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3 Tips for Creating a Successful and Sustainable Business

3 Tips for Creating a Successful and Sustainable Business

December 5, 2022 entrepreneurship, Goals, small business, sustainability

Guest post by Ed Carter.

Nowadays, more people are interested in reducing their carbon footprint. If the planet’s rising temperatures and overflowing landfills concern you, it may be time to take action and create a business that aligns with your passion.

When building your business, determine whether you are an entrepreneur or a freelancer. Entrepreneurs sell products, whereas freelancers sell time. Here are some tips for helping you achieve your green entrepreneurial dreams.

 

Write Your “Greenprint”

Before you can write your business plan, narrow down your company options. Different company ideas include ink refill businesses, retail, catering, and landscaping. Eco-friendly companies use sustainable materials and try to cut down on carbon emissions.

According to the experts, your business plan is necessary to guide you through each stage of starting and managing the company. The business plan should start with your executive summary or your statement on what your company sells and why you believe in its success. In addition to the executive summary, you need to determine your company’s competitive advantage and how your company will solve different problems.

 

Prepare for Ups and Downs

Most businesses require some amount of funding in the beginning. Your startup could benefit from a small business loan. When choosing a business loan, you have traditional options from banks and SBA loans. The U.S. Small Business Administration guarantees the loan for SBA loans to make it less risky for lenders to offer you money.

Throughout your business, you’ll have good days and bad days. Keeping your business afloat takes a lot of time and effort. Sometimes, it may feel like you are not accomplishing enough. You have to learn to handle the stress of being an entrepreneur.

Learn to break down your problems into smaller pieces. One way to handle stressors is to break them down to find a solution. When necessary, schedule breaks for yourself. You can take these breaks to unwind, exercise, practice yoga, or leave the company behind for a short time.

You should also look into different funding options you can use throughout the life of your business. There are various places you can go to search for small business grants.

 

Bring Attention to Your Company

For your business to have success, you have to be able to promote it. Your marketing plan should be a part of the overall business plan. Determine the demographic you want to meet and set up a website for your company. To keep people on your website, continue adding a blog. You can use the blog to inform people about how your company plans to help the environment or keep people up to date on green issues.

In today’s digital age, social media is an essential tool for promoting your business. Not only does it give you a platform to share your products and services with a wide audience, but it also allows you to connect with potential customers and build relationships with other businesses in your industry.

One of the best ways to reach your target audience on social media is through memes. Memes are a powerful marketing tool because they are highly shareable and can reach a large audience quickly. They are also often funny or relatable, which makes people more likely to remember your brand. Consider using a meme generator—this could be the best option for easily creating a customized meme.

Many people are looking for green businesses to reduce their carbon footprint. When building your company, put the eco-friendly aspects first to find clients. Then market effectively through your website and social media.

Coaching with Frank Niles and the BSM Partners Start-Up services team will help you build a successful and sustainable business. Reach out today for a free consultation.

Tags: #entrepreneurship#erg#smallbusiness#sustainability
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About Frank

Frank Niles, Ph.D. is Principal Business Psychologist at BSM Partners and a trusted advisor to leaders and organizations around the world. He's regularly featured or quoted in the media, having appeared in Inc, Fast Company, CNN, NBC, NPR, and many more media outlets. He speaks worldwide and coaches leaders globally.

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