Green Business Ideas You Should Explore This Year

With each passing day, the issues concerning the environment become deeply concerning. According to online Earth.org, there are bigger environmental problems people worldwide will have to endure in 2023. These include increased global warming from fossil fuels, food waste, plastic pollution, and deforestation, among others. This has made going green even more pressing and necessary for all. As an entrepreneur looking to make a difference in the business world and globally, you may be considering starting up a business that can assist in fixing and improving these environmental issues. If that is the case, you may want to explore various eco-friendly business ideas. Here are a few rewarding green business ideas you should consider exploring.

Electric car charging stations

Electric cars have been a controversial subject over the years. However, it’s safe to say that several people are becoming more open to the idea, noticing the benefits of these vehicles and their impact on the environment. This is evident in a recent survey by Gallup which showed that 4% of Americans currently own an electric car, with 43% of respondents stating that they are considering getting one. The use and subsequent increase in the use of electric cars mean there would be a need for sufficient and available electric car charging stations. As an entrepreneur, this is a problem you should consider offering a solution to. Similar to a gas station, you can include a convenience store in your charging station to attract customers. You should also consider phone charging ports and the sale of tech gadgets to your station to make it stand out from your competitors and offer customers more convenience. 

Ink refilling 

You may wonder how ink refilling is environmentally friendly and if it is a profitable business venture. The answer to your questions is yes! Each year, several non-biodegradable ink cartridges are thrown out and left in landfills, causing gradual environmental issues. This waste can be avoided by simply refilling emptied cartridges. Additionally, you can help several businesses save a lot of money on purchasing new cartridges. The great thing about this business is that you need little capital to start and can acquire the skill of refilling the ink online at little to no cost. Moreover, you can even earn extra cash for ink cartridges you collect from businesses and individuals, contributing to both environmental and financial sustainability.

Solar energy 

A recent report showed that more than 4 million American homes are powered by solar 

energy. This already impressive number is said to increase in the coming years. This also means that there is a gradual demand for solar energy services. Fortunately, you can use this to set up a profitable solar energy business. There are several aspects you can consider. For instance, you can set up a consultancy that involves assisting customers with the right solar solutions they should set up for their businesses or home. You can also set up a solar energy installation company to install solar solutions for businesses, homes, or communities. Being a solar energy equipment manufacturer is yet another excellent business idea in the industry. When setting up your solar energy business, ensuring you have a working knowledge of solar energy, installation, and trends is important. You should also ensure you work with reputable partners and experts in the field, to ensure you deliver high-quality services. You should also consider outsourcing various aspects to assist you in your efforts towards community solar customer acquisition, which will help your business gain profits and loyal clients. 

Goat rentals

It may seem strange, but renting out goats is a profitable, environmentally-friendly business idea worth considering. Dense bush clearing typically requires various techniques such as bush burning or large machinery. These options harm the environment as they can contribute to issues of erosion, damaging healthy soil, and polluting the air with harmful gasses. Goats serve as an eco-friendly and cost-effective means of mowing down bushes. As these animals would eat anything, you do not have to worry about getting them sick. Additionally, they would make it easier to get to hard-to-reach areas. However, it is important to remember that using goats as mowers would usually be safer and more effective in relatively suburban areas as areas closer to the forestry can put your herd in danger from wildlife, such as bears or mountain lions. 

Green financing 

Sometimes, you may not necessarily need to start up a business. Providing financing to various businesses is a form of business in itself. On that note, green financing is an eco-friendly business idea you should consider exploring. Green financing involves providing financial support to local and community-level projects focused on green solutions such as agriculture or plastic reduction.