Launching a Sustainable Business: Handy Resource Guide for ECOpreneurs 

Today we have a guest post by Joyce Wilson about the need for eco-friendly businesses and some tips on how to build one! She includes a lot of links to scholarly and informative articles. I learned a lot and think you will too. Enjoy! – Rachel

Sustainability, aka environmental-friendliness, is the need of the hour. The planet is suffering, the ecosystem is out-of-whack, and more pandemics are possibly on the way. Only sustainable businesses – the ones operating harmoniously with the environment – are likely to survive and, indeed, thrive in the future. 

In this mini resource guide, I offer an introduction on ECOpreneurship and building a planet-friendly business: 

Learn about the building blocks of sustainability. A business is eco-friendly when it is neutral or net-positive in three ways: socially, economically, and environmentally. These aspects together make up the three pillars of sustainability. 

Design sustainable business practices:

  • Have a sustainability audit of your proposed (or active) business processes like product development, accounting, transportation, and customer engagement. 
  • Measure your sustainability metrics. The goal is to improve and refine your processes and continue adapting. 

Make your business eco-friendly:

  • Research sustainable alternatives that are low-cost, low-waste, and high-efficiency.  
  • Implement sustainable business processes. Some examples are using eco-friendly materials and utilizing clean energy.  
  • Make your business a part of an environmentally-friendly chain. Look for eco-friendly partners, from suppliers to customers. 
  • Comply with ecopreneurship-related laws in your region. Be sure to stay abreast of the latest developments. 
  • Don’t forget the basic legalities. It’s mandatory for you to have an EIN number, for instance, according to ZenBusiness.

Sustainability won’t be easy to implement, but it can be very lucrative. Customers love sustainable businesses and will often pay a premium for eco-friendly products. For the best results, market your sustainability and communicate your eco-friendly nature at every touchpoint. 

Joyce Wilson is a retired teacher and enjoys sharing lesson plans, resources, and teaching tips on Teacher Spark. Her website is a compilation of practical resources that will inspire student engagement and instill a love for learning. By tapping into a student’s natural creativity and curiosity, Joyce believes that they can take their education to a new level. (Images via Unsplash)

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