21 Dec 3 Ways How Going Green Can Improve Your Bottom Line
Nowadays, we’re all well aware of the environmental benefits of making green. When choosing to recycle and conserve resources, you are saving the planet for future generations. This ecological responsibility extends to your work life as well as at home. But the earth isn’t the only one to benefit from your efforts to go green. If you’re running a business, you can also enjoy monthly expenses savings. Here are a few tips on how you can save money by going green.
1. Encourage Paperless Meetings
At one time, experts were predicting the end of the paper in the office environment. Computers would replace paper-based processes like invoicing and annual reports in the coming years. While technology has changed many of those older ways of doing business, many businesses still prefer multiple reams of paper each week. With the emergence of tablets, companies no longer need to print out reports and use paper-based notes in the meetings. Your business can make an effort to run sessions off of your gadgets, eliminating the need to bring paper into your meeting. You’ll have an electronic paper that will make it easier to send copies of meeting notes and presentations to attendees once the session is over. Also, you’ll cut down on the amount of paper you order each year.
2. Automate Payroll
If you’re still paying employees by paper checks, you’re wasting so much money. This is doubly true if you are again sending those checks through postal service. Save your business postage and printing expenses by doing with paper-based payroll checks. This is true for your contractors and suppliers. If you can set up a system to quickly pay and get paid, you’ll see significant savings over a given year. A bank draft is the easiest way to transfer funds between your business and your employees and vendors. You’ll only need to get each employee’s banking information once, and then you’ll be able to move money from your account to theirs. The entire process will be more beneficial for all.
3. Cut Travel
If you’re traveling from meeting to meeting, you’re burning money for fuel. This fuel not only has an impact on the environment but your own business’s budget. Each trip will require you to spend money on hotels, meals, and transportation for each attendee. You also may find yourself spending money going out and dining clients to impress them and win the business.
Technology nowadays makes it possible to host and attend meetings from the comfort of your own office. You can launch a webinar by sharing your screen with everyone who needs the information, and at the time, you save money for your business. While face-to-face meetings will always be crucial to business deals, you can save significant money by merely cutting a few trips each year.
You are going green benefits both your business and the environment. Also, you’ll be more productive and efficient while setting an excellent example for your customers and your employees. For an example of ways, you can make your business more environmentally friendly, research what other companies in your area have done to improve their resource use.
Do you want to drive profits and decrease your impact on the environment? Reach out to Asustainability.com for a free consult with one of our energy specialists!