Five Reasons You Should Consider A Green & Eco-Friendly Franchise
Climate change is our generation’s biggest challenge and it’s a problem that the business world also has to face into too.
Of course, there is already a large number of green & eco-friendly companies that are working to reduce their carbon footprint and to be nicer to this planet of ours.
After all, there may be a plan b, but there’s no planet b, as they say!
We know, that there are investors who are not only interested in balancing books, but also finding a way to balance profitability and environmental awareness and protection.
If you are interested in the above, then read on, as we have listed five reasons why now might be the ideal time to invest in a green & eco-friendly franchise in Australia
Public Relations
The weight of public opinion is a heavy one and more people than ever before are engaged in social issues, of which, climate change is one of the most important.
In this day and age, consumers consider where the products they consume are coming from and what impact their production is having on the planet.
The fact that, according to The Global Web Index, 52 percent of people think that manufacturers and production bodies are most responsible for the future of the environment emphasizes that.
Your Future customers care and so should you
The young people of today are more engaged with environmental issues than any generation before them.
For further proof, just look at this statistic from that Global Web Index survey, which states that 61 percent of Millennials (22-35) said they would pay more for eco-friendly products.
That figure lies at 55 percent for Generation X (36-54) and 46 percent for those between the ages of 55 and 64.
As you can see, the trend is for younger people to be more conscious about what sort of company they are buying from and that’s a trend that is set to continue.
A successful green industry
Over 30 percent of urban Australians prefer products that are sold in eco-friendly packaging and a third of urban Australians also prefer to buy products that have been produced using sustainable methods.
Thus, this is already an industry that has a strong foothold in Australia.
For instance, there are around 1,350 clean technology companies currently operating in Australia, with a turnover of over $28bn per year.
As was previously stated, those are numbers are expected to grow steadily over the coming years.
Of course, with this growth, there will be plenty of excellent franchise opportunities too.
Ahead of the trend and legislation
An Australian government website states that, "all Australian businesses can play a part in environmental management, but whether environmental laws affect your business directly will depend on your business type."
It is true that not all Australian businesses are currently affected by environmental laws, but as the world gets more climate-conscious, it is clear that there will be more legislation brought in to protect the environment.
Why not be ahead of the trend and have be green and environmentally friendly now, rather than when it's compulsory.
Personal Reward
Working in an area where you don’t make a negative contribution to the world, but maintain a healthy profit, is reward in itself.
Business owners who are in this position (and those who go one step further and contribute positively to the environment) can rest knowing that their business isn’t making things more difficult for the planet.
For more information on our full list of franchise opportunities, click here.