Page 26 - The Green Entrepreneurs
P. 26

17 GREEN BUSINESS IDEAS FOR GREEN ENTREPRENE… | 25


              The  green  business  ideas  were  painstakingly  put  together
              through  rigorous  research,  experimental  processes,  and

              hackathon at the Solution17 Innovation Hub.


              1. The Green Plastic Recycling business

              You  can  begin  your  recycling  business  from  zero!  Get  the
              necessary tools to help your success, start with Planning your
              business model; Understand the financial viability and develop a

              Business Plan Template for long-term planning.

              The key component of the plastic operation is:


              Action  Plan:  Clearly  defined  goal,  market  research  and
              analysis, the processes and operation, and impact measurement


              Financial  Projection:  This  helps  to  identify  the  cost  of
              various  operations  from  start  to  finish,  project  profit,  and
              investment required to achieve your goal.


              Business Plan: Be prepared to explain your idea in detail and
              communicate it to the would-be funders and partners.


              Choose your niche - be clear on the plastic operation niche
              you  would  like  to  focus  on;  workshop,  education,  plastic

              recycling infrastructure, or supply of recycled plastic products.

              Build a team with a diversity of skill set willing to join your

              enterprise.
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