Circular startups operate by integrating several key practices into their business models:
- Design for Longevity: Products are designed to last longer, reducing the need for frequent replacements. - Resource Efficiency: Maximizing the use of materials and energy throughout the production process. - End-of-Life Management: Developing systems for product take-back, recycling, and refurbishment. - Sharing Economy: Encouraging product sharing and reuse through platforms and services.