What is a social enterprise?

Social enterprises are businesses whose primary purpose is the common good. They use the methods and disciplines of business and the power of the marketplace to advance their social, environmental and human justice agendas.

social enterprises

Characteristics of SOCIAL ENTERPRISES

If you want to set up a social enterprise that has social, charitable or community-based objectives, you can set up as a:

  1. limited company
  2. charity
  3. co-operative
  4. industrial and provident society
  5. community interest company (CIC) or Cooperatives
  6. sole trader or business partnership

Benefits of Social Enterprises

Social enterprises produce higher social returns on investment than other models.

On one hand, they produce direct, measurable public benefits. A classic employment-focused social enterprise, for example, might serve at least four public aims:

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Further Reading

Social Enterprise