B2 – Upper Intermediate
The main goal of social enterprises is not only to maximize profits but to also catalyze social change. The profits they make are often allocated to funding social programs.
These social enterprises try various structures and challenge traditional approaches to being a for-profit and non-profit business.
Learn about a new tool in social enterprise called limited fiscal sponsorship.
Discussion Questions:
- Explain limited fiscal sponsorship. What do you see are the advantages and disadvantages of this approach?
- Name other approaches that are used to fund and structure social enterprise ventures.
- What do you think about social entrepreneurship?
- Would you consider putting up your own company with the same business approach? Why or why not?
- Name successful social enterprises or entrepreneurs you know of. What are they well-known for?