Paper costs your business time and money

Posted: 13.02.09  |  Created by: Do Something

Did you know…

…paper increases the cost of running your business?

• Australian businesses spend hundreds of millions of dollars every year on business mail.

• an estimated 55% of office waste is paper - much of it printed on only one side. (1)
  
• one multi-office audit found employees used an average of 39 reams each - that's 19,500 sheets of paper per employee. (1)
  
• if employees printed double-sided on just half of that paper, it would save $60 per employee or $600 for an office with ten people.
  

• printing, copying, packing, posting, storing, filing, finding, recycling and disposing of paper can cost businesses up to 31 times as much as the price to buy the paper. (2)

• the average photocopier uses $1500 worth of electricity, $24,000 worth of paper and $15,000 worth of toner over 7 years.
  

…paper costs business millions in wasted time?

• on average, staff spend 9.6 hours a week searching for information. (3)

• research indicates that it costs up to $120 in labour to find a mislaid document.


• a company of 1000 workers wastes $7 million in staff time looking for information. (3)

References:

(1) EPA Queensland
(2) Minnesota Pollution Control Agency
(3) Information Age

Read some great tips on how to reduce your paper usage.

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