March 17, 2022
by Regi Publico
Are you looking to start a business? One of the most powerful options you have for first-time entrepreneurs is to tap into the sustainability market.
Surveys say that 65% of people are looking to buy “purpose-driven” brands. That number should be growing as millennials are aging.
With that said, are there any sustainable business ideas that any new entrepreneur can use? The answer is a resounding yes, and there are many choices you can try. Here are 6 picks that new business people can try to start a sustainable trade.
1. Bike Sales, Parts and Repairs
One of the most straightforward but most profitable new businesses that entrepreneurs can try is selling bicycles, bike parts, and bike repairs. More and more people are taking on biking, primarily due to the pandemic over the past few years. There are also environmentally conscious commuters looking to simplify how they move around.
At the same time, many people out there need reliable bike repairs. Some people simply don’t have the time to make necessary repairs to their bikes, primarily if they use them to commute to work. Whatever the reason, there is tremendous money to be made by buying bike parts and repairing bicycles.
If you’re genuinely environmentally conscious, the entire business will help you align internal processes with sustainability in mind. You generate zero pollution while you help people use zero-carbon transportation. Bonus points is that bike repair is not too technical to learn.
2. Start An Eco-Friendly Meal Planning Business
Speaking of sustainability, another business idea you can try is starting a meal plan business, which can help people get the nutrition they need and help them meet their weight goals. While more and more people are choosing to shop organic, and it’s tempting to do this, don’t do it.
Organic food is neither sustainable nor good for the environment, as the entire process is mostly a marketing scheme. While people want better health, it’s best to focus on good nutrition and wholesome foods. Other big companies do this already, but there are many ways you can differentiate yourself.
You can use ethically-sourced ingredients, free-range meats, and focus on the vegetables for starters. You would also want to make your meal plans to focus on a customer’s specific needs, whether it’s low-carb, low-fat, keto, or vegan. This is also a business that you can start from the back of your kitchen, so getting started shouldn’t be a problem.
3. Furniture Upcycling
Did you know that furniture upcycling is one of the biggest movements out there? Over the past few years, there has been a rise in people sourcing furniture from thrift stores, recycling items, and upcycling them into furniture. This is not only a good and profitable business, but it also helps the environment.
Many people have too much furniture in their homes, and most people aren’t using their furniture. Upcycling furniture is a great way to get rid of old furniture while repurposing it or reviving it for further use. Most furniture, especially those made of wood, can get new life as distressed-style furniture.
You can also repurpose furniture for other uses or reupholster sofas for them to have a new look. One fantastic way to get solid profits is to work through flea markets, bargain bins, and garage sales. You can even go house to house so you can take furniture and save people from disposal fees.
4. Composting Business
If recycling and upcycling furniture aren’t your thing, you can try another sustainable business idea: creating compost. Composting isn’t exactly new, and people have been doing it for decades. However, the popularity of composting has risen in recent years.
While most people already compost at home, there are people out there who don’t have the luxury of having a backyard. Municipal composting programs help save the environment, but many people don’t have access to these.
All-natural, composted fertilizer can make a lot of money. It primarily uses materials like peels, manure, and other materials that you can control. The compost you make from organic waste can be used to grow plants and even sell it to startup farms looking to go natural. Composting can also generate profit, as you sell it to the local community, which means less operating cost for you.
5. Keep Bees For Local Honey
Another option that you can try is beekeeping. While there are plenty of people selling honey, there are even more who supply it to stores. Selling local honey can be an excellent way to profit while making your customers happy.
While beekeeping may not be for you, there are plenty of other ways you can use your bees. You can keep beehives in your backyard and offer beehive tours to visitors. If you’d rather not deal with bees yourself, you can buy a hive from someone and rent it out. You can also sell honey to stores or people who can use it for cooking.
Bees also generate more materials other than honey. Beeswax itself is ultra-valuable, used for many cosmetics. If you have access to specialized monofloral trees and plants, you can also start your unique type of honey.
6. Plan Sustainable Events
If you want to start a sustainable business, you may consider planning sustainable events like conducting virtual trainings. Sustainable events use fewer natural resources, meaning your event will save money and resources.
Sustainable events mean that your event will be zero-waste, use eco-friendly food, and rely on local vendors. As more people start demanding more sustainability, you too can start making profits by organizing these green events.
Sustainable events are still very new, so there isn’t too much competition. Hiring freelancers might help your company grow faster and help you take advantage of the lack of competing businesses.
If you’re committed to running a sustainable event, you can even build your venue. Any waste from the event can be used for composting while taking advantage of seasonal food and designs.
As you can see, there are many options for starting a sustainable business. While the ideas on this list are tried and true, there are also new sustainable business ideas that you can start. You can think of starting your own business as the start of a sustainable movement, no matter how big or small.
Keep in mind, sustainability isn’t just about recycling and reusing. You need to think long-term and invest in sustainable materials while making money down the line