What is a green business?
Green businesses used to be companies that specialized in recycling paper, plastic or other used items and using the repurposed material to build something new. This is still true, but when you’re searching for a green business for sale, you may find a company that does none of these things still qualifies as a “green business.” In general terms, today’s green businesses are those that adopt policies or principles designed to improve the quality of life for their customers, communities, and most importantly the environment. They exist within each facet of industry, including consumer goods manufacturers, transportation services and retailing.
Ever since the stimulus packages of 2009 and 2010 were introduced, investors and entrepreneurs have either tried to make their own companies green or they have searched out a new green business for sale. New businesses have cropped up to accommodate this need and to educate people about the various tax incentives for owning a green company.
For example, if you are in the manufacturing community, you may know that making dishwashers, washers and refrigerators can make a company eligible for tax breaks and reduce the cost of the products for end users. Products with the ENERGY STAR label must meet the specifications set forth in 2007 in order to qualify. Home builders can also take advantage of tax credits for constructing energy efficient homes, as long as they meet the standards in the Energy Policy Act of 2005. Companies that invest in energy production may take advantage of more then $2 million in tax credits from stimulus funding.
It is easy to understand why so many entrepreneurs are in search of green businesses for sale, and why you might benefit from making such an investment. Rather than starting from scratch, let the company directory at BizSale.com help you find the best green business for sale in your area of expertise.