Toolkit for adopting Circular Economy solutions by tourism entrepreneurs
The FACET project includes telling entrepreneurs and other stakeholders more about the circular economy, working together in the circular economy (see collaborative tools for entrepreneurs) and offering several examples of possible applications of circular initiatives (see for example best practices).
But what if, as an entrepreneur, you now want to start generating and implementing your circular business plans yourself? Where do you start, how do you ensure a well-developed plan and most importantly, how do you learn from others with a similar idea to facilitate your process?
This toolkit, developed by the FACET project, helps entrepreneurs develop their own new circular business plan. Download it here:
The toolkit takes you as an entrepreneur through the following steps:
1. Business evaluation
The first step in the process is to lay a foundation: you lay the baseline for your business by looking at current business processes and waste streams. This step helps you as an entrepreneur in determining the best steps to be taken in switching from a linear to a circular approach, as well as it helps you to think about the monitoring of the steps that you want to take.
2. Initial Action Plan
Step 1 helps you create an overview of circular solutions that could be implemented. In this second step, an Action Plan should be developed for the implementation of the selected circular initiative. The action plan aims to identify the actions to be undertaken based on the identified potential circular strategies and baseline.
3. Circular design proposal
Step 3 is the development of a circular design proposal. The Design Proposal is an add-on tool and is applied depending on the respective case. It aims to identify circular material based on respective cases and actions identified in previous steps.
4. Visualization of the new business model
Now that the circular application to be implemented is on paper, it is time in this step to work out the business case for it: you are going to see how the plan works out looking at the values it creates on an economic, ecological and social level using the triple layer business model canvas.
5. Monitoring and evaluation
The fifth and final step consists of monitoring the progress and achievements of your [null elaborated] circular business plan. In step 5, the FACET project provides you with a tool to accomplish this.
The Excel file as described in the toolkit can be found here (click).
When you have successfully completed this roadmap, you have officially contributed to the circular economy, congratulations! We would love to hear more about your experiences with this process. Please let us know how you experienced this process. Did you not quite manage to design or realize your circular business plan? We are happy to help you further! Contact us to see what we can do for each other.
- E&M template toolit, FACET, 13 maart 2023.