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Go green and save a buck
Location: BlogsNeighborhood Newsletters23rd Street Association    
Posted by: 23rd Street Association 4/29/2009

Go green and save a buck

Author: Recession the time to green business

 “There is a larger segment of the U.S. population that is demanding green products and services.”    Carlson

INTERVIEW. If you’re a business owner, you’ve probably heard by now — it’s not the best time to be a business owner.

From mom-and-pop shops to big corporations, the recession is caving in businesses’ bottom lines as consumer spending, sales and, consequently, profits are falling through the floor. So how do you save it?

Well, necessity is the mother of invention, and author Kim Carlson is here to explain how to reinvent the wheel for your business.

In her new book, “Green Your Work: Boost Your Bottom Line While Reducing Your Carbon Footprint,” Carlson says that implementing environmentally friendly policies can keep your business above water.

[Q] How can businesses actually increase profits by going green?

[A] Profits are increased by decreasing expenses and/or finding new sources of  revenue. There are three areas of any business that can be greened:  the facility; the people, policies and procedures; and the product or service.  Here are some simple examples:

[1] Reduce energy use. Turning off or managing computer power can save $100 a year per computer. So don’t leave the office without powering down.

[2] Improve lighting. Switching to energy-saving bulbs or natural lighting can save up to 30 percent annually.

[3] Duplexing copies can cut paper cost by 35 to 45 percent.

[4] Healthy indoor air quality from green building products will keep worker sick days low.

[Q] Has going green become such a popular concept that custom-ers are actually seeking green businesses?

[A] There is a larger and larger segment of the U.S. population that is demanding green products and services. Though we haven’t reached the height of green demand that some of the European countries, Canada, Australia and Mexico have reached, there has been movement in the direction of more green consumers in the past few years.  According to a 2008 study by Information Resources Inc., “half of U.S. consumers consider at least one sustainability factor when selecting brands to buy or stores to shop.”

[Q]  What do you think the business models of the future will look like?

[A] Resource savings will be part of every business model. It will no longer be defined with a label like “green business” because the green business model will be the only business model that makes sense. Green will be the responsibility of every committee and every employee within an organization. Green will permeate every functional area of every business.  

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