Article Details
Social enterprises make a profit but reinvest or donate profits to target social problems. Community enterprises are community owned, led and controlled and use their profits to tackle environmental and social problems in their area so yes, they are social enterprises too.
The widely accepted definition of a social enterprise is:
“businesses with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximize profit for shareholders and owners”
Latest News
View AllThe importance of giving precise information in your tender submission cannot be understated. The buyer, whoever they may be, requires reassurance regarding your competence to deliver the services you…
Bid writing and preparing tenders is always to some extent a collaboration. As bid writers, we work closely with clients to tailor unique responses, using interviews to include specific…
Social value in the NHS From the beginning of April 2022, the reach of the UK Government’s Social Value Model has extended to the commissioning and purchase of goods and…