What is a social enterprise
It is a business with these features
-primarily social objectives
-profits are reinvested in the business or the community
-not driven by the need to maximize profits for shareholder/owners
What are the types if social enterprises
Cooperative
Charities
Cooperative
Owned and controlled by members
Employees share the ownership
Charities
To raise money for good causes
Why do they exist
To fulfill social or environmental needs
Consumers want ethical products and services
To fill a gap in the market