2012 Conference November 23 – Richmond, BC. Creating Healthy Communities Economic Diversity Social Capital Employment Opportunities Environmental Capital.

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Presentation transcript:

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