The Social Enterprise World Forum have just published this great PDF to help people understand what a social enterprise is. With all of the confusion around terminology and different 'business for good' models, this is a wonderfully succinct overview.
This is exactly what we need!
Social Enterprise in the USA has been largely misunderstood by the general public, government, corporations, some membership bodies and sometimes the people running them!
This simple overview gives a clear definition and explains the differences between what is, and what is NOT, social enterprise:
Investment of Surplus
Ethical Transparency and Accountability
Trade Generated Income
Society Profits is proud to uphold these same global standards and work with social enterprises that can clearly align with them. The report also goes on to explain the difference between Social Enterprise and other business models.
Perhaps now, we will be able to support 'pure social enterprises' to set themselves apart from their competition in the 'Do Some Good' world.
Let us know what you think!
Click on the image above to go to the full report. Don't forget to attend the Social Enterprise World Forum in September 2020 in Halifax, Nova Scotia.