The key feature of social enterprises is that they ‘share in the running of an enterprise to achieve an economic, social, cultural or environmental mission that benefits the public or a particular community.’ (justice connect Social Enterprise Guide March 2014).
They can be ‘for profit’ and ‘not for profit’ or both and can take the form of any of the legal structures referred to above.
Social enterprises offer tax and grant/donation friendly features as well as operational advantages.
Because of these and other features, they are becoming more and more popular with mental health focused organisations.
It is possible to add a social enterprise to an existing not-for-profit organisation.
We can help you understand and learn more about them and should you wish, help you set one up.