green business

4 Simple Ways To Cut Costs While Boosting Business

4 Simple Ways To Cut Costs While Boosting Business

Every business owner wants to keep costs as low as possible. However, it’s important not to fall into the trap of being penny wise and pound foolish when you’re looking to reduce your overheads. While it’s great to shave a few hundred pounds off your annual expenses, this is totally counterproductive if it’s going to cost you tens of thousands in missed opportunities. However, there are plenty of ways to cut costs in your business without hampering growth. Here, we’ve brought together four of the best — read on to find out how they can help you keep your expenses down and accelerate growth. Become more energy efficient If you’re looking to cut costs in your business, the first place you should look is your energy efficiency. Most business owners don’t realise just how much of an impact thi... »

Half of All Businesses Spend £1,000 A Month On Energy, As Workers Wish Employers Would Go Green

Half of All Businesses Spend £1,000 A Month On Energy, As Workers Wish Employers Would Go Green

49% of UK small business owners spend a £1,000 or more on energy every month, according to a report by Make it Cheaper. The survey into the eco-habits of entrepreneurs revealed that 31% say that their office doesn’t take any extra steps in making their business more environmentally friendly, while 18% don’t consider how energy efficient equipment is when they buy it. When employees were asked about their bosses commitment to the environment, its revealed that bosses may even be less green than they think, as 67% of small business employees say their bosses take no extra steps to ensure they consume less energy. On the occasions when businesses are proactive about the environment, the most popular measures taken are closing windows when the heating is on (47%), using energy saving light bul... »

A Business Guide to Going Green

A Business Guide to Going Green

Everyone worries about the environment, but these worries are often forgotten when it comes to running a business. Many companies avoid being green due to fears about cost – yet failing to follow legislation can end up costing you a whole lot more. It’s imperative that you find out what legislation there is, and how it affects your firm. But being green doesn’t just have to be a method of damage limitation – it can reduce your costs and give you a considerable edge over the competition. The guide covers why environmental concerns are your concerns, how to devise a plan for addressing them, and what actions you can take to ease your impact on the environment. Why bother being a green business? Our understanding of the impact that business operations have on the environment has grown massive... »

Writing Your First Environmental Policy

Writing Your First Environmental Policy

In a previous article, we’ve discussed the merits of having an Environmental Policy and taking those first steps towards being a green business. So you can strike whilst the iron’s hot, we’ve put together a template Environmental Policy to help you get started. Before implementing the Policy, it’s important to ensure it is approved by management to ensure buy-in for the company’s new-found green ambitions. It’s also worth showing a draft of the policy to your staff, as they may have some great business-relevant ideas to include. Whilst a template can help you get off the blocks, there could be numerous industry specific issues that would make good inclusions. The template below is designed to be free of industry bias. As mentioned, there may be some tweaks or inclusions (or deletions!) you... »

CBI Backs Green Business Growth

CBI Chief, John Cridland, has today said that the Government needs to realise that it does not have to make a choice between either "going green" or "going for growth". Launching the CBI’s latest report at a speech in the City of London, the Director-General said that the two issues of green and growth are not seperate but go hand-in-hand, saying that: “Good green policy has to be good industrial policy too.” The CBI report, The colour of growth: maximising the potential of green business calls for Downing Street to adopt a policy toward energy and climate change that is both smarter and more consistent – A simple strategic policy framework that builds confidence and boosts competitiveness. Research in the report indicates that the UK has the abi... »

How Going Green Makes Business Sense

For the majority of businesses, being ‘green’ is far from a priority. In fact, many believe that being environmentally friendly is too much of an investment of time and money for too little business benefit. The reality however is, thousands of UK businesses are reaping the rewards of investing a small amount of time in becoming a more efficient, greener operation. How being green saves money A business looking to take action on being green for the first time results in much improved resource efficiency. Research from Envirowise, the Government support service for the environment, shows that a business can save up to £1,000 per year, per employee from taking such steps. Surprisingly, such significant savings do not require massive effort. For example, simply swapping inef... »

Going Green Still Possible in Difficult Market, say Small Businesses

Three-quarters of small firms believe it is still possible to be green in the current economic climate, research from the Forum of Private Business (FPB) has found. The FPB poll of 106 businesses found that the majority of small businesses believed being green was beneficial to their bottom line and have implemented greener practices despite the difficult economy. More than a quarter of small firms have reduced their energy consumption and a similar number have invested in energy-efficient equipment. In addition, around four in ten have tightened up business processes, such as cutting down on travel or switching utility providers. However, the study highlighted that financial constraints were still a barrier for some firms when it came to making big changes. More than half (52%) believed t... »

Small Businesses Urged to Tap Into Growing Green Market

Small businesses have been urged to start developing green products and services to take advantage of the growing low-carbon market, following the Confederation of British Industry’s (CBI) Climate Change Summit. The CBI has estimated that the global market for green products and services will be worth £4 trillion by 2015. “Climate change was once a niche topic in the boardroom, but it will soon be central to everything that people do. Green products will be the main economic driver,” said CBI spokesman Alastair Harper. “Businesses and consumers are starting to see the benefits they will get from tackling climate change, instead of just hearing about the risks that come from not doing anything.” Harper said that firms with green business ideas should take advantage o... »

Green Mumpreneur Wins National Business Award

Being a full time mum whilst running your own business is no mean feat, yet Fiona King from Glasgow has done it so well that her success has been recognised at the 2010 Mumpreneur Conference and Awards sponsored by Ryman Stationary. Fiona’s business, TotsBots, was chosen by a panel of independent judges as the winner of the Best Green Business Award. The award, sponsored by directories business Yell, was presented on Saturday 18th September at the Heart of England Conference Centre, Warwickshire. TotsBots design and manufacture washable nappies. The business was set up in 2000 after the birth of Fiona’s second child when she made the decision to start using reusable nappies but was unable to find anything on the market that suited her needs. Since developing her initial product, Tots... »

Green focus - economic recovery measures

Investors call for “green” focus in economic recovery measures

> Public and private investment should support greener future A group of major investors, representing over £400billion in funds under management, has today written to the UK Prime Minister, as Chair of this week’s London Summit, supporting a strong ‘green’ element in programmes of fiscal stimulus undertaken by governments. The investors’ intervention follows President Obama’s announcement of a stimulus package containing major investments in low-carbon energy and energy efficiency and echoes calls for ‘green new deal’ by others such as the UN’s Environment Programme and Lord Stern, the former head of the UK Government Economics Service. Paul Abberley, Chief Executive, Aviva Investors London, one of the ten senior executives signing the... »

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