For the majority of businesses, both large and small, reducing overheads and increasing profits are the major tenets, but accomplishing this isn’t always as easy as it might sound. Cutting costs while keeping your customers happy requires a fine balance, but there are some other, greener ways to boost your bottom line while reducing overhead expenses.
Below are 4 green investments that your business could make to save money while keeping loyal customers more than happy:
1. Going paperless
This is something that many larger businesses have already adopted, but many smaller companies can benefit from it, too. By scanning and storing important paperwork and documents digitally, you can significantly reduce the number of hard copies you generate, and with the manufacturing of paper being the third largest user of fossil fuels, going paperless is a truly green solution.
2. Having remote workers
The pandemic saw many businesses adopt remote working practices, and as restrictions begin to reduce, many are discovering that remote work actually has a number of environmental and money saving benefits, both for the business and the employees.
3. Reducing electricity consumption
There are several ways that businesses of all sizes can try to reduce the amount of electricity they consume, from switching to energy efficient bulbs, to controlling the thermostat and reducing demand charges.
4. Going solar
This is arguably one of the most significant and effective ways to invest in the overall health, growth and sustainability of a business, and by switching to a solar power system, businesses can make huge savings on their energy bills, while reducing their carbon footprint; it’s a huge win-win.
With a variety of government incentives for installing solar energy systems, installation costs are kept to a minimum, and payback periods are dramatically reduced.
The power of green investments
While almost all money saving ventures such as those listed above, require a certain financial investment at the outset, they are virtually guaranteed to give a great return on that investment, while reducing costs over a longer period of time. Whether your business is big or small, if you can take steps to produce your own electricity, or go paperless for example, you can show your customers that not only do you care about them, but you care about the planet, too.
Solar power systems are an affordable starting point for businesses of all sizes to help save money while reducing their impact on the environment, and with government incentives in place to help, there’s no better time than now to make the switch to solar.
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