“I thought it was going to take over my life” That’s the common thing I hear from social entrepreneurs after I’ve helped them embed impact measurement within their business.
Tag: Social Return on Investment
Business. It’s all just a game of box ticking. And, when it comes to social enterprise, it seems like no matter how many boxes you tick, there are always empties waiting in line.
Technically, any figure over £1 is a good social return on investment figure because it means that you are generating more social value than it is costing you to deliver the project, services, or activities.
If you are producing a SROI report you will need to find financial proxies to assign values to the outcomes you achieve, in order to calculate your social impact and provide a monetary value for every £1 you spend on that service, activity or project.