There is a lot of talk out there about Social Enterprises and the part they can play in helping the country go forward. The first myth I would like to explode is based around the name some politicians, and sadly some people working in the sector, give to these organisations and that is âNot for Profit.â That is something they most definitely should not be, they need to make a profit, or surplus if you prefer to call it that, otherwise there is nothing to pay for the future. The important thing is what they do with the profits and for a true Social Enterprise what I would expect to see is that they are largely re-invested into the community.
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This blog is written by the team at St Johns Innovation Centre and will focus on various aspects of starting or growing a business. It also includes contributions from the advisors, entrepreneurs and business angels that have been involved in projects delivered by the Centre.Follow St John’s Innovation Centre
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