sales@deal-studio.com
(800) 239-5085
Schedule a Demo
  • Home
  • Platform
    • Industry Websites
    • Professional Content
    • Lead Capture Tools
    • Sales CRM
    • Deal Management
    • Integrated Workflows
  • Marketing
    • Branding & Design
    • Digital Marketing
    • CBR Design
    • Social Media Graphics
    • Company Newsletters
    • Email Campaigns
    • Brand Development
  • Insights
  • About
    • Who We Are
    • Our Story
    • Our Team
    • Testimonials
  • Contact Us
  • Home
  • Platform
    • Industry Websites
    • Professional Content
    • Lead Capture Tools
    • Sales CRM
    • Deal Management
    • Integrated Workflows
  • Marketing
    • Branding & Design
    • Digital Marketing
    • CBR Design
    • Social Media Graphics
    • Company Newsletters
    • Email Campaigns
    • Brand Development
  • Insights
  • About
    • Who We Are
    • Our Story
    • Our Team
    • Testimonials
  • Contact Us
  • Home
  • Platform
    • Industry Websites
    • Professional Content
    • Lead Capture Tools
    • Sales CRM
    • Deal Management
    • Integrated Workflows
  • Marketing
    • Branding & Design
    • Digital Marketing
    • CBR Design
    • Social Media Graphics
    • Company Newsletters
    • Email Campaigns
    • Brand Development
  • Insights
  • About
    • Who We Are
    • Our Story
    • Our Team
    • Testimonials
  • Contact Us
  • Home
  • Platform
    • Industry Websites
    • Professional Content
    • Lead Capture Tools
    • Sales CRM
    • Deal Management
    • Integrated Workflows
  • Marketing
    • Branding & Design
    • Digital Marketing
    • CBR Design
    • Social Media Graphics
    • Company Newsletters
    • Email Campaigns
    • Brand Development
  • Insights
  • About
    • Who We Are
    • Our Story
    • Our Team
    • Testimonials
  • Contact Us
Blog
Home Seller Articles It’s Time To Embrace CSR (Corporate Social Responsibility)
Seller Articles

It’s Time To Embrace CSR (Corporate Social Responsibility)

Deal Studio November 6, 2017 0 Comments
Businessman parking his bicycle in town at a bicycle rack after

If you are unfamiliar with CSR or corporate social responsibility, you are certainly not alone.  In the coming years, you’ll be hearing a lot about CSR.  In this article, we’ll look at CSR and how, when implemented with sincerity, it can positively impact your company and its operation.

Building Your CSR Locally

One of the key ways that you can build your CSR is to think about ways to help your community.  Contributing to local community programs, for example, is a great place to start.  Everything from personal involvement to direct financial support can help build your company’s reputation within your community.

Your Connection to the Environment

A second way to build your CSR is to show that your company is thinking about its impact on the environment.  Recycling is important but so is using eco-friendly packaging and containers.  Additionally, embracing low-emission and high mileage vehicles is another good step as this lowers your company’s carbon footprint.

Advertising and Good PR

A third area to consider is how your company interacts with the marketplace.  Using responsible advertising, business conduct and public relations is a savvy move.  Likewise, providing fair treatment of your shareholders, suppliers and vendors and contractors will all help to improve your CSR.

Yet, one of the single most important areas of corporate social responsibility occurs in the workplace.  The advent of social media has helped fuel the dispersal of information.  If your business isn’t treating its employees in a fair manner and/or has unsafe work conditions or unfair employment practices, the word will eventually get out.  There has never been a more important time to treat your employees well.

Embracing CSR serves to increase shareholder and investor interest.  In short, it is expected.  Socially-conscious companies are considered smart and stable investments.  A company that has fully embraced CSR will find greater buyer interest and even a higher selling price when the time comes to sell.  Most buyers want excellent customer loyalty with no skeletons hiding in a company’s closet.  They also are seeking happy and loyal employees, low employee turnover and for a company to have a good reputation within a community.  CSR helps achieve all of these goals and more.

Ultimately, corporate social responsibility works to create additional value.  When you invest in CSR, you are investing in achieving a higher selling price and making your business more attractive to sellers.  Summed up another way, you can’t afford not to think about this topic.

Copyright: Business Brokerage Press, Inc.

Kzenon/BigStock.com

65
4883 Views
You Know the Old Saying About Loose Lips?  How Does It Impact You?PrevYou Know the Old Saying About Loose Lips? How Does It Impact You?October 31, 2017
Around the Web: A Month in SummaryNovember 14, 2017Around the Web: A Month in SummaryNext

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts
  • Employees and the Long-Term Success of Your Business November 29, 2023
  • How Can You Find the Ideal Buyer for Your Business? November 16, 2023
  • Key Steps for All First Time Buyers November 8, 2023
  • What Are the Financial Considerations of Seller Financing? November 1, 2023
  • Prepare for Your Exit When You Launch Your Business October 18, 2023
Categories
  • Blog 20
  • Buyer Articles 109
  • Buyer FAQ 14
  • Buying a Business 34
  • Content 1
  • Financing the Deal 7
  • General Business Brokerage 9
  • Marketing 6
  • Marketing for Business Brokers 1
  • Promotion 1
  • Seller Articles 319
  • Seller FAQ 33
  • Selling a Business 192
  • Using a Professional 6
  • Valuation 14
  • Workflows 1

Automate, accelerate and elevate your deal making
Email sales@deal-studio.com
Phone (800) 239-5085
Request Media Kit
View Demo Site
Platform
» Industry Websites
» Professional Content
» Lead Capture Tools
» Sales CRM
» Deal Management
» Integrated Workflows
Recent News
  • Employees and the Long-Term Success of Your Business
    November 29, 2023
  • How Can You Find the Ideal Buyer for Your Business?
    November 16, 2023
  • Key Steps for All First Time Buyers
    November 8, 2023
Newsletter

Terms of use | Privacy Policy

© Copyright 2023 Business Brokerage Press, Inc. All Rights Reserved.

SEO Services by Anuva LLC