With the constant shift toward sustainability and “green living,” there is also a desire for many business owners to go green at work. Unfortunately, many great environmentally friendly options are more expensive than their traditional counterparts, making the transition difficult. But if you are serious about going green and saving money, here are 4 things you can try to help the environment and your bottom line.
Use LED Lights – LED lights are more expensive than standard bulbs, however, they can last for years longer and use less energy, creating savings of over $200 per bulb over time. Multiply those savings by the number of bulbs used in your office, and the savings can quickly add up. Further, by using less energy they are a much greener option and help protect the environment.
Go Paperless – Have a meeting with 10 team members today? E-mail the PDF and have them bring their laptops, rather than printing out 10 copies. Creating a spreadsheet to track expenses? Keep it electronic, rather than printing it. Institute policies which promote paperless options and you will be protecting both the environment and your bottom line.
Encourage Telecommuting – With today’s technology, it is possible for many employees to work remotely. By allowing this, you cut the cost of utilities at the office, increase employee morale, and often get more working hours out of your staff. It also helps to reduce the amount of driving done by employees, which lowers carbon emissions.
Find Tax Credits – There are all kinds of green tax credits available. Speak to your CPA about which ones could benefit your business, then act on them. By reducing your emissions, looking into alternative energy sources, or simply upgrading to energy efficient fixtures and appliances, you may be able to save some money at tax time. And if nothing else, you can always buy someone else’s extra green tax credits, which saves you money and promotes going green somewhere else.
By following these steps, you can dramatically increase savings while going green. This is good for you, good for your business, and good for the environment. When you go green in the right ways, everyone wins.
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