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Green Start: An Introduction to ECOpreneurship

With a warming climate, rising sea levels, and an ocean full of single-use plastics, there’s never been a more urgent call to arms for eco-minded businesses than now. If you’re looking to save the planet and make a living in the process, it’s time to equip yourself with the know-how before you launch your new green venture. Here are some tips from Greenisms to get you started right.



Bureaucracy

As an ECOpreneur, you’re still subject to the same legalities and paperwork requirements as normative businesses.


  • Understanding business licenses and permits is necessary for running a company in line with state and federal policy.

  • Securing a 9-digit employer ID number (EIN), also known as a Tax ID Number is necessary so you can open bank accounts, hire employees, and protect assets.

  • There are a number of grants, loans, and assistance programs specifically for businesses looking to reduce emissions, protect the environment, and cut down on unsustainable practices.


Financial Management

Securing investment and managing finances are both core priorities for new ventures. Make sure you understand these important processes ahead of time.


Brand Exposure

As an ECO brand, one of your first priorities should be to gain exposure and popularize your products/services.



Running a Sustainable Business


Part of being an eco-friendly business is implementing sustainable practices.


Even as the natural world faces increased peril, there’s never been a better time for ECO-focused businesses. With the right strategy, it’s possible to help protect the environment and make a profit in the process.


Greenisms creates a place for individuals to share their perspective, and perhaps find the information helpful on the journey towards sustainability. We’d love to hear from you!


Composed by: Courtney Rosenfeld of Gig Spark.

Image by Pexels

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