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Smart Business Essentials



Worldwide rising emissions have reached a record high. In 2018, the increase in the United States went hand-in-hand with rising emissions in other countries, such as China and India, according to the Center for Energy and Environmental Policy Research at the Massachusetts Institute of Technology.


What does this all mean for small business owners? By reducing your company’s energy consumption, you can have a positive impact on the environment, and you can save money. There are simple things you could do to reduce your utility bill, like turning off lights or heat and air conditioning units that don’t need to be used. When there is extremely hot or cold weather, each degree you change on the thermostat will save or cost you 4 to 7 percent on your utility bill.

You can take simple steps to lessen your carbon footprint, and, in turn, help the environment in your community.

How you can lower your carbon footprint and reduce your utility bill

Tips for lowering your carbon footprint

  • Encourage employees to turn off lights when they leave rooms to save energy.
  • Promote carpooling, walking, cycling and the use of public transportation to reduce emissions and support a cleaner commute.
  • Buy energy-efficient light bulbs, business equipment and vehicles.
  • Check with your energy utility to see if they offer a “green” power option, which allows you to purchase your energy from renewable sources, like solar panel farms or wind.
  • Plant shady landscaping outside of your business to protect it from the winter chill and summer sun.
  • Allow employees to have a flexible work schedule and work from home occasionally to reduce overall energy use at your place of business.

Conserving water
Reducing the use of water can have a big environmental impact, and it’s something most small businesses can do easily. To taper your water use, consider installing energy-efficient taps and toilets in your workplace. If you use water in your manufacturing process, ensure you’re using it responsibly. Also, speak to your staff about ways to reduce their use at work. For example, look for leaks in taps or showers, don’t leave water running for long periods and cut back on watering landscaped areas on your property.

Reducing waste
When it comes to evaluating your waste prevention practices, it’s important to take a look at your manufacturing processes, the practices of any vendors you use and the habits of your employees.

The most effective way to reduce your organisation’s waste is to generate less in the first place. The added benefit is that it can also help you streamline costs. If you have excess materials or products, consider donating them to a local nonprofit organisation. Also, consider going paperless — it will help the environment and increase your efficiency. Other ideas for reducing waste include printing documents double-sided, avoiding the use of disposable cups, water bottles and cutlery and communicating waste goals to customers and employees.

No matter the size of your business, you have the opportunity to make a positive impact on the environment through eco-friendly business practices. By recycling business materials, you’ll save energy, reduce costs and keep materials out of landfills and incinerators. Simple tasks like recycling print cartridges, installing an office recycling box and buying office supplies made of recycled materials can help protect the environment. Check with your waste removal service for specific programmes and options serving small businesses in your community.


Disclaimer: No Legal Advice Intended
This site provides general information related to creating and running a business. The content of this site is for informational purposes only and not for the purpose of providing legal, financial or tax advice or opinions. The contents of this site, and the viewing of the information on this site, should not be construed as, and should not be relied upon for, legal or tax advice in any particular circumstance or fact situation. No action should be taken in reliance on the information contained on this site, and Visa Inc. disclaims all liability in respect to actions taken or not taken based on any or all of the contents of this site to the fullest extent permitted by law. You should contact a solicitor to obtain advice with respect to any particular legal or tax issue or problem, including those relating to your current or potential business.