enterprise

of social
Types for-profit
extra info :

traditional
so cial charity ,
primary alm to
generate
charities start Business started to be
social value
B
enterprise
generating income charity
-traditional business primary air to
generate
:

financial value

achieve measurable

social impact along

financial return .

ex .
Social purpose

organization (SP0s)

SP8S :

provide solution to essential social and environment problems

role : to improve society overall

not suitable
ALWAYS revenue
generating & so often need financial funding and human resources

example of SPOs :

·NG8 (non-governmental organization)

cooperations Company)
charities

-no
proper definition for social enterprice (differs between countries) however main arm
,
is improving (social/environmental well
being
&

not only tradition

business
objective like
⑪
they can hav
ethical objective
maximizing profit or
social enterprise- /social commercial) agendas like
donating
+

such
maximizing shareholder
⑤
retrums -

money ,
however main

goal is to earn profits .

to achieve this they strive to gain

,

financial surplus to facilitate social

gain .

Activity by definition can preake social

gain .
 Charities social enterprise traditional businesses -allocate some funds to CSR (corporate

social responsibility) it is not their

*
focus on chartiable focus on social impact focus financial return main
on
objective
gains funded by internal and Profits :
dividences ,
or to owners -Marn drive :
profits growth return to shareholder
, ,

funded by donations external sources -funded by owners

,
internal or external sources

surplus reinvested -profits reinvested vission driven (Commercial driven)

-
mission driven -purpose driven (social
charitable mission) benefits)

Mission (traditional business) Purpose (social enterprise)

what do Why we it
-

we do

-operating a business
sharing a dream
-

strategic -cutural

provides focus -fuels passion

builds a
company
builds a community

social enterprise can or often are fur profit organizations

social is
purpose beyond profitibility
profit -
consequence of it's social environmental goals
-not a charity

Private sector companies

private sector :

economy consists of businesses owned and run by private individuals and organizations that usually aim to

earn profit for the owners .

they are for profit businesses organization that

operate
in the private sector

Different from public sector : ownership control purpose of their existence how raise finance how managed how profits one
they they are
-

, , , , ,

distributed and now losses dealt with

can operate in private sector

Exi

change please
=

coffee shop outlets in London and Manchester · Donates all it's profits to tackle the promblem of
homeleness .
 For profit
earn revenues
social enterprise
and profit in socially use ethical purposes
responsible ways , Use to achieve social goals
surplus to benefit society

and environment rather than

distrubuting profit .

revenue generating ,

profit seeking organization differs from traditional

but purpose of existence business as aim is ty
is will
mainly concerned maximize earnings for their

social goals .
shareholders .

Microfinancer
providers for profit social enterprise private
:

are that operate sector

,
as
companies
founder :

Nobel price Winner Muhammad Yours In 2006

-
offer financial services to low income
jobless or very people
2 .
These member of society would not be able to secure bank bans
struggling to finance their business

Aim =

is to help entrepreneurs , especially women

to of amounts
give access to loans small

OPPOTUNITY

-self sufficient and empower their business

However interest is charged on the amount borrowed than what bank would
, although lower commercial change

Advantages and disadvantage of Microfinancers

Advantage Disadvantage
help get out of poverty increase debt for entrepreneurs that

them become financially face in their business

and helping struggle
independent provides finance on small scale
, so is

-act as social responsibile unlikely to be sufficient to make a real difference

to society
way be
helping the poorest as a whole

and most vulnerable advits in Microfinance loans incur interest so can

change ,

society rather be expensive for small business owners who

-empower small businesses find in difficult to earn enough revenue to kee

,

women and underprivileged up with their loal payments .

workers .