Yes, social enterprises can be sole traders. Social enterprise is a way of doing business and does not refer to a specific legal structure. For further details on what a social enterprise is please refer to the article titled “What are social enterprises?”
Yes, social enterprises can accept donations. Their treatment depends on the legal structure the enterprise has, where the donations came from, and whether the donation is money, services, goods or other items.
First, let’s start with a quick definition of a social enterprise – as this will help to answer the question about how social enterprises make money. It’s a business that has a social purpose, reinvesting its surpluses to support its social purpose.
You asked, so I’ll answer – How do social enterprises get funding? For a social enterprise the ability to obtain funding depends on what legal structure they have. If you […]