Business Ideas from FinallyFast
One of the most pervasive trends in business is the move to “Go Green.” To Go Green, a business must adopt more sustainable and eco-friendly business practices. The move to Go Green is popular is with businesses of all sizes because it’s both progressive and smart business. Here are five reasons why your company should go green now:
1) The Environment
The first and most important reason to go green now is to protect the environment. You won’t be doing any business if there’s no planet to do your business on. Going Green means not only assisting our environment to recover from industrial damage (and prevent further damage), but also helping to recover natural resources.
2) Public Image
No company wants to hold an emergency press conference on the evening news, defending themselves against bad publicity. But many corporations have found themselves in that position. In addition to this, environmental organizations are taking a stand against companies they believe aren’t considering their responsibilities, tarnishing their image. Greenpeace, for example, have staged protests where they’ve found companies using illegally sourced timber from protected forests. Going Green puts your business on the other end of the paradigm, improving your public image. The move will also set a positive example for your employees, boosting morale and company loyalty. And if that’s not enough, your business will also be sought out by the younger eco-friendly tech generation that prefers to work with companies that have gone green.
3) Lowering operating costs
Improving efficiency and lowering operating costs can potentially save your business hundreds or thousands per year. For example, installing energy saving lighting, heating and ventilation in your offices can significantly reduce your energy bills. Telecommuting also helps a company become greener; the elimination of your employee’s commute results in a reduction in gas consumption.
4) Increased Sales
Consumers and companies are increasingly showing their environmental awareness by choosing to deal with responsible companies. So taking a green stance can give you credibility and a competitive advantage.
5) Lower Taxes
Finally, the government is providing our businesses with more “green” tax credit and deductions than ever before. By upgrading your heating and air conditioning system to an Enery Star rated system, you could qualify to get a tax credit of 30% of the purchase price with a $1,500 cap. Installing a Geothermal Heating System can provide you with a 30% tax credit with no cap like a traditional heating/cooling system. On top of having huge savings on your energy bill, you could get 30% off the total cost of the system. And installing a solar or wind energy system will give you a 30% tax credit with no upper limit.