Thursday, 19 October 2017

Start up Wednesday- Social Enterprises

Social enterprises: organisations using the power of business to bring about social and environmental change

Profit (surplus) is then re-invested into cause in the community
Social enterprises have a clear primary mission which is social or environmental
- Must generate 50% or more through trade, and not be reliant on grants

-Value your skillset
- Limited company- easy way to start own company
-> Separate from personal finance- always look after yourself first, otherwise you won't be able to help anyone else
-Social business model canvas- way to realise aspects needed

-Can span profits into other social and community causes- Eden Project, Divine- What do I want to achieve?

This was a really useful workshop to help me expand on the kind of work I want to focus on getting involved with 

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