So, you want to change the world with your business. Brilliant. You’re now in the top 9% of socially-focussed SMEs in the UK. Go you! However, being a social entrepreneur means there are a few extra things you need to think about that non-socents don’t.
As a Housing Association, your procurement processes have the power to create genuine and lasting social change. Chances are, you already have a policy for social value procurement gathering dust somewhere – but are you actually implementing it?
A key trend that will continue over this 10-year period is providing care in the right places – so rather than people seeking help through hospital admissions the focus is on effective support at home and in care homes.
Social enterprises reinvest the majority of the profits they make back into the business to deliver more of their social or environmental purpose. social enterprises are a way of doing business and not a particular legal structure.