Have you been hearing the term 'social enterprise' more and more lately but aren't sure what it means? Whether you're a conscious consumer looking to do some good with your spending power, or an impact investor wanting to invest responsibly, understanding social enterprises can help you make smarter decisions. In this blog post I'm going to explain what a social enterprise is, why they have become popular in recent years, and why choosing them as products/services or investments can bring about huge societal change. So let's dive into this increasingly important sector of society!
At its core, a social enterprise focuses on achieving goals that are beneficial to society as well as providing returns to the owners. The main purpose of these enterprises is to provide solutions to social issues or increase access to goods and services that can improve people's lives. They aim to combine the mission of a nonprofit or for-profit organization with the business model of a corporation....
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