: Online training |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Shred-it is dedicated to being the World's Leading Mobile Shredding and Recycling Company.
We have achieved this goal on the strengths of our people. Shred-it consistently delivers the greatest security, cost effectiveness, convenience and environmentally-friendly service available.
Our ongoing prosperity is a matter of continuing to attract the best
people to our organization - a core principle of our company from the
outset.