Ways Startups Can Save Money By Going Green

Going green is more than just a hip trend that will appeal to your millennial and gen-Z customers. It’s also an important money-saving measure you can use to improve your bottom line by reducing unnecessary expenses. Don’t believe it? That’s okay: we brought proof to back it up. Take a look at the following ways in which you can use green techniques and technologies to create real savings for your business.

 

Six Steps to Going Green (and Seeing More Green in Your Wallet)

These are some of the easiest methods you can use to cut costs while reducing your impact on the environment. Take a look, and try them out for yourself:

1. Use Smart Lighting

Remember: whenever you use power, you’re spending money. That means every time you turn on the lights, you’re paying for it. The solution? Just use lights that consume less power. LED lights can provide perfectly adequate illumination for space while using up to 80% less energy than standard incandescent bulbs.

2. Make it Easier for Your Staff to Telecommute

Some employers don’t understand that letting your employees work from home can save money. Think about this, though: if nobody’s at your office, then nobody’s using the heating, air conditioning, or lights. Employers can save as much as $11,000 per year by having their staff telecommute for half of each standard work week.

3. Invest in Energy-Efficient Electronics

Most older electronic devices consume more power than current models, so the solution here is simple: just upgrade! While you’re at it, consider investing in a power strip that has an on/off switch. Doing so will prevent your connected devices from using standby power, which can drive up your costs and waste electricity.

4. Reduce Water Consumption

Many businesses think about saving electricity to the exclusion of other resources, but cutting back on water consumption can also provide significant cost savings. Using a reverse osmosis water purification system can allow your business to get clean and usable water from sources other than your utility company (such as rainwater), but there are plenty of other ways you can use less at work and at home.

5. Create a Healthier Workplace

Did you know that healthier employees are more productive? Furthermore, many of the best ways to make your employees healthier are also good for the environment. Consider replacing the junk food in your vending machines with healthy and ethically-sourced granola bars or other similar snacks. Additionally, you can plant trees around your office or cultivate indoor plants to increase the amount of fresh oxygen. Using these tactics to make your employees more productive will mean you accomplish more work in a given period, resulting in more money for your company.

6. Use Less Paper

All those pages you’re printing do more than cost trees their lives—they also cost you money! Businesses that prioritize email and cloud-based storage as methods for sharing and filing documents can save thousands of dollars every year, compared to those that print out everything for physical records.

 

Follow the steps above and you can be sure that savings will follow. Refer to this guide often as you implement changes at your company, and hang on to more money with the confidence that what you’re doing is good for the planet.

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