Growing Environmental Focus
As awareness of the catastrophic devastation done to the planet by environmentally unfriendly business practices grows, consumers increasingly seek out companies that engage in more sustainable methods. Fortunately, businesses are also starting to become more conscious about how they affect the earth. Green franchises are companies that want to be part of the solution and not the problem.
This newfound ecological awareness provides potentially lucrative opportunities for eco-friendly franchise owners. There are lots of excellent opportunities in this category, including companies that sell all-natural products, solar power grid systems, green cleaning companies, and more.
Consumers everywhere are demanding that corporations engage in practices that reduce their carbon footprint and are more environmentally sound. This extends to everything from pet care to the furniture they buy for their homes. If you’re the kind of entrepreneur who wants to make a buck while helping to heal the planet, owning a franchise focused on sustainability might be the way to go.
Eco-friendly franchises are still a relatively new category, which means there’s a lot of untapped potential. Franchises that hold a lot of promise include companies that do energy audits, environmentally-friendly lawn care, and green home renovation.
Top Pick: Solar Grids
Solar Grids is an eco-friendly franchise that allows you to profit from the $50 billion solar energy market. In 2019, solar accounted for 40% of all new electric generating capacity added to the grid. This is more than any other energy source.
Solar energy is currently experiencing a whopping growth rate of 48%. Furthermore, it's projected to climb to 50% of all renewable energy generation by 2050. Because one of the first bills individuals pay is their electric bills, you’ll have a business with strong and consistent demand when you buy a Solar Grids franchise.
Prospective franchisees don’t even need a solar energy background. All it requires is a determination to succeed. So, if you want to be your own boss while helping homeowners lessen their impact on the planet, consider a Solar Grids franchise.