Community First. Profits Second.
Social enterprise is a new variety of business that expands its reach past traditional scope of corporate shareholders. Instead of pleasing the fiscal interests of a small group of people, a social enterprise strives to use its mission-driven ideology to help customers, employees, the community and the environment. The concept of “stakeholders” in place of shareholders tears down the stigma of greed-driven company objectives and replaces them with transparency and corporate responsibility.
A stakeholder-driven social enterprise has the potential to do well in today’s business world. By having a business structure that operates to serve a particular mission or goal, potential customers can consider social and environmental impact while making purchasing decisions.
A stakeholder-centric social enterprise will set you apart from your competition while promoting good business practices.