Category Archives: Business

The Pros and Cons of Student Business

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Many associate college years with fun and carelessness, but this is not entirely true. Most students combine study with work. For some, the main motivation is the lack of money. Others seek to gain practical experience in a future profession and develop soft skills. But there are also those who think about starting their own business.

There are many business ideas for students, so everyone will find something for themselves. However, this path may be quite challenging. In this article, we explore why running a business is exciting and demanding at the same time.

Benefits of Student Business

More and more students decide not to be traditional employees, so they choose an alternative and take the risk of starting their company. With proper planning and a correct strategy, you can greatly improve your life. Of course, the advantages of being your own boss are obvious to those who are not afraid to take responsibility and make serious decisions.

pros and cons of student business

1. Motivation

When working for hire, some of us carry out duties without much enthusiasm. However, when we work for ourselves, everything is different. After all, the effectiveness of the results (and therefore the profit) depends only on us. This teaches us concentration and productivity.

Here, there is no boss who will evaluate your work and decide about bonuses. You are completely focused on your efforts, customers, and their feedback. And new orders are the best reward.

Of course, when expanding your client base, you can forget about some of the school chores. In that case, it’s best to turn to PaperWriter and ask professionals for help. While they complete your assignments, you can concentrate on tasks that have paramount importance.

2. Burnout Prevention

Choosing a niche that you adore, you turn your hobby into a way of earning money. This allows you to do the job well and enjoy the workflow. No chief’s instructions, no orders, no comments from the colleagues – just you and something you truly love.

3. Self-Improvement

Working for yourself upgrades a ton of skills. Running your business, you test all of your values and rules. You will certainly gain insights into how determined, creative and hardworking you are. You will see whether you’ve got faith in yourself and trust in others. All this will help you see your strengths and growth zones.

4. Flexible Working Hours

Did you catch a cold? Or is there an urgent matter you need to settle down? You no longer need to ask your boss whether you can go home earlier. With your own business, you organize your day yourself.

But still, a flexible schedule does not mean a lot of free time. Students who run their businesses often struggle to finish their papers before deadlines because of loads of work duties. Luckily, it’s easy to find essay writing services on Essay-Reviews.com these days. Delegating and outsourcing is surely an amazing way to manage it all.

5. Being A Big Boss

When working for someone, you deal with superiors and employees that you may not like. However, when you run your business, there’s no need to interfere with someone you don’t trust. You define your environment, make decisions independently and autonomously. And most importantly, don’t depend on anyone.

6. Freedom

All companies have established rules for staff: dress code, lunchtime, schedule, job responsibilities, a certain hierarchy. Working for yourself eliminates the presence of frameworks and restrictions. Of course, you still have responsibilities, but you assume them the way you want to.

Drawbacks of Running Your Own Business

Unfortunately, every medal has two sides. Running your own business also has as many drawbacks as pluses.

1. Business is Time-Consuming

No matter how perfectly the business process is organized, it will take a lot of time. If you are just starting your company and the number of employees is not big, then the main job will be entrusted to you.

You literally have to work day and night to get your business running. And even when you’ve got a regular income, don’t relax yet. You need to monitor the company’s performance and motivate employees.

2. Great Responsibility

As a business owner, you are responsible for the entire system that includes other people, material resources, and financial flows. Previously, you could blame your boss, colleagues, or other factors for something. However, now the responsibility for all the failures is on you.

student business

3. Struggle

Competition is something you have to keep in mind 24/7.  How can we be better than competitors? What are market trends? What do financial analytics say? How can we reach our clients and stay closer to them? All these questions become key to any businessman.

4. Expenses

Any business requires investments, and most likely, there will be no profit for a while. Even outstanding projects break even during the first four months.

Financial instability scares many young entrepreneurs. After all, what generates income today may bring a loss tomorrow (especially during a pandemic). For your student loan, you might want to consider getting lower monthly payments through student loan refinancing. Here is a guide on refinancing student loans with a cosigner.

5. No Guarantees

Will the business be successful? Even if you have attracted millions of investments, have developed an excellent strategy, there is still no 100% guarantee that your work will generate a steady income. This is the greatest risk.

6. Constant Tension

Any young entrepreneur is regularly stressed out because of endless duties and worries. Businessmen’s income is probably never stable as it depends on many factors. So, it’s rarely possible to fully relax and forget about all the rush. Also, if necessary, entrepreneurs have to spend their savings to pay unforeseen fines or other expenses.

To Sum Up

The main student problem of all times has always been a lack of money. In the modern world, everything has changed. Today, undergraduates can start a business legally and without even leaving home.

Basically, everything that generates income can be considered a business for a student, but the best field is probably the one that brings you joy. Now that you’ve learned about the pros and cons, you can evaluate risks and benefits yourself. So, is student business worth it?

As it was mentioned earlier, starting your business requires certain skills, including the ability to make non-standard decisions and react quickly to change. If this does not scare you, then why not?

Eco-Friendly Invoicing: How to Reduce Your Carbon Footprint and Streamline Business Operations

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Did you know that there’s an eco-friendly way to go about invoicing for your business? When you switch to an electronic or digital system, you can significantly decrease your carbon footprint and the impact that you have on this planet.

E-invoicing is every business’s answer to greener accounting and administration.

Environmental Benefits of Ecofriendly Invoicing System

What is E-Invoicing?

Some people call it e-invoicing, others call it digital or online invoicing. Whatever name it’s given, it means taking your entire invoicing system and making it paperless. Instead of using a traditional invoice book and handwriting your invoices, or even using a computer and then printing them out, you keep all your invoicing on your computer and online.

From creating the invoice to emailing it to your client, as well as your tracking system for invoices and payments—it’s all done using modern technology.

The Environmental Benefits of a Digital Invoicing System

Of course, one of the biggest draws for businesses these days is that digital invoicing is a far more environmentally friendly way to operate than the old paper methods. So, how exactly does e-invoicing help the environment?

  • The average invoice is about 2.5 pages long, so you need to use three pieces of paper for each invoice that you print out.
  • If you post an invoice, you also have to consider the paper used for the envelope and for the stamp.
  • You can’t be sure that those invoices will ever get recycled by your client.
  • Physical paperwork needs to be stored somewhere, often in files or folders that are yet more paper or card, or they’re made of plastic—which is bad for the environment.
  • If you use any embossing or most fancier papers, you’ll find that your invoices are no longer recyclable.

Other Advantages for Your Business

Digital invoicing isn’t just good for the environment; it’s actually good for business. There are plenty of advantages to making the switch, including:

1. Save on Money

It actually costs your business less to use a digital system than a paper system. For one, you don’t have to continually buy paper and envelopes, ink and toner for your printer, invoice books, and other re;ated equipment or tools. True, you can spend money on invoicing or accounting software, but that expense is significantly less when you take the whole system into account.

Another way you save money is that your invoicing system becomes a lot simpler. Remember, time is money, and when you’re spending time writing out invoices or printing and posting them, you’re costing your business money.

Sterling Commerce did a study that showed the exact costs saved by a business that went digital back in 2010. On average, a company went from spending $30 on processing one invoice down to $3.50 after making the switch. That’s a huge saving, and has only increased in the last decade.

2. Reduce the Risk of Human Error

Depending on how advanced your invoicing system is, you can almost entirely cut out the possibility of human error. Even if you use a spreadsheet to create invoices and track them, you can ensure that you don’t make calculation errors by letting the software do it for you. It’s also possible to have your spreadsheets talk to each other, so that important information like invoice totals is automatically copied into your tracking spreadsheet.

If you use a more advanced software for your digital invoicing system, you can set it to auto-populate your invoices based on the codes you input. The software will automatically calculate line-item totals, VAT or tax, shipping costs, and anything else relevant to a particular invoice.

There’s simply nothing more painstaking than writing out each item on an invoice and breaking out the calculator to tally it up.

3. Streamline Your Entire Process

No matter the size of your business, the invoicing process is a big part of your operations. If you can streamline the system, you can boost your productivity and improve your bottom line. It’s a win-win.

It might take a bit of time to set everything up properly, but once your system is running smoothly, you’ll find invoicing a lot simpler to do. Additionally, by streamlining the process, you can free up time for other tasks within your business. This is useful whether you run your invoicing on your own or you have an entire team for your business accounts.

Statistics show that you can reduce your processing time for one invoice from 15 days to just three. This is a massive time saver for businesses of all sizes.

4. Get Paid Quicker

Following on from the point of reducing the time of invoice processing, you can see how you might end up helping your cash flow when you switch to digital invoicing. Due to the fact that the invoice and its trail is all digital, you can track exactly where it is, and so can your client.

You can see exactly when it was sent to the client, and you can see when the invoice is due, and therefore, when you should send follow-ups. What’s more, you can automate the process of sending and chasing, and even thanking the client when payment is received.

a paper free office

You no longer have to manually create the invoice, wait for the postal system to get it to your customer, and then wonder if enough time has passed before you follow up. You’ll know precisely when the client received the invoice, and you can be certain that it didn’t get lost in the mail or sent to the wrong person at your client’s company.

Make the Switch to Eco-Friendly Invoicing

Digital invoicing is, quite simply, the smart choice for any business in today’s world. Drawing up these documents now only takes a few minutes at most and invoice processing is made quicker, easier, and more effective. E-invoices are also good for the environment, making your business a greener supplier; which is something that many people look for today when choosing a company to buy from.

When you look at all the positives for the environment and your business, there’s really no reason why you shouldn’t make the switch—if you haven’t done so already!

How Can Managed IT Services Help Your Business Become More Sustainable

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How sustainable is your IT strategy? Sustainability in business is a significant concern, especially when incorporating it into your tech stack.

Your business needs to balance innovation and growth with environmental consciousness and responsibility. This effort involves considering the hardware and software systems you choose, among other IT assets. Most importantly, how you manage and dispose of these assets reflects your business’s sustainability efforts.

how to make your business more sustainable with managed IT services

However, not all businesses have the right people, infrastructure, and experience to manage IT assets and address their challenges, vulnerabilities, and threats. That’s where managed IT services come into play.

But how can a managed IT service help you promote a greener business footprint? Learn more about making your business more sustainable with managed IT services below.

Establish Benchmarks For Smarter Roadmaps

Many companies want to align their technology approach with broader sustainability goals. But the problem is the lack of knowledge and understanding of their technological needs and unclear sustainability goals. In addition, going paperless isn’t enough, and embracing digital technology generates a considerable digital footprint.

Managed IT services can help businesses establish benchmarks for smarter roadmaps to meet tech needs and sustainability objectives. Environmental benchmarking aims to reduce a business’s carbon emissions by continuously evaluating solutions, workflows, and equipment.

Without environmental benchmarking, evaluating if your business is progressing in its sustainability efforts is difficult. A managed IT service company can help prioritize this task to make your business more sustainable.

You can get managed IT in Phoenix or your area to kickstart your business’s sustainability journey.

Provide Flexible IT Infrastructure

Is your IT infrastructure obsolete? How do you want to have a flexible IT infrastructure without generating dramatic environmental impacts?

As companies accelerate their digital transformation efforts, their tech requirements change. Businesses want to upgrade their IT infrastructure to the latest operating systems, hardware models, and other tech advancements to keep up with the tough competition.

However, the challenge lies in maintaining a flexible IT infrastructure. If you want your business to maximize benefits from your legacy systems and existing technology, think of a more informed approach.

A managed IT service company can assess your existing business system and help you develop a more flexible IT infrastructure to scale your business.

Recommend Sustainable Products And Solutions

Managed IT service companies have highly trained, experienced, and qualified technology professionals who can recommend sustainable products and solutions for your business.

These professionals can assist you in comparing different tech products considering their lifecycle and environmental performance.

For instance, a managed IT service can recommend the best renewable energy to run your business systems without compromising performance. An IT expert can recommend brands of sustainable laptops, computer systems, servers, and other hardware solutions that generate less emissions.

You can also get expert tech insights about smart data asset management and how to empower your employees with data and tech tools to boost sustainability consciousness and proactive efforts.

Assist In Cloud Migration

Drive business sustainability with cloud hosting. Instead of using local servers that generate much power, cloud computing utilizes a network of internet-hosted remote servers for data management, processing, and storage.

Cloud migration is a sustainable effort. It can reduce the electrical consumption from energy sources. As a result, this technology can significantly reduce climate impact with fewer emissions and greater energy efficiency.

Moreover, cloud hosting reduces your on-premises footprint by powering and cooling your hardware. A managed IT service company can help you move your data and application to the cloud.

managed IT services and sustainability

In addition, a reputable managed IT service provider can help build cloud workloads sustainably which involves understanding and quantifying the service impacts. Implementing the best practices and applying design principles to decrease these impacts is crucial.

Assist In Proper Electronic Waste Disposal

Businesses can help minimize electronic waste to reduce the amount of energy and conserve the earth’s resources.

ways you can use your old computer

Managed IT services can assist in electronic waste management. They can help businesses connect with recycling companies that practice sustainable practices, such as recycling. Proper e-waste disposal ensures that electronics don’t end up in landfills.

Furthermore, managed IT services can help set up a business to automate waste management tasks. They can recommend apps or solutions to organize storage better, ease waste verification and provide real-time waste monitoring from collection and segregation to its conversion into power and other useful products.

Make Your Business More Sustainable Today

Now more than ever, businesses take sustainability as one of the keys to success. As more customers patronize brands with sustainability advocacy, businesses aim for innovation and growth while promoting a greener footprint. Managed IT services offer solutions that can help you attain these goals.

An Easy Guide to Make Your Business Sustainable

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The adoption of sustainable practices is an opportunity for growth of california llc, but it also presents a challenge. Though you’ll eventually enjoy the economic and environmental benefits of your changes, implementing them takes commitment. You need to approach the transition with subtlety.

So what are the main points to keep in mind as you continue? What are practical strategies to reduce carbon emissions and excessive commercial waste? We’ll answer those questions and others like them, providing an easy guide for professionals who want to improve their standard of sustainability.

Read on to know how to make your business sustainable:

1. Assign a Sustainability Team Lead

One of the key factors in your success is communication. You need every employee to understand and accept your proposed changes, and that coordination is no small responsibility. If you’re going to increase sustainability in your workplace, you’ll need the assistance of a sustainability team lead.

Their role is to share your objectives with other employees and encourage them to adapt their behavior. They serve as an advocate for your new policies, putting them into action and helping others do the same. In short, your sustainability team lead will facilitate cooperation.

2. Invest in Practical Adjustments

When you’re operating a business, your bottom line is your top priority. You can’t afford to make changes if they compromise your profitability. Fortunately, you don’t need to make that kind of sacrifice, as certain practices are beneficial for both the environment and your expenses.

As an example, you can digitize documents to limit paper waste and lower the costs of printing and ink. You can also connect a group of devices to a single power strip, then turn it off when you leave the office. It’s a simple adjustment which will increase the lifespan of your devices and reduce e-waste.

3. Maintain Careful Record-Keeping

Over the past two years, many companies have engaged in the practice of sustainability reporting. Investors are starting to ask for this type of report, and if business owners are unable to provide it, they may encounter issues. Naturally, you need to give thought to record-keeping.

Are you documenting your changes? Do you have the necessary information from project and property managers? Investors need more than a promise to feel secure in your company’s improvements, and you can instill confidence when you offer reports with the relevant data.

4. Work With Similar Companies

Many companies have made it their goal to “go green,” and you should seek their support. Check for a list of green vendors in your area, and when you find one that meets your needs, reach out. You’ll come across sustainable alternatives for many products and services you currently depend on.

You may benefit from an eco-friendly cleaning service or maid service if your present service isn’t adequate. On a smaller scale, you can purchase business cards from a company that uses recycled materials. The point remains the same: You have options, and you should explore them.

5. Keep Convenience in Mind

As you modify your office, consider the convenience of your changes. An employee is far more likely to recycle paper and plastic products when they can easily access a recycling bin. If you’ve placed the bin in a location that doesn’t see much foot traffic, you’re not going to get the results you want.

Naturally, the ideal place for a recycling bin is the lunchroom or a similar area where your employees tend to congregate. The choice to recycle shouldn’t take more effort than the choice to use a conventional bin. Make both bins available to employees and trust them to make the correct decision.

6. Start Planning Today

Sustainability isn’t as simple as it first seems. A business owner may have good intentions, but unless they take time to prepare, their initiative won’t yield the desired results. With that in mind, review the steps in this guide and start planning your business sustainability program today.

You may also want to consider working with an e-cycling company to recycle your IT hardware and earn money from it. Whenever you have to upgrade your equipment, you can sell your used IT gear to one to keep it from polluting the environment, give it another life, and make money from your e-waste.

Why You Should Be Investing in Solar Panels?

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The future is green, and it’s more important to get on board with it than ever before. The past year has seen countless climate change related natural disasters, from the recent devastating mega-fires in California to frequent hurricanes sweeping the US and the Caribbean.

Solar panels are becoming much more accessible, for homeowners and for businesses. Traditional roof-rack solar panels can now be installed for as little as around $3,000, and are practically a no-brainer due to the energy savings you’ll make over time (you could even totally eliminate your electricity bill). Not to mention that you’ll be doing your part to help the environment in our planet’s time of need.

solar-energy-trends

Solar panels are becoming more accessible, for homeowners and businesses

If you’ve always found chunky solar panels ugly and off-putting, business magnate Elon Musk has a solution. His electric car and solar panel company Tesla has recently unveiled invisible solar roof tiles. The tiles look exactly like normal roof slates, but capture the sun’s energy without drawing attention. These tiles are paving the way to normalizing sustainable, beautiful eco-homes.

To further convince you about seriously considering installing solar panels for your home, check out our list of top reasons why solar panels will benefit your household or business.

Slash Your Energy Bills

After the initial investment of purchasing the panels and installation, the energy produced is all yours. Even if you consume more energy than your panels can produce, you’ll make drastic savings on what you are currently paying by purchasing all your electricity from the grid.

You’ll make even more amazing savings if you live in a sunny state or country – prices in Brisbane, Australia, are particularly low to purchase and install solar panels. And as the city enjoys on average 261 days of sun per year, panels there will produce more than enough energy to power homes all year round.

Energy costs are only set to rise and rise – meaning that by investing in solar panels now, you’ll never feel the strain of your electricity bills going up again. This is an especially smart idea for business owners with fluctuating income, as you can more easily predict your cashflow with fixed energy prices.

Increase the Value of Your Home

If you are open to the possibility of moving to a new house in the future, you will be able to sell your current property at an increased value by equipping it with solar panels. It’s an attractive prospect for buyers if a potential home comes with very small or no electricity bills, so you’ll be making a huge return on your investment in this way, too.

solar-battery

Note: Be wary of ‘renting your roof’ to solar panel companies if you can’t afford to purchase the panels outright. You may want to ‘go green’ in any way you can, but buying panels is by far the most practical way to enjoy the benefits. The lengthy leases that come with rental panel contracts (often 25 years) have been seen to put off mortgage lenders.

It’s highly recommended that if you want to benefit from free electricity and help the environment with solar, you should save up first to increase the value of your property – not render it unsellable.

Reduce Your Carbon Footprint

As we said, it’s never been so important to do your bit to save our eco-system. The polar ice caps are melting faster than has ever been recorded, and the earth is suffering terrible effects. As well as hurricanes and fires, we’ve also experienced floods, earthquakes and landslides all over the world this year.

In the large scheme of things, installing solar panels doesn’t seem like it will help much, but if everyone did their part to be more eco-conscious, we could significantly reduce the strain of destructive fossil fuels on the environment. By equipping your property with solar panels, you will save money while making steps to saving the environment – a tough offer to turn down!

Utilizing green energy within your business has even better rewards. Marketing your business as eco-conscious and sustainable is a great way to attract customers and impress existing ones. In recent years, studies into consumer activity have found that sustainability is a big shopping priority, especially among the millennial generation. Corporate solar panels will increase your revenue by expanding your customer base AND saving your business’s energy bills.

So – what are you waiting for? Contact a solar energy company today, who will be more than happy to assist you on your green energy journey.

Recommended Reading: Marketing Strategy for Solar Companies

3 Reasons ESG Reporting Benefits Your Business

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Environmental, social, and governance (ESG) reporting can give your business a competitive advantage, help attract and retain the best talent, and slash operating expenses.

ESG refers to a set of standards companies can use to assess their operational performance as it concerns social and environmental impact. On the environmental side, businesses must assess if they negatively impact the environment or have sustainable practices. On the social side, companies must weigh how they interact with workers, clients, suppliers, and their respective communities. And on the governance side, companies must focus on leadership, internal controls and audits, board governance, and executive compensation. 

benefits of ESG reporting for businesses

Having a good understanding of ESG meaning is essential if you want to get ahead in today’s business environment and develop a quality sustainability reporting strategy.

But what specific benefits can your business get through ESG reporting? Here are three benefits.

1. Entice More Consumers

According to a PWC study, 83% of consumers believe businesses should be proactively working on achieving ESG best practices. Consumers are eager to see companies play a more meaningful role in fast-tracking progress on ESG issues like carbon-emissions or waste management. In fact, consumers acknowledge they’ll reward businesses for doing so. 

A concise ESG reporting framework is one example where sustainability reporting can translate into attracting more customers. People are looking for ways to become better stewards of the environment, and want to align with like-minded businesses. Consumers will pay attention when your business uses the right ESG reporting software to disclose performance on concepts like green-energy initiatives. Customers will want to know how these sustainability-related issues inform your company’s business strategy and overall performance.

2. Hire and Hold Onto Top Talent

Another benefit of ESG reporting is that it can help to attract — and retain — top talent. The Great Resignation saw around 50.5 million people quit their jobs last year. It was part of a pandemic-era trend where many people simply felt like the grass was greener elsewhere. 

You might be surprised to learn about the connection between employee satisfaction and employers that take ESG seriously. According to one source, top employers, as determined by worker satisfaction, have average ESG scores that are 14% higher than the worldwide average. Satisfied workers tend to work harder, stick around longer, and strive to produce better results for their employers. The same study adds that businesses that are most attractive to students and young professionals have ESG scores 25% higher than the worldwide average.

When considering the cost of replacing a single worker can range from one-half to two times the worker’s annual salary, you can appreciate the importance of finding and holding onto the right talent. Something like ESG & sustainability reporting can give your business a competitive advantage that attracts the best talent and increases employee retention.

3. Lessen Operational Expenses

One of the benefits of reducing your company’s carbon footprint is there’ll be a corresponding reduction in operational expenses. Your business’ carbon footprint refers to the complete tally of greenhouse gases generated by your company, which includes your employees and your operations. You can do many things to lower your company’s carbon footprint. You can right-size your workforce, optimize routes for fleet vehicles, and cut down on in-person meetings. The more you reduce your business’ carbon footprint, the lower you can cut your operational costs. 

A good ESG reporting platform will give you the insights you need to implement meaningful changes, right when you need them. Considering that the standards for ESG reporting continue to evolve over time, you’ll also want to ensure you have a reporting platform that seamlessly incorporates changes as they occur, like Workiva’s cloud-reporting solution which creates audit-ready, investor-trusted ESG reporting. Using a cloud reporting solution is the only way you can ensure your data is always compliant and up to date.

climate change in sustainability reporting

Start Reporting on Sustainability Today

ESG reporting is essential. If you’re a publicly listed company, there are ESG reporting requirements to be mindful of. But any business that wants to remain competitive and relevant ought to take ESG reporting seriously by developing a sustainability reporting strategy. 

The consumers you rely on want to see ESG reporting disclosures from the businesses they patronize. The only real question for your business is which ESG reporting software to get. Don’t simply select the first one you find, there may be a sustainability reporting solution that can benefit your entire team and will effectively engage your stakeholders. Do some research to find out what’s out there so you can make an informed decision.

Infographic created by Donnelley Financial Solutions, an SEC reporting software
company 

What is a Full Carbon Audit?

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Carbon auditing allows businesses to fully understand their carbon footprint and the impact that they have on the planet.

Carbon auditing allows for companies to understand their energy usage and costs, enabling them to use their resources more efficiently to combat climate change.

Throughout this article, you will find out what a carbon audit is and why a full carbon audit is so important. We will also give you tips on how to conduct a full carbon audit and highlight some of the challenges and limitations related to carbon auditing.

guide to carbon auditing

What is carbon auditing?

A carbon audit is sometimes called a “carbon footprint”, but it is a way of measuring and recording emissions from an organisation.

Carbon audits are used to review the usage of carbon and greenhouse gas emissions for one business or building.

This process allows companies to figure out where they might need extra help in reducing their emissions or what they can do to improve their carbon footprint.

What are some different types of carbon audit?

There are two different types of carbon audit – otherwise known as a carbon footprint. They are:

  • Primary footprint – this refers to carbon emissions produced by our primary activities (these activities include: driving cars, burning fossil fuels and the use of electricity).
  • Secondary footprint – this refers to the indirect carbon emissions associated by manufacturing, and the breakdown of all products, services and food, which an individual human requires.

Why should you do a full carbon audit?

The importance of a full carbon audit cannot be underestimated, and a full and comprehensive audit will be extremely beneficial for your business going forward.

Not only will a comprehensive carbon audit inform your business how it can improve its carbon footprint, but a carbon audit can show businesses if they need to offset carbon, by working with companies like Celestial Green Ventures PLC.

What are the benefits of a carbon audit?

The benefits of a carbon audit are numerous and here are some examples of why carbon auditing will be good for your business:

  • You can use a completed carbon audit as a benchmarking tool
  • A carbon audit will allow you to create a strategy to improve your carbon emissions – be that in the form of cutting down your emissions directly, or using carbon offset projects, like Celestial Green Ventures, to reduce emissions
  • Celestial Green Ventures PLC’s carbon offsetting projects are a great way to mitigate carbon emissions and you will help communities and biodiversity all across the world
  • There may be financial incentives to reduce your carbon footprint
  • Customers and stakeholders expect companies to be more responsible in terms of carbon output

Finding a green provider for specialty chemicals

How do you conduct a full carbon audit?

There are several steps to conducting a full carbon audit, and often a professional will do this for you. Here are the main steps to complete in order to conduct a full carbon audit:

  • Step One: Identify the material sources of emissions
  • Step Two: Collect data on emission quantities
  • Step Three: Turn this data into a carbon footprint report
  • Step Four: Assess any potential carbon reduction opportunities
  • Step Five: Purchase any carbon offsets – from organisations such as Celestial Green Ventures PLC
  • Step Six: Establish a time-saving process to make carbon auditing an easy and repeatable process

What are the challenges and limitations of carbon auditing?

There are a few challenges that you may face when you start carbon auditing, such as:

  • Finding that there is a lack of standardised calculation models
  • Disagreements regarding which greenhouse gas emissions make up a carbon audit
  • Difficulties in collecting accurate data
  • Errors in both calculating and reporting
  • Difficulties in ensuring transparency and audit credibility

Conclusion

Carbon auditing is, for many businesses, a vital part of reducing their carbon emissions. A completed carbon audit will allow businesses to fully grasp what their carbon emissions are and they can take steps to tackle them.

This could include implementing carbon reduction schemes or utilising carbon offset programmes. However, there are limitations associated with carbon auditing and difficulties surrounding data collection and a lack of uniformity in the carbon footprinting sector could affect the results of a carbon audit.

How Blue Collars Are Turning Into Green Collars

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If there’s one thing that many people don’t spend a lot of time thinking about, it is the growing link between traditionally blue-collar jobs and green-collar technologies. However, this relationship is becoming quite a trend and there are many ways that these traditional businesses can take advantage of the burgeoning green revolution.

1. Use Government Money and Incentives

Before investing in any new technology or making any modifications to existing technology, review what free money opportunities are available to you. Everything from government grants to tax incentives is within reach of many companies. This is especially true in the automotive industry, where the focus is growing on manufacturing vehicles that do not rely on gasoline.

Green Finance

2. Be Realistic

When looking for ways to make your truck fleet more environmentally friendly, you have to be realistic with what you can do. There are many small things you can do to change behavior within the fleet itself that can change all aspects of fleet management, besides helping in improving fleet fuel efficiency.

Such things as improving driver training and making routes more efficient can all drastically reduce the carbon footprint that the company leaves. You can read about many green options in an online fleet management guide.

3. Green Power Sources

The blue-collar sector has long encouraged factories to reduce their energy usage and this viewpoint is only increasing. Alternative power sources such as wind or solar power not only reduces energy usage but have a positive effect on the bottom line of the company in question.

When you are dealing with investors and stockholders, saving money is definitely something in which you’ll want to partake.

green tech

4. Cloud Computing

For those blue-collar businesses that rely heavily on multiple servers to process their computerized data needs, the constant running of multiple servers can prove to be quite costly. This is why many are looking into cloud computing to solve their data center needs.

By virtualizing most of their computing, they are able to run only one server while everything else runs multiple images of numerous operating systems.

5. Reducing Waste

Many factories became experts in waste reduction a long time ago and other blue-collar businesses are now finally paying attention. Everything from recycling wastewater to the practice of reusing materials that are normally cast-off is being embraced in attempts to both save money and increase efficiency.

waste reduction in businesses

6. Green Replacements

When replacing either manufacturing equipment or office equipment that has broken down and no longer useful, many companies are choosing to purchase green alternatives in their place. This is a simple way to increase the green status of your company without exhibiting undue effort all at once.

Whether it be simple replacements such as LED lightbulbs or more specific acts such as installing ergonomic workstations for production line workers, there are numerous ways to become and stay green.

7. Listen To Your Customers

Your customers will almost certainly be among the first to let you know what changes you should be making. Today’s consumer is much more conscientious that the customers of the past and they place a high value on businesses that are actively working to become more environmentally responsible.

Creating a Better Waste Management Plan for Your Business

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People are more environmentally conscious than ever, and want to do their part to help reduce waste. Not only are they themselves eco-friendly, but they also want the companies they purchase from and support to do their part as well. Nearly every wyoming llc will produce some type of waste, despite their best intentions. Even things like offices can create a lot of waste. This waste can have a terrible impact on the environment, for everything from wildlife to our own public health.

However, producing zero waste isn’t always possible for companies (at least not currently). As a result, it is more important than ever to have a good waste management strategy for your business. These plans help you deal with responsibly getting rid of waste, as well as reducing it where possible.

Unfortunately, crafting one isn’t always easy. Thankfully, we are here to help. This article is going to go over some great tips for creating a better waste management plan for your business.

Do Your Due Diligence

First and foremost, hire a waste production manager to perform an adequate amount of due diligence on waste processes in your business. While some companies might think they know all of the waste that they are producing, that isn’t always the case. There could be remnants of waste on your property from years ago, which could be damaging the soil and the environment.

In order to truly get the full picture of the waste you are creating or have created, you need to have testing, site-walks and other types of due diligence conducted. The more you know about the kind of waste you are creating, and how much, the better suited you will be to build out your customized plan.

Whether you are an established company wanting to improve or create your plan, or a company looking for a new workplace or site, doing due diligence is a must. If you want to learn more about this environmental due diligence, and the assessments involved, you can do so in this Phase I Environmental Site Assessment article.

Find Ways to Reduce and Reuse

While responsibly disposing of things is often at the heart of any waste management plan, it should be about so much more than that. In fact, actually throwing things away at a dump or landfill should be kept to a minimum. Instead, your plan should be focused primarily on reducing your waste and reusing what you can.

This could be by changing up certain processes, using new technology, or simply identifying what methods produce the most waste, and optimizing them. Also seek to reuse the waste that you can. If you yourself can’t use it, see if another company or industry might be able to.

For example, instead of tossing food waste in the garbage, it can often be used as compost by large farms. While not all types of waste can be reduced or reused, you would be shocked at what can be done if you take your time and come up with a plan.

Know the Responsibilities and Guidelines in Your Area

In most areas, businesses have certain responsibilities when it comes to waste management. It could be anything from offering the right receptacles to staying below a certain threshold of waste. You need to be aware of your responsibilities wherever you operate. If you don’t comply and do what you are responsible for doing, you could end up with some serious penalties or fines to deal with.

In addition to knowing the responsibilities you have in your local area, also be aware of the guidelines. Some cities or areas will require the waste to be sorted or disposed of in a certain way. Be sure to have all of these policies and rules clearly stated for everyone, so they aren’t left confused about anything.

On a similar note, be aware of the local services that can assist with waste management. Know where they operate, what sorts of materials they can help you dispose of and what the associated costs are.

In conclusion, we hope the information and tips in this article have helped you create a better waste management strategy.

Market Research as a B2B Lead Generation Propellant

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In any kind of business, sustainable growth is impossible without expanding your reach and attracting new customers, which spells turning average site visitors into leads. While for B2C ventures, the potential clientele is the total population of the Earth, B2B leads are harder to come by since they aren’t that numerous. That is why B2B lead generation is a harder nut to crack, causing companies to go all lengths in order to win corporate consumers to their side.

Now Lead Generation Will Be Easier Through B2B Market Research

Market research is commonly understood as a technique of collecting, analyzing, and interpreting various business-related data that is highly instrumental in addressing a whole gamut of commercial challenges and developing an overarching marketing strategy.

market research for b2b lead generation

An essential element of such a strategy is finding business sales leads that have all chances to augment your B2B client base and bring a stream of revenues into your coffers.

Why Market Research is an Effective Tool in B2B Lead Generation

Market research can be a powerful engine that will enhance the business efforts of every B2B digital marketing agency aimed at successful B2B sales lead generation. Where does it come in especially handy?

1. A deeper understanding of customers

By holding regular surveys you can create a 360-degree view of your clients. Who are they? Why do they acquire your products? How often do they do that? How do they like them? Once you get answers to these questions, you will realize how the obtained image fits into your vision of an ideal customer and discover where you are wrong in your expectations.

2. Identifying the standing of competitors

Assessing the niche, you will see who is outperforming its adversaries and in what aspects. You will be able to have a closer look at your competitors’ success and see where your shoe pinches. What do they do better than you? Where do they lag behind? Knowing this, you will learn why your business leads are eventually converted into your rivals’ clients.

3. Pre-launch product testing

Before investing heavily into any business idea, you should discover whether it holds water (both operationally and financially). Moreover, you will see what marketing approach you should adopt to take the shortest cut to your customer’s heart and wallet.

How to Use B2B Market Research for Lead Generation

There are several key processes that can be drastically improved by leveraging market research.

1. Valuable MQL Detection

Marketing Qualified Leads in B2B sphere are companies that stay within an ace of becoming your clients. They have opted into a program of yours, downloaded some data from your site, or submitted contact information on their own initiative. Which of them should you target first of all to complete their conversion? Of course, those who are likely to generate the largest profit. Market surveys furnish you with the information on the size of their organization and funding stage that can help you sift the most valuable leads out and get at them hammer and tongs.

2. Identification of Business Leads’ Readiness to Buy

By asking leads a direct question in a survey whether they plan to make a one-time purchase or are considering long-time cooperation, you can determine how they see your future cooperation.

3. Revision of your Content Strategy

Market research can help you discover mainstream trends in your industry and check whether your content fits them. By polling your B2B leads, you can add more infographics or enlarge the product characteristics section thus catering to their needs.

4. Pain Point Elimination

Bottlenecks and issues can be found both in the quality of your products/services or in the way you sell them. In either case, market research helps you identify problems and take steps to improve UX by eradicating them.

In the age of total digitalization, market research can be conducted via leveraging respective software.

Tools in Market Research to Generate B2B Leads

There is a wide array of tools that can be utilized in performing B2B market research. They are honed to tap various data related to your customers.

Some of them (like Google Keywords Tool) can give insights into the way people search for products and services in your niche, others (for instance, Klout, Kred, or Peerindex) allow you to identify top influencers in your industry, still others (KeySurvey) enable creating questionnaires. And there are comprehensive tools (like Google Trends or Google Analytics) that create a broad-scope picture of your potential clients.

Yet, whatever tool you might opt for, you should make sure your messages reach your addressee since email is universally recognized as the major means of building and maintaining rapport with the clientele.

market research for b2b lead generation

Source

The best way to do it is via a spam checker. This state-of-the-art software can help you monitor the deliverability of your letters since the email spam checker is designed to avoid spam filters and dodge blacklists. Once you install it, your B2B email lead generation will grow apace as well.

Conclusion

To go big-time in B2B commerce, you can’t rely on anecdotal evidence and entrepreneurial instinct. When used on a permanent footing, market research is a solid crutch in understanding key needs of your clients and the consumer environment in general, which is sure to tell positively upon the efficiency of lead generation