5 Ways Your Business Can save Money by Going Green

It’s not just the rewarding feeling you will get after deciding to make your business more environmentally friendly, but the real reward in form of a higher bank account balance. A global survey was conducted only to prove true what you have been thinking for quite some time now: consumers love green businesses, and more importantly, they’re willing to pay good money for them. Around 55% of shoppers would pay extra if a company has a good green reputation. What’s more, investors are more attracted to making deals with those who are officially praised for protecting the planet.

Admittedly, these are all excellent reasons to start implementing these changes to your system as soon as possible:

Encourage work from home

Thanks to advancements in technology, more and more people are asking their employers if working from home is an option. On the one hand, this would seriously decrease the level of exhaust fumes produced by commuting. On the other, you would significantly cut costs on so many levels. You would be able to employ one more person without investing in a new laptop, for instance. Also, it gives you a chance to hire a professional from abroad and get the best value for your money. The utility costs are a worker’s concern, too, and they’re able to put in more hours if needed since they aren’t wasting their time on commuting.

To print or not to print

Nowadays it’s not all about using recycled paper, but the whole talk about saving the trees has been risen to a whole new level. Actually, the level is sky high, all the way to the clouds. Indeed, cloud computing enables employees to access and share information wherever they are. You can use mobile devices to check the information on the cloud, and there’s no need for maintaining expensive server equipment.

Of course, some of your documents may still need to be printed out, but there’s a way around it, too. Stop the bad habit of throwing away ink cartridges and join the 7% of Australians who are reusing them wisely. There’s no need to place new orders when you can simply refill the existing cartridge. You’re using printers on a daily basis, so just imagine the annual savings.

Tax credits

Believe it or not, but there are certain government incentives for all businesses which can prove they indeed are “green” and taking care of the environment. You could become rewarded for increasing your overall energy efficiency, introducing solar power, encouraging recycling, and so on.

Diminish the building energy footprint

Similarly to any other entrepreneur, you too dislike getting high utility bills. However, did you know it’s actually possible to reduce energy usage by 80-90% if you use the right construction methods? If by any chance you’re able to build your business premises from the very beginning, explore all the green options and add them to the building. The investment will definitely pay off in the long run. For those who are unable to redecorate the whole building, try at least replacing the windows, or maybe adding a solar heater or some source of solar power.

Install compact-fluorescent (CFL) or LED lights

The initial surprise at their price will soon be forgotten once you realise how durable and energy efficient they are. Most of the fixtures can use either of these lightning forms, so you can actually save up to $200 per light bulb. The secret is probably in the fact that ordinary light bulbs spend too much energy on heating (even though we don’t feel it) instead of lighting.

Some of the proposed alterations require more effort than the rest, but they’re highly recommendable. Not only will going green save you money, but you’ll be attracting more and more customers and investors to boost your business. Therefore, by investing in environment, you are actually getting much more than you bargained for.

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