The Role of the Social Enterprise

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Presentation transcript:

The Role of the Social Enterprise GCSE Applied Business

What is a Social Enterprise? A social enterprise is a business with the following features: Primarily social objectives Profits are re-invested in the business or the community Not driven by the need to maximise profits for shareholders/ owners Can exist in the Public and Private sector

Why do social enterprises exist? To fulfil social or environmental needs Consumers want ethical products and services To fill a gap in the market Social enterprises need to be at least as good as competing businesses that are working for profit maximisation

Examples of Social Enterprises Jamie Oliver’s Fifteen restaurant http://www.fifteen.net/ Divine Chocolate http://www.divinechocolate.com The Big Issue http://www.bigissue.com Bryson House http://www.brysongroup.org

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