Three Ways Businesses Can Save Money By Using Bins For Recycling

Today, it is a well-known fact that recycling has a massive impact on the environment. It saves raw materials, utilities, and greenhouse gases to name a few. What many people don’t realize, however, is that bins for recycling can have a positive impact directly on their business. With recycling as fast and easy as throwing something in the garbage, why not hop on board?

Recycling Initiatives

With so many different initiatives available, recycling is more than just feasible. Using bins for recycling is actually cheaper in many places than garbage removal. Cities, towns, and other levels of government offer businesses a discount on their services if they choose to reduce the amount of garbage they throw out.

Others impose monetary fees on garbage pickup. To encourage companies to use recycling bins, Toronto started a ‘Yellow Bag Program,’ which requires businesses to pay a flat fee to empty a dumpster or they need to purchase a ‘yellow’ garbage bag in order to have their garbage hauled away. The city charges businesses a fee of $3.10 per bag while the pickup of recycling costs nothing.

Advertising

Other governments have found different ways to encourage the use of bins for recycling. Some allow businesses to ‘adopt’ recycling bins. The business is responsible for calling the city if the bin gets full between pickups, and in return, the business gets a free advertising space.

Most companies spend hundreds and thousands of dollars to increase their word of mouth advertising. You get a large portion of this free when you use recycling bins. Toronto companies and businesses in other areas find that they gain many valuable relationships through their eco-friendly waste management practices. Organizations such as bin suppliers, and recycling haulers work with many different businesses that can prove to be extremely valuable to your company.

Specialized Recycling Programs

A new wave of incentives associated with the increased use of bins for recycling involves fresh new programs and ideas to the industry with new programs constantly appearing. Non-profit organizations will come into your business to pick up your recyclables, process them, and ship them away for the profits. This way, it doesn’t cost you a thing to use your recycling bins. Toronto and charity organizations in other areas often use this type of program to collect cans and bottles for the deposit.

Other programs involve allowing non-profit organizations to have your recyclables to make crafts and products that they can sell for money. Yet another idea is a ‘swap a bin’ program where you trade your unwanted products with another company who discards materials you can use like paper shredded for packing material.

Using bins for recycling is just as healthy for your company as it is for the environment. You can avoid penalties for your garbage, save from incentives, profit from advertising, and even help others through simple donations that essentially cost you nothing. With all of the benefits, eco-friendly ideas like these are quickly becoming an essential component of successful business plans.

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