Business Telegraph

The Entrepreneurs

SUSTAINABLE SMALL BUSINESS’ GROWTH IN 2020

  • Written by News Company



When it comes to a rather smaller business, any kind of growth seen within it is considered to be a triumph. However, if you have a small business and want to tread towards productive sustainability then there are few things that can help you. The year 2020 is all about making sure that all kinds of practices that we do in our daily life or business must lead towards creating a more sustainable system. This means that it is high time that we really work towards making sure that our methods can be as supportable as possible for the future of our younger generations. Here are some sustainable ways that small businesses can focus on to ensure growth in 2020.

Use Safer Equipment’s

Many small businesses often tend to ignore this fact but do not realize that it is really important for the growth of their business. The kind of equipment and materials that you use in your production or manufacturing can have a huge impact. Equipment and electrical ones, in general, must be of good quality so that they can provide you with much more sustainable practices. The testing of equipment can make sure that they are not using more energy than required making it evident that you are keeping your methods much more viable. Several companies today provide small business with optimum test and tag services that both visit your workplace and can also ensure that the electrical equipment when tested is safe for use. By doing this you can actually be certain that your small business is keeping safety measures in mind and aiming to make its practices more sustainable over the course of time. This can help you in reducing the risk of fires and other kinds of emergencies that can have a huge impact on the overall growth of your business.

Be Socially Responsible

When you are working towards the goal of making sure that your small business is acquiring sustainable practices for its growth in 2020 then you must be socially aware and responsible also. This is very important that you are very much focused on opting a business that supports your local community. Try to go for raw materials or products that are sourced locally and made within the area you live in. Many customers also prefer to support a business that is more socially responsible and are green. For instance, if you have a small bakery or café then you can include sustainable practices by supporting local farms and options to source your food. Another great way to do that is by introducing recyclable materials or packing options. This way you can make your customers understand how deeply committed you are to sustainable practices thus making them support you more. All this is crucial for your growth as a business in today’s day and age.

Set Reduction Targets

We all know that the amount of carbon footprint that every individual, society, and business leaves on this planet’s climate is increasing exponentially and it has a huge impact on the overall sustainability of the planet. When you are a small business you might tend to have a lesser carbon footprint than other bigger ones but nonetheless, you still have some. Your goal in order to accelerate your business growth must be focused on reducing your current carbon footprint as much as you can. The best way to do that is by setting some sort of reduction targets for your activities that can be achieved within a period of time. You can do this by studying your actual carbon footprint report and then setting targets. For example, you can analyze your practices and then see if you can try to reduce some percentage of your carbon footprint in the coming five years. Maybe you can aim to reduce one per cent carbon footprint each year that leads up to a total of 5% reduction until 2025.

Invest In Your Workforce

Well, this is one fact that cannot be stressed upon enough in order to promote sustainable growth for your business in 2020. Your workforce is actually a very important asset for your business. Investing in your workforce does not necessarily mean in the financial terms. This focuses on keeping them satisfied and making them happy. Think of Maslow’s hierarchy, does the top of the pyramid ring any bell? The idea of self-actualization is very important here. Make sure that you keep your workforce happy and support them in any way possible. If there are people who have trouble due to transportation, work the issues out with them. Trust me this will hugely impact your growth and sustainability. Encourage the workforce as much as you can to get involved within the community. This will show your customers how well aware your business is in terms of working on things that matter in real life.

Utilize Technologies

This is a great step that many small businesses can take seriously in order to make sure that they are progressing towards sustainable growth in 2020. Technology is a huge enabler that has and is changing the way we perceive business practices today. From e-receipts to the use of solar panels there have been many new tech advancements that have given the small business a huge boost. It can help you in determining the supply chain data that you require with increased demand in the most effective manner. Did you know that over eighty per cent of manufacturing executives are actually relying on investing in sustainable technologies for the growth of their business? The reason for that is that technologies are utilized in the proper way can give your business a huge sustainable boost overall.

The key to making sure that your small businesses have sustainable growth in 2020 is to be ambitious and patient. Big changes certainly do not happen overnight so make sure you have effective mechanisms to deal with changing environmental needs and are working towards a few of the practices mentioned above to ensure that your growth is as sustainable as possible for the future of the world.

Entrepreneurs & Leaders

After Black Friday, It’s All About CBD Cyber Monday

We all know the many purposes of CBD or cannabidiol. It has been able to catch the attention of many people ever since...

Continuing Medical Education - Importance

Doctors are the link between us and our health. They are an important component in the continued well-being of our...

What You Need to Know About Front End Loader and Training to Be an Operator

A Front end loader is also referred to as a loader or a bucket loader. This is a piece of heavy equipment that’s n...

Enhance the Security of Your Valuables with Lockers

Workplace or office theft is one of the things that nearly everyone is highly concerned about nowadays. It’s impor...

3 decor ingredients for the perfect guest bedroom

It is a room that is often left until the very end. At the same time, believe it or not, guest bedrooms are someth...

Major Ways in Which Technology is Changing the Oil and Gas Industry

Digitalization and technological innovation are transforming virtually every industry that they come in contact wi...

10 common signs you might be having money problems

Life can seem like it’s under control but for many people, managing finances is an ongoing issue that can affect eve...

Home Interior Painting: Is it a Good Idea to Paint during Winter?

Want to re-design your home with new paint? Discover how to revamp your interior house painting this winter and with...

7 Simple Ways to Childproof Your Home

Unfortunately, your own home can turn into a safety hazard for a small child if you don’t take it upon yourself to...

Sydney Pest Control Quick Traps Against Vermin Invasion – Effective, Fast, and Easy!

How can you be vigilant when it comes to rodent infestation? There might be one trying to sneak into your home rig...

Ozzy tyres 4x4 wheels review

The performance of a 4x4 vehicle depends to some extent on the wheels and tyres fitted on the vehicle. Hence the vehicle...

Genealogy Resources and How to Use Them Effectively

There are plenty of online and analog resources that can provide tutorials, further resources, and troubleshooting...

Redesigning Your Garden

Tired of looking through your kitchen window at the same drab garden? Are you feeling creative and have the desire t...

Five ways to help your child get a good night's sleep

It is a challenging factor for each parent to get the children on time to bed every night. Parents are dealing with ...

A Help Guide on Tow Truck Insurance

Do you have tow truck insurance requirements? If yes, then you have come to the right place. Reading this guide wi...

Businesses Must Not Ignore Men’s Mental Health

As COVID-19 takes its toll on the mental health of employees, workplaces must look to provide support Businesses ...

Things To Know About Electric Scooters

Ultimate electric scooters have been accepted as one of the most preferred modes of transportation. With the new t...

How To Choose Leather Watch Brands

Every accessory has its value and beauty to add on to the user using it. A watch, the most common accessory, is no...

Aerated Treatment Systems: The Best Alternative for Septic Systems

In rural areas with houses that are spaced widely apart, residents use onsite water treatment systems like aerated...

Would you be able to bring down business transfer expenses?

While you can agree to an online-based business account like TransferWise or PayPal or go with the great standard ...

Top 10 Office Desk Accessories You Must Buy

The design or set up of your office is one of the important factors affecting your productivity. Available space, ligh...

10 Female Inventors You Should Know About

We are all aware of the great and historic male innovators such as Alexander Graham Bell and Benjamin Franklin. Ho...

Startups to ‘explode' post COVID-19

Frenetic start up activity is imminent as business begins to adapt to a post COVID-19 economy, according to the ho...

New Tech Career Programs Opened Up For Thousands of Job Seekers

Randstad partners with veteran business WithYouWithMe to help Australians gain new tech skills Global leader in H...



News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion