This library is under development so if you have any questions, please connect with me via the social channels and ask me your questions directly.
Please be aware I am speaking from UK perspective (England & Wales) and there may be differences from country to country. Whilst my intention is to support understanding of basic principles, there is no substitute for getting direct advice that can be tailored to the needs of your situation.
Trust me when I say every single person wanting to set up a social enterprise gets very confused. There are so many terms, jargon, points of view and misinformation that you'll quickly begin to wonder if it's worth the effort.
In this video, I hope to cut through a lot of the noise. In the videos below you will find further explanation around each of these top 10 tips.
As always - if you have a specific query you'd like me to cover, drop me a message or engage with me via the socials.
This seems a simple question but there are many dimensions in answering this. You need to consider:
Why is your service or product needed?
What is the evidence of need?
Why are you the right person and why do you want to do it?
Why is a social enterprise the right vehicle to achieve this?
If you're setting up a social enterprise, then you will need to be trading. Whether its a product or a service, generating an income through trading is essential. But do you understand the two different ways a social enterprise might use trading to deliver a social benefit?
This video will help you consider your options when it comes to trading and how you use it to support a social or environmental mission.
Whether your social enterprise is at start up stage, or already established, you're probably going to need to get hold of some cash. Frequently the go to source for investment is grants, but there are other options you might want to consider too.
Here is an overview of different investment options that might help you overcome financial limitations for your social business, including:
Grants
Loans
Equity Investment
Community Shares
Tendering (as a form of trading)
Culture influences everything a business is and everything a business does. This is especially true for social enterprise because much of what they do is driven by heart, passion and purpose driven.
This video will help you recognise the cultural origins within your social business and the things you may need to do to help create a positive workplace culture that will support longer term success.
Who controls a social enterprise?
The answer isn't as simple as you might think but understanding this seldom talked about aspect of social enterprise is important. In this video we look at the pros and cons associated with best practice i.e. The importance of collective ownership and democratic control.