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Small businesses interested in going green

Cash flow is the top reason why small business owners don’t make their firms more energy-efficient. This news comes greenmovementfrom data released by the National Small Business Association (NSBA). Despite restricted cash flow—likely due to the economic downturn—more than a third of small business owners have invested in energy efficiency for their business in the last 18 months, however.

“We are seeing a trend among small-business owners who are looking to improve not just their bottom but the environment as well,” stated NSBA President Todd McCracken. “One-third of survey respondents said their business is currently offering energy saving products or services, and nearly a quarter actively strive to do business with “green” companies.”

Although just 18% reported they plan to invest in energy-efficiency improvements in the coming year, nearly half said they would do so if provided with increased information, technical assistance, grants and/or rebates. Additionally, 67% said they would consider investing in alternative energy sources if provided with increased information, technical assistance, grants and/or rebates. Sixty-one percent said they would consider investing in alternative-fuel or hybrid vehicles for their business if it was accompanied by a tax credit.

NSBA has long held the belief that energy efficiency and entrepreneurial growth can go hand-in-hand. Ninety percent of businesses surveyed have been negatively impacted by rising and/or volatile energy prices, and they are actively looking for ways to minimize the harm.

 Please click here view the full survey results.

Source: National Small Business Association, www.nsba.biz


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