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Working for a better small business community
Pre Start-up
Planning and preparation to start
Social Enterprise: Business on a Social Mission
| | Tip#6 What happens to the profits a Social Enterprise makes?
In keeping with their defining characteristics and purposes, the clear majority of all profits should be directly used to further achieve its social purpose – through re-investment or gifts.
However, depending on how they are structured, social enterprises should also have the opportunity of rewarding the risks taken by investors (within limitations) – after all, if it is using established practices from private businesses, it may choose to raise equity or share capital as a means to finance itself.
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