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Social Enterprise, Non-Profit and For Profit: The Differences

Social Enterprise Profit vs Non-Profit from The Startup Garage

  While the most important difference between a social enterprise and any non-profit or for profit company is an emphasis on the balancing act between the mission and the (profit) margin, there are many specific business attributes unique to a social enterprise.   Corporate Accountability:  Along with traditional financial and legal accountability, a social enterprise […]

What is a Social Enterprise?

What is a Social Enterprise from The Startup Garage

You may have heard the term “social enterprise” being discussed in the business world — but what does it really mean?  A social enterprise is the joining of a social cause with a business activity.  It is easier to understand the concept of a social enterprise if you think of a business continuum with non-profit […]

Non-Profit Legal Issues: Profit-Seeking Activities

Non-Profit Legal Team Setup from The Startup Garage

Since non-profits are established with a specific promise to return the profits into the organization and to not pass them along to any officer, director or employee of the organization, some financial transactions are bound to raise a red flag or be a cause for a non-profit to lose access to federal grants, community donations, […]

Benefit Corporations vs. B-Corporations

Benefit vs B-Corporation Social Enterprise from The Startup Garage

With the new era of Social Enterprise upon us, we are seeing more and more companies blend their business structures between for-profit financial efforts and philanthropic social returns. This rise in social awareness and communal benefits has led to rise of Benefit Corporations and B-Corporations across the nation. Often confused, these two types of enterprises […]

Starting a Business and Thinking About the Environment

Social Enterprise Environment Business from The Startup Garage

In nearly every business, business administrators are thinking about ways they can run their businesses efficiently. A new trend that is emerging rapidly today is environmentalism. In nearly every industry, people are thinking about ways they can run their business efficiently without harming the environment. It has become apparent how important this is. Eco-friendliness is […]

Give and Your Business Shall Receive

Entrepreneurship Give and Business Receive from The Startup Garage

If you are networking to build your startup business, you might want to try the Give and Receive approach. The Give and you shall receive principle is popular in a lot of religions and mythologies. The same idea can be easily applied to your small startup business. Here, we suggest that you implement a more […]