2012 Conference November 23 – Richmond, BC
Creating Healthy Communities Economic Diversity Social Capital Employment Opportunities Environmental Capital Economic Capital Cultural Capital
SOCIAL ENTERPRISE IS A “VERB”! Social Enterprise is another tool to help build strong non-profits and healthy communities…
What is Social Enterprise? A business operated by a non-profit… Directly involved in selling goods or services to customers. For the blended purpose of: – generating income from sales and – achieving social, cultural or environmental aims.
Social Enterprise Seeks a Blended Return on Investment Financial Return on Investment Social Return on Investment Blended Value Return on Investment Return on Investment
For Profit / Private Ownership Blended Return on Investment Business Model Continuum Not-for-Profit Ownership Donations Fee for Service CSR Strictly Seeks Profit Social Enterprise Socially Responsible Business
Non-Profit Continuum Traditional Models Social Enterprise Models GiftsDonations SELF- SUSTAINING Supports itself from sales income. PROFITABLE Income exceeds expenses. Fee for Service SUBSIDIZED Supported in part with other funds.
Why non-profits start social enterprises… Fill a community need in the market Advance their mission Contribute to financial sustainability
Local Market Need Vancouver Farmers’ Market Vernon Community Dental Access Centre Skeena Bakery
Employment and Training Potluck Café & Catering Just Works MP Enterprises in Vancouver Trail Community Living Prince George Prison Canteen Service
Mission Higher Education Society – Haida Gwaii Fire Hall Theatre Valemount Curling Club
Financial Sustainability Restore: Habitat for Humanity 10,000 Villages Atira Property Management in Vancouver MCC Thrift Stores Prince George Friendship Centre
Dysfunctional Won’t Solve Dysfunctional Behaviour Not a Silver Bullet Not a Quick & Easy Source of Cash REALITY CHECK
Mission Impact Organizational Contribution Business Success What to measure in a social enterprise…
Is the non-profit ready? What could we do? Will it work? How will it work? Financing Space Staff Marketing Etc. Open the doors Demonstrating Value Business Mission Organization What next? Building a Social Enterprise The Development Path
Strengthening your Skills Toolkit 1.Governance 2.Leadership 3.Blended Value Design 4.Product & Markets 5.Business Operations 6.Customer Relations 7.Marketing 8.Risk Management