The SCR Chambers: Sheffield
Sheffield Chamber of Commerce
Support. Grow. Connect.
Our mission is to lead the way in making Sheffield the best place in the UK to start, grow and run a successful and sustainable business.
Balancing business today with a renewable future
to create 250,000 jobs, bring forward the ban on the sale of new petrol and diesel cars to 2030, and cut emissions by 230 million metric tonnes from industry, transport, and buildings. There are plans in place to achieve this but what can
A
businesses do now to reduce emissions whilst balancing the books?
s businesses continue to grapple with Covid-19, the Net Zero 2050 target is looming in the background. The Government has recently released its energy white paper which pledges
‘We always
provide green energy as an option when
Cutting energy waste Research indicates that on average, a business wastes about 20% of the energy it uses. That’s not only a sustainability problem, work that into a financial cost and it’s money down the drain. Businesses can start by developing energy efficiency plans to make immediate
quoting for new contracts’
savings. Reviewing operating processes against consumption data and making changes to old equipment such as lighting will move the business forward on their journey.
Buying green doesn’t cost the earth Buying green energy generated by renewable sources has become more available, with suppliers offering most or all energy from zero-carbon sources. Kayleigh Thompson, Energy Manager from Professional Energy Purchasing, said: “We always
provide green energy as an option when quoting for new contracts which is often no more expensive than brown energy. We’ve also just helped a member who needed to buy green energy as part of the conditions of applying for a Covid grant which indicates a push towards it.” So even at a basic level, with a bit of shrewd buying, businesses could save money and start to
do their bit to save the planet. Professional Energy Purchasing is the approved Energy Partner for Sheffield Chamber of Commerce and has saved members over £80,000 on energy costs.
To discover more, join Sheffield Chamber at their upcoming event, What ‘net-zero carbon’ really means for business, on 30 March 2021.
Understanding the importance of credit control
If you’re struggling with cashflow in your business, you need a credit control solution. Asking for overdue invoices can often be a
task relegated to the bottom of the list – but it’s vital that it isn’t. £50bn is overdue to businesses at any one time – and 47% of invoices are paid late. This can not only cause stress and worry for
you and your employees, but it can have a serious impact on your cash flow and your business as a whole. With a good credit control system in place, you can focus on doing what you do best. It can be daunting to ask your customers for
an unpaid invoice, but with an app like itsettled, your credit control will never be a difficult and unwanted task.
50 CHAMBERconnect Winter 2021 You simply upload your invoices to the app,
and will be automatically prompted each time you need to complete the next step – it really is that easy. You can choose to send your invoice letters
yourself, or the app can send them for you. You are always in control. The process that itsettled uses has been tried and tested by thousands of customers, and retrieved over £350m for businesses just like yours.
Members of Sheffield Chamber can trial itsettled for free and receive an exclusive 20% off subscription rates. For more information, call Sheffield Chamber on 0114 201 8888 or email
membership@scci.org.uk
Chase late payments and maintain a positive cashflow
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