Business Advice - Overview
Business support for social enterprise is effective when brokered and delivered by agencies that understand the unique incorporation, governance and cultural drivers of social enterprises.
The business support needs of social enterprises are broadly similar to those of commercial businesses in terms of content. The difference is the distinctive ways in which social enterprises operate, their value led nature and the need for a balance of economic, social and environmental benefits - the triple bottom line.
Social enterprises can face obstacles when accessing investment and business support but there is a wealth of expertise available in the East Midlands. Support organisations can offer a range of support to existing or emerging social enterprises including information and signposting, advice, consultancy, training, financial and mentoring services.
Many business support organisations also provide networking opportunities for social enterprises. In terms of cost, a number of support organisations are funded to provide a specialist support service to social enterprises but some associated costs may be incurred, e.g. registration with Companies? House. However, when sourcing business support always find out any charges in advance.