What is a social business? Are they non-profit enterprises or is there incentive to make money? Do people support businesses like these? Featuring 18 PRO Trends and 127 research examples, the Social Enterprise Trend Report is essential for understanding this growing industry and why consumers are so fascinated with it.
A social business can be for-profit or non-profit, however, its main goal is to make a difference in the community or culture that it operates in. This is done in various ways, from reinvesting funds into a community to using fair-trade materials and textiles, reducing harm to the environment.
By using our crowd-generated data, you will gain more insight into this growing sector of the business world.
Understand Businesses That Actively Seek Change
1. For-profit Social Businesses - Identify opportunities for businesses that are driven by profit while also making a positive impact on the community.
2. Sustainable Materials and Practices - Explore innovative ways for businesses to use environmentally-friendly materials and reduce harm to the environment.
3. Community Reinvestment - Discover how businesses can reinvest their profits back into the community for social development and improvement.
1. Manufacturing - Find ways for manufacturing industries to adopt sustainable practices and use eco-friendly materials.
2. Retail - Explore opportunities for retail businesses to incorporate social and environmental initiatives into their operations.
3. Finance - Identify strategies for financial institutions to support community reinvestment and contribute to sustainable development.