How Being Eco-Friendly Will Significantly Strengthen Your Business

ecofriendly business

If you’re involved in business in any capacity, you are well aware that environmental considerations are becoming a hot topic in the business world. Today, eco-friendly companies are becoming increasingly competitive and even traditional companies, independently owned business and large corporations, are adopting a more environmentally friendly approach to better connect with customers and to overall strengthen the business. There are many ways in which you can adopt a more eco-friendly approach in the office, and even the smallest changes, such as going paperless, can yield a significantly big impact.

The Public Impact of Going Green

Adopting more environmentally friendly policies in your business can lead to a boost in public support. If you are considering going green it is likely that the switch will solidify support for your business among environmentally conscious consumers and perhaps open up new opportunities for collaboration with other businesses or clients who are part of the environmentally friendly world. Making the choice, for example, to move away from paper products to full recyclables or digital copies can be an excellent way in which to boost your profile in the market and the community.

The Savings of Environmentally Friendly Policies

The single biggest reason to go ahead with environmentally friendly policies is because of the incredible savings. A rather significant operating cost almost all businesses have is the cost of paper. Paper is a recurring cost that drags down a company’s efficiency. Imagine being able to eliminate this cost entirely and instead devote the resources you were allocating to paper costs elsewhere to product development or customer relations. The cost of paper will only ever go up as it becomes a more costly resource, so consider adopting non-paper technologies such as going digital.

The Environmental Impact of Business

Doing business doesn’t necessarily have an environmental impact but going green can mean that you lessen that negative influence on the natural world. The use of paper in your business certainly negatively affects the environment as paper production involves the destruction of forests and involves manufacturing that increases carbon production and uses high levels of water and electricity. Switching to a paperless office can not only save you money but it can mitigate your company’s negative impact on the environment and might even render you eligible for certain tax benefits or credits.

If you make the move to a paperless office, you can rest assured that you’ve moved your company in the direction of the future. As other companies make the switch to a green office you want to be along those that are the most environmentally conscious.

Conclusion

The future of business is green and if you want to capitalize on the environmental business movement consider eliminating paper entirely from your office. This is an excellent first step to take if you want to make a more comprehensive switch to eco-friendly policies. Environmentally friendly policies will improve your market profile, mitigate your carbon footprint and most importantly save you money. Going green doesn’t just make smart business sense, it is the right thing to do as a company.

Financial Closure- When a Loved One Departs

When someone close to you dies, especially a family member, something that can add on to your misery is the whole procedure of sorting out financial assets and liabilities. Dealing with the paperwork and documentation gets confusing, for those already dealing with the loss. There are some essential procedures that need to be followed to avoid compliance and other legal issues impending smooth transfer of assets. So, here’s a check list!

The first and the most important documentation that is needed to permit transference of inheritance is a WILL. A Will needs to clearly state and describe the assets, and the share of each beneficiary. While tangible assets are the most common ones, the intangible assets such as copyrights and trademarks, and other intellectual properties can also be transferred through a Will. Registering a Will is as important as creating one, such that the terms and conditions mentioned in the Will are enforceable by law. For example, an ancestral property cannot be passed on to a different beneficiary other, because the right to a share in ancestral property accrues by birth only. After the death of the owner, the Will is probated by the legal heir, while the court will send notices to other claimants as well. (A probate is copy of the Will that is certified under the seal of a court of a competent jurisdiction and is conclusive of evidence of the validity of the Will.) What if there is no Will at all? Well, in that case the inheritance will be based on the applicable laws- the legal heir has to obtain a Succession Certificate and the procedure thereafter is long and exhausting.

What else apart from the Will? The legal heir needs a death certificate to start with, also it is compulsory to register the death within a specified period of time, and if failed to do so, there maybe be charges and additional paperwork. Probate or Succession Certificate is another document that has to be submitted along with the claims form provided by the organization. Also, copies of document that establish ownership should be provided with an ID and other proof of the person in whose name the assets are to be transferred.

The other side to claiming assets and closing accounts is handling taxes, loans and other liabilities. The legal heirs are obliged to pay off the debts, and this obligation rests on the proportion of shares inherited by them. There may be other loose ends to closure, such as agreements and business partnerships that have to be dealt with. It is best to consult a local lawyer in this regard.

A few simple safeguards taken early on can save a lot of hassle!