Environmental protection is not just good for the environment, it is also good for the budget. You can adopt green business practices and enjoy the positive effects that it will have on your company’s public image. While you focus on increasing your profit margin, all anyone else needs to know is that you are helping out the planet.
As you are looking for ways to reduce your spending and maximize your profits, you can also look for ways to reduce your waste. The best way to produce less trash is to have fewer materials to start with. Look beyond the office supplies. Think about ways to make your production line more efficient with the raw materials. Look at your shipping schedules. Do not ignore your office entirely. Start wondering how much of the paper is really necessary.
There is no need to purchase scrap paper. Anytime the printer or fax machine jams there is plenty of paper that is deemed no longer suitable for professional use because it is horribly wrinkled. Cut it up and use it for phone messages. Make sure both sides of the paper gets used before it finally hits the recycling bin.
Paperless billing, invoicing, and inventories are a growing trend. Having the paper system means lots of work to create a lot of waste in the end. That gets really expensive. It could really take two or more employees to send out paper invoices. Move to a paperless system will reduce not only the cost of materials, but also the cost of the labor to prepare and send everything out. Make paperless the standard, and then charge an additional fee to anyone requesting a paper copy to cover the addition labor and material costs.
Wouldn’t you love to cut down the cost of business travel? By reducing the number of trips made for business, you not only save money, but also reduce the emissions that your company creates. If traveling for meetings is a common occurrence between two offices then look into web conferencing. You may have to pay a small fee to set it up, but it will be lower than the cost of paying people to go from one place to another.
Maintaining office space gets expensive. The less office space that you use, the less money it will cost you. By changing some of the jobs on your staff to be available for flexible schedules, or purely telecommute, you can rapidly cut down on the amount of space you need for your office. You could also arrange for people to work in shifts so that office space is shared between people. Not only will you lower energy consumption within the office, but people will not be driving their cars into work everyday. In one swift move you can improve your public image, boost employee morale, help the environment, and save money.
Recycling is very important. Make sure that the recycling bins in your office are easily accessible and clearly marked. In many places, not doing this can end up costing you a lot of money in fines.
Doing the right thing generally has a nice reward, and adopting green business practices are no exception. As the need to care for the environment becomes more understood, there are more tax breaks available for companies that do their share to make the world a cleaner place. There are also many grants available to implement eco-friendly changes. Look into it, you could be missing out on a lot.