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.
Tag: Income Generation
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.
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 […]