What tips do you have for starting an eco-friendly business?
I want create an eco-friendly business but I do not know where to start. I'm having trouble finding business ideas that meet my small budget. Any advice?
Expert Answers
Sort by Date
Sort by Votes
Nov 13, 2020
Think about the things that you are passionate about and/or struggle to find yourself.
As an example, I have been making an effort to cut down on buying things that come in plastic containers, but there are some products that are really hard to find in alternate packaging. I would love to see more options around bulk buying, reusing containers, or even a new brand that offers products in glass/paper packaging.
Perhaps you can think about areas of your life you struggle to make more eco-friendly and see if there's a way to build a business from that.
Nov 12, 2020
You will have to put the planet before your profits and make only sustainable choices.
Barring that, how can you shrink your company’s global footprint? You might try reconsidering your use of energy. Can you survive without polluting with a/c?
Can you change your use of paper and toxic inks? Do you really need to run that copy machine all day long? Are your bathrooms sustainable or are you using paper towels and toilet paper and chlorine to sterilize it? I frequent a nail salon that washes their hand towels and uses no paper with the exception of tp, for example. That may not be realistic for you, but I know you can creatively find more sustainable practices.
Can you switch to a water purifier rather than using plastic bottles and jugs? Does your grass need to be cut or could it grow tall for pollinators and other species to thrive? Only you know. These are just a few tiny ideas.
Rethink: almost everything humans do is damaging to the environment. That is politically incorrect to say, but it is nonetheless true. When you re-wire that way, ideas just come to you. But you have to care and I can tell by your question that you do. So take the next step. You and your employees can do it. Educate them that eco-friendly choices are not optional, because they are life-friendly choices. Hopefully, they will take that home and the planet with all of us on it will be better off. Much love to you and good luck!
Nov 5, 2020
The obvious tip would to be to invest in a business that offers services instead of goods. A lot of resources are wasted as consumer products are manufactured in factories that do not follow environmental-friendly methods. For example, you can provide your services as a real estate agent. However, you'll need to have ample knowledge of the real estate markets such as the latest projects including the ones launched by Piramal Realty and the ability to sell inventories in a professional way.
Oct 26, 2020
Hello Sumaiya Akter.
Before you start a business you need to review the following. Conduct market research about the business you are planning to run and you need business plan and think about the funding of your business and business location. Choose a business structure and a business name before you can proceed to register your business.
Regards.
David
On top of all of that really think 5-10 years down the road. Think about where you want this business to be, what role you want to be in, so on and so forth.