What does it mean to be a Social Enterprise?
A Social Enterprise is a business that is run for the benefit of a community, society or environment. Unlike other businesses that exist to maximise profit for the owner or shareholders, social enterprises invest the majority of their profits in a good cause. This might mean that they donate their profits to a charity, spend them on projects in the community or reinvest profits back into the good work of the company itself. However they arrange it, they are organisations that primarily work for people rather than for profit.
The purpose of a Social Enterprise is to 'do good' for the community and society. For example, Evolving Families 'does good' for the community by providing clinical psychology services to those who need them in the form of assessment, formulation, one to one and group therapy, training, consultation, research and evaluation. Some of our work is subsidised so that money is not a barrier for people to access our services.
Social Enterprises have a clear aim and mission statement. The remit of Evolving Families is wide, but the main aim of our social enterprise business is to reduce psychological distress and improve the interpersonal relationships and resilience of children, families and adults who have experienced adversity (eg abuse and neglect, physical health conditions or neurodevelopmental disorders) and those supporting them in their recovery.
For more information about Social Enterprise visit, http://www.socialenterprise.org.uk