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Going green is more than just a charity or a cause, but a strategy that more and more businesses are adopting to save on taxes. There are few companies or individuals who were untouched by the bad economy in the last few years, and safeguarding with good tax strategies can make “ecofriendly” a very appealing label for any business.

Eco-friendly can pay off in the form of:

  • Tax breaks

  • Rebates

  • Tax credits

Environmentally conscious activities can also result in long term benefits:

  • Lower energy costs

  • Positive brand image for clients – get seen as caring and honest.

Federal incentive to “Go Green”

The government incentivizes businesses to convert their offices into green environments. This can include the electricity overhauls, investment in renewable energy, implementing green methods, and creating a paperless environment.

The best way to create a paperless environment is with a good document management system. Depending on your industry, it can come with any level of security and you can kill two birds via resolving the green issue, and resolving the clutter and disorganization caused by email and paper communications.

A quick inventory by 5i Solutions guarantees that all documents are scanned and, with Optical Character Recognition, or OCR software, the text that is scanned into the system can still be searched without being in the right format. Invoice numbers, case files, and key subjects can be revealed quickly and efficiently – and you can go ahead and recycle those old papers. Had enough of rifling through a masses of paper boxes sorted by your last mover? Don’t bother. A paperless office is something the government is willing to help you pay for, and will earn you your customers’ trust and admiration as a responsible, caring corporation. Finally, the overall organizational benefits are unparalleled. Paperless, “ecofriendly” or green – call it what you like. Right now, it’s just a wise business decision.

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