Franchise and Business Opportunities Articles

Toronto, Canada - PROSHRED®’s expansion program will see its next new office in Baltimore.  John Prittie, President, is particularly excited as Baltimore fills another key market in the North East.  The company has offices in NY, MA, CT, PA and now MD.  PROSHRED®, established in 1986, is known as the pioneer of the booming multi-billion dollar shredding and recycling industry.   Prior to launching its current USA expansion in 2003, the company opened franchises throughout Canada. 

Maryland Franchisee, Martin Fisher has extensive Security Industry experience. Most recently, Martin served as EVP, CFO and Board Member at Dunbar Armored, the nation’s largest independent armored car company. Martin is a licensed CPA and Harvard MBA. Upon executing the Franchise Agreement Prittie commented, “We look forward to utilizing Fisher’s security industry experience to further enhance our U.S. information security presence”.

Identity theft continues to afflict millions of U.S. consumers, according to a financial industry study. About 9.3 million people were victims of the crime in the year studied. It is believed that that one in every 23 consumers is a victim of identity theft.

Against this backdrop, Federal and State governments have promulgated new laws which create new privacy rules. More specifically the U.S. Fair and Accurate Credit Transaction Act is intended to combat fraud and identity theft. FACTA was recently amended to further reduce the risk of the improper disposal of consumer information. The revised Act requires anyone who possesses consumer information for a business purpose to properly dispose of such information by taking measures to protect against unauthorized access to or use of the information during its disposal. Further, it allows for harsh penalties for those who do not comply.

Similarly, Maryland has been in the forefront of Identity Theft legislation. This year Maryland passed two important identity theft measures: breech notification and security freeze. Starting January 1, 2008 the Breech notification law requires companies to notify consumers if their personal information has been compromised.

About PROSHRED®: 

PROSHRED® shreds confidential documents and materials for thousands of customers in all industry sectors and is the only mobile shredding service to have earned ISO 9001: 2000 certification.  PROSHRED® is the first company to offer service for home based businesses and residential consumers with its RISC™ Management Program.