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The Role of the Social Enterprise
GCSE Applied Business
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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
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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
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Examples of Social Enterprises
Jamie Oliver’s Fifteen restaurant Divine Chocolate The Big Issue Bryson House
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