Social Enterprise Summary

4TE-2

JIMENEZ, KEZIA P.

BOOK REPORT: Social Enterprise- An Introduction by Ken Stratford This book by Ken Stratford, the author of the book Social Enterprise- An Introduction, is a book that open the eyes and introduce what Social Entrepreneurship is all about. Social enterprise combines the interests of shareholders and the entrepreneurs with the society’s disease which is poverty. Helping the poor and unprivileged people who need the help of other people in order to survive and have a better or decent way of living. The society’s diseases are brought by the environmental degradation and climate change. Social media was used to market or to communicate with other people who are willing to help those who are in need. By using social media,

They do not simply give money to those people who are in need they teach them how to live life. Aside from helping people, Social enterprises also help our environment from dying. Social entrepreneurs make sure that everything that they do in business will not affect the environment. They have to come up with a concept that the environment will benefit so it can prevent our mother earth from being destroyed by our doings.

The taxation issues for social enterprises are modeled after the legislation in the UK. The proposed changes to the province’s business sector also known as the Community Contribution Company or CCC will combine “the flexibility and the ability to attract capital with the entrenched community benefit purpose of a non-profit.”

The real social enterprise set up as a not for profit initiative is rarely the cash cow, the founders hope it will be. Profit margin is likely to be in the ten to fifteen per cent range for the model without the benefit of an innovative product line to generate

They chose who to help and think of a way that will best and most effective way to help them and they source their resources locally to help more people. To help those people who are in need, their employees help them achieve their goals. They will need to get employees that have the same vision as the company and are willing to follow and adapt the objectives and mission of the company. They need to be committed in their work so the company can succeed. Employees need to be in harmony with the enterprise’s mission so they can work. Now, the media has been looking for a “feel good” story from companies who are doing good works. Businesses that help many people should not be ashamed or be shy of what they are doing, instead, they should be proud of it because they are sacrificing many things for the benefit of other people. The media also helps motivate others to get involved and to start creating their own social