Social Enterprise is a model of business operation based on the principle of a dual ‘bottom line’. Like conventional businesses, cash profit is one measure of success – but social enterprise also emphasises the production of social good. So they tend to be businesses built on ethical principles. But done right, they can also be profitable, as they ensure that a genuine need is met in a genuine way.
By the end of this specialism, you will understand the principles of social enterprise – and will be able to develop a basic business plan in response to your project challenge.