Go Green and Save Money Too!
Posted on August 17, 2021 by Steven Tabor
In the past, running your business in an environmentally friendly way was considered a liability. Today, we’ve come a long way and realized that sustainable practices are actually one of the best ways for a company to save money.
There are countless examples of how companies have reduced their costs by adopting green technologies. Just consider the enormous impact of how the move to work-from-home saved companies millions of dollars in reduced spending on air conditioning and lighting. The act of sending employees home to work nor only increased productivity, but also reduced carbon emissions.
To read some examples of how companies saved a lot of money by adopting green strategies, I recommend that you read this article on FleetOwner.com. While it’s a website for fleet owners, the examples they use are for all types of businesses and may give you some great ideas.
How Big Business Turns a Profit on Environmentalism
To carry this further, you may think of a CFO as someone who just manages things like cash flow and exit strategies but forward-thinking CFOs are also responsible for identifying these types of cost savings and a broad range of other areas that impact the business as a whole.
This type of assistance may seem out of reach for many small-to-medium sized businesses. However, you can access this type of thought leadership and the resulting benefits in an affordable way by using a B2B CFO® partner.
If you would like to explore these concepts in relation to your business, I welcome you to reach out to me by filling out the form below.