Hello good evening, my able entrepreneurs, big ups to all the effort we are putting up in ensuring we fed dealt with the challenges of others and make a living out it. The world also looks out for us and with that we need make evey plans to succeed and be sustainable as well.
Today, allow me to take you through ways, by which you sustain your business amidst challenges that might arise
A sustainable business, or a green business, is an enterprise that has minimal negative impact, or potentially a positive effect, on the global or local environment, community, society, or economy, a business that strives to meets the triple bottom line.
Sustainable businesses have progression environmental and human policies. In general business is described as green if it matches the following criteria.
- It incorporates principles of sustainability into each of its business decisions.
- It supplies environmentally friendly products or services that replaces demand for non-green products and/or services.
- It is greener than traditional competition.
- It has made an enduring commitment to environmental principles in its business operations.
A sustainable business is a business that meets the needs of the present(world) without compromising the ability of future generations to meet their own need. Sustainable business creates value for customers, investors, and the environment. It meets customers needs without harming the environment.
Positive outcomes that businesses adopting sustainable and responsible practices may enjoy include.
1) Benefits to the Enterprise
- Improved financial performance
- Lower operating cost
- Enhanced brand image and reputation
- Increased sales and customers loyalty
- Greater productivity and quality
- Greater ability to attract and retain employees.
- Access to capital
- Product safety and decreased liability.
2) Benefits to the community and the General Public.
- Charitable contributions.
- Corporate involvement in community education and development programmed
- Product safety and quality.
3) Environmental Benefits:
- Greater recycling of materials
- Better product durability and functionality
- Greater use of renewable resources
- Integration of environmental management tools into business plans, including life-cycle assessment and costing, environmental management standards and eco-labelling.
I believe the little effort we put up will go a long way to grow our business thereby sustaining it present and the future as well.
The best opportunity have come to us to thrive on especially with the advancement of social media platforms like steemit.
Good luck to us all and lets continue to learn together and grow,
Long live our businessess.
Welcome to the Steem Entrepreneur Community.
Thanks you for your share about Study Guide for Steemit Entrepreneurs.
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you welcome bro
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Thank bro
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