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Advantages and Disadvantages of Going Green

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Advantages & Challenges of Going Green for a Company Introduction Many companies are either thinking about instituting green strategies and technologies, or have already put some of those environmentally responsible technologies and strategies in place. This paper reviews some of the advantages and challenges of "going green." Challenges There are reasons for companies to be cautious and do the research before launching a program that includes green technologies and practices. The small business site, Padosa, points out several challenges, including the fact that 70% of small business owners (polled by the Gallup organization) believe customers "…are unwilling to pay more for green products" (Bullen, 2009). Another challenge for a company is being able to find out what resources are available when it comes time to make green changes; using alternative energy (solar, for example) is an excellent start to the greening of a company but a survey by the National Small Business Association shows 30% of businesses are "unaware of local utility assistance programs" (Bullen, p. 2). Money is always a challenge when going green: the Gallup poll reports that 52% of businesses cite lack of cash flow as a reason for postponing green applications. For example, switching to solar (installing collectors) very expensive and the pay back in terms of savings doesn't happen for several years. Chris Joseph (Demand Media) explains that part of going green is going "paperless" and this

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