When running a business, you need savvy financial strategies. Going green is one tactic that can reduce financial consumptions for your business.
It can be done by changing simple habits as well as upgrading your technology to an environmentally friendly one. Read on to find out how being environmentally conscious can reduce expenses in your business.
Switching from Incandescent Bulbs to LEDs
Lighting is essential, especially if you run a commercial space. The use of incandescent bulbs consumes a lot of energy, which can be ultimately saved if you switch to LED lights. The Light Emit Diode technology wastes only 5% to heat and converts the rest 95% to light.
Consequently, it consumes less power but produces brighter light. Compared to incandescent, LED bulbs are more durable.
When purchasing the LEDs, you are likely to spend more money, but you will eventually save it by paying lesser electricity bills. Depending on the size of your business, LED technology can save you thousands of dollars annually. The United States Energy Department has predicted that if numerous companies adopt the technology, the nation will save more than $30 by 2027.
If you have an industrial business, a ceramic coating can reduce your fuel and energy consumption. The lining increases the industry's heat efficiency through the prevention of dissipation and heat transfer. Moreover, the coated surface is protected from heat damage by inhibiting the catalytic effect on the surface. You can use the lining in both non-ferrous and ferrous metals.
Adopting a Furnace or kiln coating will increase thermo-reactivity. This can save you up to 20% energy savings depending on your furnace configuration, production schedule, furnace operation, and fuel type.
Ceramic coatings are also environmentally friendly; hence they do not require particular disposal or handling. Coating your refractory linings enables you to heat your objects uniformly, resulting in standardized outcomes. A refractory that has ceramic coating will have a longer service life than the one without.
Spend Less on Water
Businesses spend a lot of money on water bills. As much as water is among the essential commodities for survival, money spent on it can be reduced. For starters, purchasing bottled water is a wastage of money. You may have been buying bottled water because you do not trust tap water, but most water packed in plastic bottles is from a community or municipal water system. This is the same tap water that runs in your office.
It would be best to consider purchasing a reverse osmosis water system that can make the tap water safe by filtering it. By doing this, you will enjoy drinking healthy water while spending less on purchasing unsustainable plastic bottles.
Additionally, think about adopting strategies that reduce the amount of water consumed in different areas in your office. For instance, use float boosters in the toilets and plant drought-resistant grass to beautify your office lawn.
Despite development in technology, your business might still be keeping physical records. Producing paper records is both environmentally irresponsible and expensive. Papers are made from trees; hence trees have to be cut to create them. If all businesses can go paperless, they can save an entire forest.
Moreover, print papers, printing machines, and copiers are expensive. Manual printing and filing of documents are time-consuming. Going paperless will save your employees time to do other essential tasks or lower the number of workers in your business.
Digitally stored documents can easily be accessed than physically stored ones. They also consume little space like a single file or document, which is impossible with paper documents because they are bulky. Saving documents on the cloud or encrypting them for protection is safer than physical ones because they can get lost, burnt, or stolen.
Provide a Healthy Working Environment
Healthy workers are productive and will spend less time on sick leaves. If you have a healthy working environment, your workers will be comfortable staying at your workplace hence naturally working harder. This will eventually make your business successful.
You can increase the office's oxygen levels by planting trees outside the office or having potted plants indoors. If you have a cafeteria, consider incorporating nutritious foods. Manage food wastages by taking uneaten foods or leftovers to a rich compost like an organic farm.
Being environmentally conscious will expose your business as a responsible one to the public. This will attract more consumers. Workers will be more productive while operating on environmentally safe premises. More importantly, you will minimize costs if you go green with your business.
Author Bio: Samantha Higgins is a professional writer with a passion for research, observation, and innovation. She is nurturing a growing family of twin boys in Portland, Oregon with her husband. She loves kayaking and reading creative non-fiction. If you are looking for help updating your kiln coating consider using ITC Coatings professional services.