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by michael_nielsen
5255 days ago
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The term "social enterprise" is used in many ways, and doesn't seem to have a clearly accepted legal definition. Without clarification of what you meant, it's difficult for me to comment directly on your suggestion. However, with that said, I'd just like to emphasize that I'm certainly not criticising for-profits. I'm saying not-for-profits are different, and have a whole different set of advantages and disadvantages than for-profit enterprises. |
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I guess the point I was making is that the advantages that a non-profit has ultimately (feel free to correct me, or add new ideas that I neglected) are a) tax incentives, b) helping the world or altruism, and c) zero or very low price for the goods and services offered for most of the customers. Having never really worked in the non-profit sector, aside from working during my years in college, those are the only benefit that I can generalize for non-profits. Both a) and c) can be replicated in for-profit firms. And social enterprise, depending on the sector that it's in, can capture b) as well to an certain extent. Hence as long as the people running the company has the right attitude and has good goals, running a non-profit really isn't necessary.
What were the advantages you were thinking of? I would be very interested to hear your take on it.