Small social enterprises exist—and even thrive—but do they really help to prevent the highs and lows of unstable funding?
Social enterprises are business ventures operated by non-profit societies, charities, or co-operatives. The businesses sell goods or provide services in the market for the purpose of creating a blended return on investment, both financial and social. Their profits are returned to the business or to a social purpose, rather than maximizing profits to shareholders.
How do social enterprises work? How can small or struggling nonprofits develop their own business ventures? (more…)