The need to increase the amount of recycling that goes on, reducing the amount of resources we waste, makes a valid argument for the use of sustainable coffee cups as an idea for a small business. However, sustainable coffee cups are not a new concept, so if you plan to move forward with such a product in the hopes of starting a small business, especially if you intend to pursue the Australian government business funding to do this, you will need to come up with a convincing argument regarding what sets your idea apart from the competition. Consider preparing a well-researched business plan that will dig into the market and find out if there is space or a need for sustainable coffee cups that would be provided under your proposed business model. You may find that the market is not interested in more sustainable coffee cups, or you may find a new angle that will take your product unique and in turn profitable.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.