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Razzmatazz · 12-07-2006, 11:28 PM

In the UK we now have a recognised business sector called 'Social Enterprise' which the government is heavily promoting and supporting. A social enterprise is essentially a business set up with the aim of providing some kind of social/environmental change and the sector has grown rapidly over the last few years.

Two you may heard of are Big Issue and Cafedirect.

These are not charities but professionally-run companies which in some cases have a multi-million pound turnover. I think to be classified as a social enterprise a certain percentage of your profit has to be reinvested back into the company/staff.

"there are at least 55,000 social enterprises in the UK with a combined turnover of £27billion per year. Social enterprises account for 5% of all businesses with employees and contribute £8.4billion per year to the UK economy - almost 1% of annual GDP"

Wouldn't it be good if other countries pushed and supported a similar initiative?

12-07-2006, 11:28 PM	#29 (permalink)
Razzmatazz Junior Member Join Date: Nov 2006 Posts: 6	Social Enterprise In the UK we now have a recognised business sector called 'Social Enterprise' which the government is heavily promoting and supporting. A social enterprise is essentially a business set up with the aim of providing some kind of social/environmental change and the sector has grown rapidly over the last few years. Two you may heard of are Big Issue and Cafedirect. These are not charities but professionally-run companies which in some cases have a multi-million pound turnover. I think to be classified as a social enterprise a certain percentage of your profit has to be reinvested back into the company/staff. "there are at least 55,000 social enterprises in the UK with a combined turnover of £27billion per year. Social enterprises account for 5% of all businesses with employees and contribute £8.4billion per year to the UK economy - almost 1% of annual GDP" Wouldn't it be good if other countries pushed and supported a similar initiative?