A social enterprise is a business that trades to tackle social problems, improve communities, people’s life chances, or the environment. This might sound like charity work, but social enterprises are businesses and when they profit, society profits. Social enterprises are in our communities and on our high streets – from coffee shops and cinemas, to pubs and leisure centres, banks and bus companies.
A social enterprise
- Exists to tackle a social or environmental problem
- Makes its money from selling goods and services
- Reinvests its profits back into the business or the local community