In addition to helping the environment, going green could also make your business a little bit of money. Here is a quick glimpse at four steps that you can take to reduce your company’s carbon footprint while boosting your cash flow.
Sell Scrap Metal
If your company uses any type of metal in bulk, then you should consider selling the scrap pieces. Certain types of metal are very valuable, and selling unused pieces could be incredibly lucrative. Many recycling companies will even pick up your scrap metal and give you cash on the spot. As an added bonus, getting rid of that scrap metal is also going to make minimize clutter and make your company property look much cleaner.
Sell Old Machinery and Electronics
No matter what steps you take to keep your machines and devices well-maintained, that equipment will need to be replaced at some point. Unfortunately, tossing those devices in the trash could actually be illegal, and that is why you might want to sell electrical equipment. Some companies specialize in recycling old electronics, and they will pay you for items like transformers, switches, circuit breakers, and motor controls.
Switch to Clean Energy Sources
There are quite a few reasons why all business owners should consider switching over to renewable energy sources. The biggest benefit of using renewable energy is the amount of money that you are going to save. Within a matter of years, a solar array could completely pay for itself. There are also quite a few tax incentives for companies that make the transition over to renewable energy, and you should explore those tax credits before you choose an energy source.
Buy Recycled or Used Materials Whenever Possible
While some of the items that you buy for your business will need to be brand new, you should always try to pick up recycled and used materials whenever you are able to do so. Instead of ordering new computers for your office, you can see if any local businesses are getting rid of their towers and displays. You might also want to purchase used work trucks that have been professionally refurbished by a reputable auto shop.
These few tips are a great start, but you should try to encourage your employees to minimize waste and become as eco-friendly as well. Switching over to paperless faxes, using reusable cups at the water cooler, and other simple steps could greatly reduce your overhead costs in the coming years.