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Green Business 101: How to Make Your Green Business Profitable

Everyone's talking about the potential of green business to reshape the planet, but what does "green" really mean in the business world? If you've talked with any green entrepreneurs lately, or are one yourself, you know that vision and passion are in abundance. The question is how does a green start-up turn personal commitment into sustainable profit?

To find out the answers to these and other key questions, listen in when Linda Feinholz of Feinholz & Associates interviews green business expert Jeff Hayes, Principal of The Vector Group, on Thursday, May 17th at 10am (PDT). It's a free conference call, but you do need to register in advance (registration link is at the bottom of the page).

They will spend the hour discussing topics of importance to this growing segment, including the "gotchas" for emerging green businesses, such as how to seek the right kind of investors. They will also talk about how business service providers like CPAs and attorneys can intentionally attract a green clientele. One tip: green clients expect you to walk-the-walk. Just being able to spout the latest green catch phrases won’t cut it.

Having served small businesses since 1968, The Vector Group now helps their clients improve all three elements of the triple bottom line: profit, people, and planet. The company boasts experience in many varied industries, from a skateboard manufacturer to a beer producer to an exotic surf travel business.

Some of The Vector Group’s clients have seen revenues jump 40% in less than 12 months, and are now singing the company’s praises. Tony Guido of the industrial design firm grow-design calls Hayes "a personal trainer for green business" and Caroline Duell of Elemental Herbs just calls Hayes "my boss". If these testimonials are any indication, one hour of your time might just make a big difference in the success of your green business.

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5 Responses to “Green Business 101: How to Make Your Green Business Profitable”

  1. Hun Boon Says:

    I’m interested to find out more as we are a manufacturer of eco-friendly bamboo flooring.

    But your registration link doesn’t seem to be working. Could you check it please?

  2. Jeff McIntire-Strasburg Says:

    Thanks, Hun! The link is fixed…

    Jeff

    _______________________________________

    Jeff McIntire-Strasburg
    Senior Editor
    Green Options
    jeff@greenoptions.com

  3. Cassie Says:

    Thanks for alerting us to the problem, Hun! Please try the link again, as it should be working now.

  4. Andew Savitz Says:

    Great post.

    If managers interested in greening their business would like to learn more about the triple bottom line, I recently wrote a book on it - called, quite appropriately, The Triple Bottom Line. ;)

    Some of the information, such as stakeholder mapping and sustainability reporting, is an extension of the issues described in this post.

    - Andy

  5. Katie Says:

    A colleague of mine who works at a non-profit sent this website to me: http://www.svn.org/imaginewhatsnext. It’s a contest to help out business leaders of socially responsible companies. I’m trying to start a non-profit myself and I can use all the help I can get! I thought I would pass it along if anyone was interested.

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