Anne-Marie Saint-John, Alva, Long Island City, NY >
FAQ Regarding Green Businesses
#1 – What does it mean to be a “green business”?
A green business, or sustainable business, is one that makes decisions around its operations benefiting profits, people, and the planet. At Ascendus, a green business loan is one that helps entrepreneurs incorporate green products or conserve energy in business operations.
#2 – What incentives are available for green businesses?
There are green tax incentives and business tax credits for businesses of all sizes.
Business links and resources provided by the US federal government detail options to improve energy efficiency in your facilities and growth related to the environment. There are also financial incentives that can help you save money such as tax credits and deductions, sales tax exemption, property tax exemption, and discounts.
For more information on any federal policy or incentive promoting energy renewal and conservation in a particular state, local area, or public service, visit DSIRE.
#3 – What ecological regulations do my business have to follow?
There are several green regulations for small businesses. Before starting any business, you should know about the business green regulations that exist for waste, water quality, air quality, pesticides, toxic substances, and much more in your area.
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#4 – How do I start a green business?
If you are thinking of starting a green business, read the following tips:
- Find your niche: As the natural and organic lifestyle continues to attract users, there are many possibilities for growth; look for opportunities that match your interests.
- Get a certificate: To differentiate your product or service as a truly environmental one, obtain a certification from an independent or third party (more information on certifications below). Being certified means that you can include the ‘green sign’ on your product label and other marketing materials. The green sign is important to attract “green” users.
- Practice what you preach: The most successful green businesses don’t just sell the green lifestyle, they live it. Selling green products means being green, and this helps build a socially responsible name and image.
#5 – How do I go green from my existing business?
It is definitely possible to turn your existing business “green”. Consider doing these activities:
- Energy efficiency
- Water conservation
- Green shopping
- Waste reduction
You can do these activities at a low cost and they will eventually lower your business costs. For more information, visit the Ascendus Tips for Green Businesses page
#6 – How can I make an energy-efficient company?
Start with an energy assessment.
An energy assessment, also known as an energy audit or energy inspection, is the first step in the process of making your business more energy efficient. Energy audits evaluate energy use in your business with recommendations for improvement, which will ultimately decrease your costs.
Your energy company likely offers special low-cost or free audit programs and financing for renovations. Call your energy company and see if they have such options.
For more information
To stay up-to-date on the latest small business green regulations, visit the Federal and Local Business Regulations link.
