Social Enterprise
By: A Staff Writer
Updated on: Oct 23, 2024
Profit with a Purpose 💪
Doing good IS good business. Here’s how social enterprises are changing the game.
- Attract Conscious Customers: Especially younger consumers, want their dollars supporting their values.
- Talent Magnet: Top talent wants work that has meaning, not just a paycheck. Social mission helps.
- Innovation Hubs: Solving social problems takes outside-the-box thinking, perfect breeding ground for new products/services.
- Partnerships Power Up: NGOs, like-minded brands… collaborating with those aligned amplifies impact (and reach)
- It’s NOT Just Charity: Sustainable business model is key, or the mission eventually suffers.
- Tell Your Story: Transparency about your impact builds brand loyalty and attracts investors seeking that mix.
Social enterprises prove business can be a force for good, and attract customers/talent because of it.