2017-03-29 00:00:00 Going Green English Engage in business sustainability which provides the framework for profitability while doing good things for people and the environment. https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/06/Man-and-woman-in-office-lobby-discuss-business-sustainability-pointing-at-laptop.jpg https://quickbooks.intuit.com/ca/resources/going-green/business-sustainability/ Small Business Term: Business Sustainability

Small Business Term: Business Sustainability

1 min read

Business sustainability is about being in business to make money but still caring about social and environmental factors. Sustainability means that you do all the things necessary to run your business on a daily basis, but you also take the time to make a difference in the world. It’s not about the issues you support, it’s about doing good things for the people around you and the planet at large. Profits, people, and the planet is the idea driving business sustainability, so the first thing you do is make sure that your business is running smoothly and making a profit. Next, you want your business to have a positive impact on people like your employees, customers, or anyone in your community. And lastly, it’s a good thing to think about the planet, especially when you have a thriving business. For example, you might decide to decrease the use of paper in your office to save a tree or two, or perhaps light your offices with energy-saving LED bulbs instead of fluorescent tubes. Practicing business sustainability connects your business to issues greater than making money. It helps you form deeper, more meaningful relationships with people who may drive future business. Going green, a sustainable business practice, helps you save money as you produce less waste and adopt more efficient ways of doing business. All told, business sustainability helps you promote the wellness of your company, the general public, and the environment.

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

Related Articles

Effective Business Goal Setting

Effective goal setting can mean the difference between success and failure. Creating…

Read more

Classifying Assets on a Balance Sheet

Your balance sheet uses a standard framework to allow your investors to…

Read more

Establishing Term Limits for Non-profit Board Members

Setting term limits helps your nonprofit board function at full capacity. New…

Read more