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An Introductory Resource Guide to ECOpreneurship
As climate change becomes an increasingly pressing issue, people around the world are embracing eco-conscious consumerism. You can help make a difference and meet the demand by starting an environmentally friendly business. People are eager to support ethical goods and services, giving you a ready-made market to tap into. In an effort to encourage more initiatives, Earth Conscious Life presents this guide to ecopreneurship.
Define Your Business and Draft a Plan
Clearly formulate your business idea and structure to avoid confusion later.
● Conduct market research to assess the need for the goods/services you plan to sell.
● Learn about the different business structures and their tax implications.
● Register your business entity with your state. If you intend to do business under a different name, you’ll need to register your doing business as (DBA) name.
● Formalize your operating details and structure in a business plan.
Prepare the Logistical Elements Needed to Commence Business Operations
Before you start selling goods and services, tick these administrative boxes off your checklist.
● Set up a business bank account to handle your professional finances.
● Invest in technology to simplify business operations and save money.
● Find employees for your business that share your eco-conscious values.
Build Your Brand with the Appropriate Marketing
If you're an eco-conscious business, you want to share that with the world! Here's how to spread the word.
● Ask yourself five key questions to define your brand identity.
● Create a website that conveys your environmentally friendly focus.
● Invest in cost-efficient digital marketing techniques to raise your profile.
An environmentally friendly business is proof that you can earn money while doing good. The above guide explains how you can get started on the path to ecopreneurship. The reward of knowing you're enacting positive change will be well worth the effort!
Written by Guest Blogger – Joyce Wilson of www.teacherspark.org