When I talk to people about what we do at Shine and that we are a Social Enterprise I regularly hear: “ok so its a charity right?” This is an assumption people make which I have to say I used to think the same!
So to clarify for everyone. NO a Social Enterprise is not a charity, they are very different set ups, though both have a goal either to help a specific group of people and/or the community.
Social enterprises are businesses that are changing the world for the better. Social enterprises are in our communities and on our high streets – from coffee shops and cinemas, to pubs and leisure centres, banks, bus companies and of course like Shine a Conference centre, Caterer, Cafe and Office space provider.
Many Social Enterprises are self funding meaning that they do not rely on handouts or funding, therefore every penny that they make is important, as the more people that buy from them, the more profit that they can make and they can make a difference in peoples lives by the social impact work that they do. The social Impact that they make can be anything that makes a difference in people’s lives. At Shine we focus on supporting Children in the community, giving ex-offenders a chance to train and get back into the work place which aids their rehabilitation and supporting Local Entrepreneurs though affordable space, networking and mentoring.
How do social enterprises work?
By selling goods and services in the open market, social enterprises reinvest the money they make back into their business or the local community. This allows them to tackle social problems, improve people’s life chances, support communities and help the environment. So when a social enterprise profits society profits.
So really why isn’t every company doing this? it’s the best way, provide a product or service, sell it in a commercial way and do good at the same time!