Refurbishment and buyback

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is what they answered: Recycle waste (70% of responses) Userenewable energy (62%) Reduce waste caused by production methods (61%) Extendthe lifespan of products (61%) Reuse materials in their production processes(60%) The main responses recorded illustrate clear expectations for SMEswishing to adopt the circular economy. The preferred actions all aim to makeproducts and production processes less toxic to the environment. For interestedbusinesses, sustainability software can make it easier to monitor and managetheir environmental impact. Examples of activities related to the circular economyfor SMEs Finding ways to reuse or refurbish existing products and implementinga buyback and recycling program are two other solutions cited

by at least 50% of respondents. programs require customer Bulgaria Mobile Number List  participation, as do other circular economyactivities such as buybacks or sales of used and refurbished products. Thesevalue retention processes are among the key activities of the circular economyin Canada and can provide significant benefits to businesses that adopt them. Hereare some of the positive effects of these processes: creation of new jobopportunities reduction of costs and general production quotas offering cheaperproducts to customers SMB Tip : When you implement company-wide changes, teamsand departments may need help and time to adapt. Change management tools canhelp align teams with new workflows and keep businesses agile

during these transition periods. Would consumers be willingto pay more to support the circular economy? Before changing their business modeland budget allocations to implement circular economy measures, some SMEmanagers may question the level of consumer interest. Our survey participantswere asked if they would be willing to pay more for products manufactured usingcircular economy practices. 50% would be willing to pay more while 50% wouldnot be willing to exceed their current budget. For those who would be willingto pay more, the majority (51%) would agree to pay between 10% and 20% more.Budgets allocated to the circular economy Tip for SMEs : When adoptingprocesses to support the circular economy, you need to rethink pricing