Product-Service Systems (PSS) have been recognized as potential game-changers for advancing sustainability. However, the sustainability of a PSS over traditional products and services is not automatic; it requires careful, intentional design. Despite a decade's progress in relevant literature, early-stage design assessment of a PSS – particularly from a life cycle standpoint and considering the social sustainability dimension – remains underexplored. This study introduces a framework for early-stage identification and analysis of potential environmental and social impacts within a PSS's life cycle to aid in decision-making and guide towards sustainable solutions. The framework's hotspot analysis, which combines life cycle assessment techniques, aims to pinpoint life cycle stages most susceptible to significant environmental and social impacts. Drawing on existing literature and expert evaluations, this approach offers designers preliminary insights into potential impacts, establishing a groundwork for comprehensive life cycle analysis once more detailed information on products, services, and organizational structures becomes available. The hotspot analysis not only addresses the lifecycle view of a PSS but also places emphasis on the oft-neglected social dimension of sustainability, marking an area ripe for further study. By supporting decision-making in the early design phase and encouraging scrutiny of various PSS concepts, this approach promotes the cultivation of sustainably-designed solutions.