The Department for the Environment, Food and Rural Affairs (DEFRA) released a report that states that businesses in the UK could save over £6 billion by putting some easy money saving steps in place.
By managing resources efficiently small businesses could reportedly save themselves over £100,000 per year as well as help to bring down the levels of greenhouse gas emissions.
It’s also worth remembering that during a time of recession small businesses could use £100,000 in a much more useful way such as investing in sales, marketing and product development than throwing it away on utility bills.
Let’s take a brief look at how putting just a few simple steps in place can help optimise your company’s efficiency and save you money:
1. When not being used all office equipment should be switched-off. This includes overnight, weekends, bank holidays. Switching-off just one computer and monitor could save you up to £35.00 per year.
2. Switching off lights in empty rooms and using energy efficient light bulbs could save your company up to 15%.
3. Constantly dripping taps could cost your business a further £400.00 a year. So ensuring you turn taps off fully or spending a little to get a tap fixed could save you a lot of money.
4. Partnering with other businesses to recycle waste or selling it to be used as raw materials could save you 4% of your annual turnover with waste management techniques such as this.
5. Your company could save 8% on your company’s heating bill by simply turning down the thermostat by a single degree!
6. Save up to a month’s worth of fuel over a year with smarter driving techniques such as reducing load and good vehicle maintenance.
7. Invest in efficient equipment to help cut your energy, transport and water costs. It is also worth bearing in mind that the government are running an interest-free energy efficient loans through the Carbon Trust.
8. Refill inkjet cartridges instead of buying new ones. Refilling old cartridges in printers, fax machines and photocopiers is a fraction of the cost of buying them brand new. In addition to this use email where possible and if you do need to print out documents try setting your computer to print double-sided to reduce the amount of paper used.
9. Publicise your company’s commitment to reducing your environmental impact as more than a third of customers will usually favour recyclable products or those with minimal packaging.
10. Some suppliers offer “take-back” schemes for unused products. You may be able to get some money back for them.