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Social Enterprise
Social enterprises have been around the UK for about 25 years, but have existed in different forms since the 19th Century.
There is no legal definition of ‘social enterprise’ and the term means different things in different countries. Generally they are businesses that trade to provide some kind of community benefit and are controlled by members, rather than shareholders.
In the UK most new social enterprises are registered as Community Interest Companies (CIC), but some charities refer to themselves as being social enterprises.
Getting the balance between clear community benefit and a sustainable business model can be tricky and especially as many social enterprises operate in areas of market failure. Social Enterprise UK expects its members to earn at least half their income from paid for services.
Here at Hare & Moon CIC, we understand social enterprise and we can help you develop your business model and get you investor ready, as well help put the right policies, processes and procedures in place to make sure you are operating sustainably.
Look out for our free introduction sessions (see our eventbrite page) and our ‘What’s on’ page, or contact us direct and we can arrange 1-2-1 support for you and your members.