In order to achieve systematic change in pursuit of sustainable manufacturing, both a strategic long-term perspective employing methods from future studies and a concrete implementation of the knowledge gained in sustainable business models are necessary. In this chapter, the concepts and exemplary methods for sustainable business model innovation are introduced with a special focus on sustainable manufacturing. Circular Economy-based business models and Product Service Systems are explained as examples of sustainable business models, along with a deduction of sustainability factors for both examples. The fruitful combination of future studies and sustainable business model development is illustrated in the example of a so-called living factory, a modular and adaptive production environment which integrates aspects of Circular Business Models and Product Service Systems