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Social Enterprise
by gautam on February 18, 2010
Any social enterprise is motivated by environmental or social purposes and I would like to salute all those who would like to go ahead with such ventures. The good thing about going forward with such enterprise is that it gives you more flexibility when compared to a charity besides carrying the tag of value first attached to it. A social enterprise brings together viable business model trading in goods or services and most importantly social ownership and social aim.
Here most of the earnings are contributed towards social or environmental causes and most of the companies don't have shareholders therefore chances of commercial profits are minimal. Social enterprises can encompass single person enterprise to mainstream businesses which contribute a part of their profits for worthy causes to charities with innovative business models. These enterprises can be opened across various sectors such as education, environment, food, travel, healthcare and transport. Coming down to registration of a social enterprise, it can be registered as a company with shareholders or a company limited by guarantee or a Community Interest Company. Finally all you need to do is getting connected with the right set of people to make it a success.
I hope the concept of social enterprise garnered your interest and I will talk more about social enterprises in the future.
Here most of the earnings are contributed towards social or environmental causes and most of the companies don't have shareholders therefore chances of commercial profits are minimal. Social enterprises can encompass single person enterprise to mainstream businesses which contribute a part of their profits for worthy causes to charities with innovative business models. These enterprises can be opened across various sectors such as education, environment, food, travel, healthcare and transport. Coming down to registration of a social enterprise, it can be registered as a company with shareholders or a company limited by guarantee or a Community Interest Company. Finally all you need to do is getting connected with the right set of people to make it a success.
I hope the concept of social enterprise garnered your interest and I will talk more about social enterprises in the future.
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