54. Defining Social Enterprise
Episode description
Social enterprise describes many different kinds of businesses, and it needs to have a clear definition. In this episode of Strategy Made Simple, we go through several key elements to define social enterprise.
Featuring content based on interviews with:
Sophie Short: https://www.socialenterprisemark.org.uk/
Elizabeth Chick: https://www.buysocialcanada.com/
Rebecca Dray: https://www.buysocialusa.org/
Amanda Kiessel: https://www.goodmarket.global/
Social Enterprise World Forum (SEWF) characteristics of a social enterprise:
1. Mission focused
2. Surplus/profits invested into the mission
3. Ownership tied to the mission
4. Transparency in business practices
5. Primary income is through trading goods/services
6. Asset locks
Marketplace Revolution by David LaPage: https://www.buysocialcanada.com/marketplace-revolution
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You can continue the conversation by joining SocialEconomyConnect.com. Social Economy Connect is a free mutual support platform for practitioners, social entrepreneurs, co-op members and developers and third sector supporters to discuss issues and solutions with a focus on social outcomes in the economy.
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Transcript available shortly on the Strategy Made Simple blog: https://strategymadesimple.ca/blog/
For more information visit strategymadesimple.ca
Contact Matthew:
Twitter: @MatthewRempel
Email: matthew@strategymadesimple.ca
Scripted, recorded and edited by: Matthew Rempel
Music provided by: epidemicsound.com