How a social enterprise makes a profit may depend on its business structure.
For example, a nonprofit social enterprise may rely on donations from the community through fundraising events.
Often, social enterprises have more of a social connection and community impact than traditional businesses.
So, this opens the door to greater branding opportunities and more exposure to a community.
“Increasingly more and more people recognise that social enterprise must be the future of business, we are seeing more and more CICs, community businesses, mutuals and co-ops emerge.
Our message is that together we are much more powerful than we can ever be alone—our country and our world is crying out for economic models that nourish and support our communities rather than extract wealth and exploit.
Social Enterprise UK (SEUK) is an organization that is building a network of successful social enterprises, big and small.
At the core of its mission, SEUK seeks to transform the business atmosphere by supporting burgeoning social enterprises.
We are building a powerful movement and we need more of you involved.” This powerful statement just might push you to the edge.
If you are contemplating starting a social enterprise, then take action today.