3 Ways File Shredding Minimizes Lawsuits Against Your Business

As you’re probably aware, running a business is not an easy task, and it is certainly not something that should be taken for granted. On top of managing the day to day running of the business itself, you will also be responsible for managing employees, dealing with complaints, generating sales, handling your finances, and making sure that your business stays on the right side of the law by avoiding fines and lawsuits that could so easily have been prevented.

You may not have realized it before, but every single one of your business documents in your office, either in your filing cabinet, crumpled up in your trash can, or stacked neatly, or untidily, on your desk, is a potential lawsuit just waiting to happen. File shredding companies over the last few years, have become more and more popular, and that trend looks set to continue for the near future. In spite of the fact that a great deal of business processes are now carried out via computers; paper documents still play a vital role in the business world, and that is simply not going to change any time soon. Here, we’ll be taking a look at 3 ways in which file shredding can eliminate the risk of your business suffering a costly and thoroughly preventable lawsuit.

Reduce risk of hazards in the workplace – Although you probably think that it will never happen, your business is at risk of suffering from a fire just like any other. Having bags upon bags of paper documents lying around, for example, puts you at a much higher risk of suffering a fire. All it takes is one malfunctioning circuit or even one magnified ray of sunlight through the window, and all of that paper could go up like a bonfire. Accumulating large quantities of paper, rather than disposing of it, could put you in trouble with the law; meaning you could face a pretty steep fine or further legal action, and that’s on top of having to deal with the aftermath of fire in the workplace.

Piles of paper can also be slippery and a potential trip hazard, which again, could result in a lawsuit being filed by a disgruntled employee who may have lost their footing on your stack of papers. Hiring a professional file shredding company, however, means that you don’t have to worry about any of the above.

Protection of client and customer data – Another benefit of professional file shredding is the fact that it can also help to protect client and customer data from falling into the wrong hands. Say, for example, a customer’s banking details fall into the wrong hands because you failed to destroy your paperwork. That customer could then file a lawsuit against you, which is the last thing you will want. By having those files shredded, this never becomes a possibility.

Protection of employee data – You will also obviously have your employees’ banking, accounting, and personal details in your office, otherwise you wouldn’t be able to pay them. Again, if you simply throw copies of their paystubs in the trash or any other file with personal information, and they suffer identity theft or have their accounts hacked into because of your negligence, they could also hold you liable. File shredding takes away any possibilities of this happening, which in turn also provides peace of mind for everyone involved.