{"id":4794,"date":"2012-02-03T14:00:21","date_gmt":"2012-02-03T19:00:21","guid":{"rendered":"https:\/\/futurpreneur.ca\/?p=4794"},"modified":"2024-12-09T14:42:34","modified_gmt":"2024-12-09T19:42:34","slug":"facts-and-myths-about-social-enterprises","status":"publish","type":"post","link":"https:\/\/futurpreneur.ca\/en\/blog\/facts-and-myths-about-social-enterprises\/","title":{"rendered":"Facts and myths about social enterprises"},"content":{"rendered":"<p><em>Rose-Marie Almond, Cobourg, Ontario, CYBF Young Entrepreneur &amp; Mentor<\/em><\/p>\n<p>\u2018Social enterprise\u2019 is a term that\u2019s being used more and more. But what does it really mean? Here I\u2019ll try and sort some of the facts from the myths.<\/p>\n<p><strong>There is a social purpose at the heart of every social enterprise.<\/strong><\/p>\n<p>Fact. If the social initiatives are not part of the business mission or objectives, than the business could be socially responsible, but it\u2019s not a social enterprise. A true social enterprise uses its business activities to address a social or environmental cause or issue.<\/p>\n<p><strong>A social enterprise cannot make money.<\/strong><\/p>\n<p>Myth. A social enterprise has to make money to be sustainable. Social enterprises are NOT charities, they usually work to achieve social goals as well as financial goals.<\/p>\n<p><strong>Well then a social enterprise can\u2019t turn a profit\u2026<\/strong><\/p>\n<p>Myth. While many social enterprises operate as non-profit organisations, they can also be for-profit businesses. As a business, a social enterprise needs to a profit just like any other business (as long as its social objectives are met as well).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rose-Marie Almond, Cobourg, Ontario, CYBF Young Entrepreneur &amp; Mentor \u2018Social enterprise\u2019 is a term that\u2019s being used more and more. But what does it really mean? Here I\u2019ll try and sort some of the facts from the myths. There is a social purpose at the heart of every social enterprise. Fact. If the social initiatives [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4794","post","type-post","status-publish","format-standard","hentry","category-social-impact-and-sustainability"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/4794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/comments?post=4794"}],"version-history":[{"count":0,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/4794\/revisions"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=4794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/categories?post=4794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/tags?post=4794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}