{"id":9502,"date":"2023-09-28T20:00:30","date_gmt":"2023-09-28T20:00:30","guid":{"rendered":"https:\/\/dev.webhostlabs.net\/synergy\/?page_id=9502"},"modified":"2023-09-28T20:00:30","modified_gmt":"2023-09-28T20:00:30","slug":"social-enterprise","status":"publish","type":"page","link":"https:\/\/dev.webhostlabs.net\/synergy\/social-enterprise\/","title":{"rendered":"Social Enterprise"},"content":{"rendered":"

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Social Enterprise<\/h1>\n
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The concept of Social Enterprise or Social Entrepreneurship can be difficult to get your head around.\u00a0 Let\u2019s start by telling you what Social Enterprise is not. It\u2019s not about\u00a0not\u00a0making a profit. \u00a0It\u2019s\u00a0not\u00a0a charity.\u00a0 They are encouraged to make a profit so they can invest further back into their business.\u00a0 They are there to help tackle social problems, improve communities, people\u2019s life chances, or the environment.<\/em><\/p>\n

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They are encouraged to apply commercial strategies to take advantage of improvements in human and environmental well-being, rather than maximising profits for external shareholders. Social enterprises can be structured as a for-profit or not-for-profit, and may take the form of a co-operative, a social business, a charity organisation or even a standard limited company operating to the ideals of Social Enterprise.<\/p>\n

Social entrepreneurs are not in it to make a fortune.\u00a0 Yes, they have to make a living and more than likely, a comfortable one. But they are motivated by solving the problems they identify in the communities they operate in.\u00a0 And yes,\u00a0their companies are expected to make a profit. But, instead of paying dividends to large shareholders, they reinvest it.<\/p>\n

When they do that, their business profits, their customers profit, their communities profit, they profit.\u00a0 It\u2019s the ultimate win-win-win.\u00a0 They see it as the future for social change.<\/p>\n

Social enterprises trade on the open market even though they have a social or environmental ethos.\u00a0 A social enterprise reinvests more than 50% of its profits. They are not dependant on state aid.<\/p>\n

What The Synergy Group can do for Social Enterprises:<\/strong><\/h2>\n