Many business owners, boards, and stakeholders may not realise they are already operating as a social enterprise. Social enterprises aim to have a positive community impact, not just maximise profits. According to CSI Australia, a social enterprise has an underlying mission of creating social or environmental change. This differs from a traditional business focusing solely on making money.
As a general rule, the optimal time to commence your draft strategy for 2024 was back in October…but there is still time, if you commit to making your business strategy a focus over the next few weeks.
With Christmas just around the corner, an increased level of social events and the holiday season upon us you need to be ready to start 2024 off in a strategic way.
In response to the challenging times facing founders, social enterprises and purpose-driven startups One10 founder, Geoff Gourley is opening up FREE ‘Office Hours for Social Enterprise’ every Wednesday between 2PM and 4PM, starting Wednesday 1st April, No Joke!
You can book a 30min online video call to discuss your challenges, issues and explore potential strategies and solutions available to you. Spaces are limited, so book your FREE spot today.
Your business concept might be unique, or your technology cutting edge but according to a study by Harvard Business Review regardless of whether you’re a not-for-profit or a bank, all paths to business success are the same.
The Victorian Government has released a Social Enterprise Strategy, announcing $5 million in funding to further increase the impact of and innovation in the state’s social enterprise sector, build business capacity and skills, and improve market access.
Success or failure is not determined only by you, the entrepreneur. But the choices you make, and consequently the story of your business, is. Who are you may be more important than what you do.
The most common challenge listed by the not-for profit sector is funding, the second is people or time. Its time to dispel the myths around successful not-for profits and start innovating.