Social enterprises are businesses that have a social or environmental purpose. This means that they reinvest any surpluses they make back into the business in order to deliver more of their social or environmental purpose.
Tag: Business Planning
You asked, so I’ll answer – What’s the difference between a CIC (Community Interest Company) and a charity? CICs (Community Interest Companies) and charities are both legal structures that can […]
The phrase social enterprise refers to the way in which you operate and run your business or organisation. So as a social enterprise you have a social or environmental purpose at the heart of your business and reinvest profits to do more good work.
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?”