social delta

Consulting and support for social enterprise in Canada

Tag: social impact

Why invest in a social enterprise that doesn’t break even?

The goal of a social enterprise is to create positive social change.

To sustain its social impact it has to make enough money to pay all its expenses… in order to remain financially viable, correct?

Would you believe that a $50K investment in a financially unsustainable social enterprise (generating revenue that never exceeds 80% of its costs) can still create more than four times the social impact than making the same donation to charity, while at the same time creating more than $360K in retained earnings, keeping the business in operation over 22 years without any further investment?

There is a strong case to make a social investment in a business that doesn’t break even. If your investment goals are to create social change, then better to invest in a business that can use your money to multiply the social benefit.

Read my guest blog post at SEEChange Magazine for the full story and calculations.

NEW: RECIPE FOR IMPACT

  • Is your social enterprise engine sputtering?
  • Are you and your team frustrated or overwhelmed?
  • Is revenue stagnant? Is financial sustainability in jeopardy?
  • Are you maximizing your social impact?
  • Is your founder looking for other work?

Social enterprises can have troublesome adolescent years as well, and Social Delta knows how to help  you overcome the challenge through a practical, effective one-day strategy session.

We offer a full day facilitated strategy workshop to help you and your social enterprise stakeholders identify strengths and challenges, and refine your objectives. This is a co-working session which draws upon Social Delta’s decade of experience working with and studying social enterprises, and your intimate knowledge of your own business.

This is not just any business strategy session. It is specifically designed for social enterprises, whether run as a co-operative, a non profit corporation, or a private company. We don’t just look at the numbers, we review the whole business proposition and identify how to maximize your social impact through improved business practices.

This unique service starts with an online survey completed by your team of stakeholders (clients, managers, employees, volunteers, board members and owners). This survey sets the foundation for an objective group evaluation of the financial and social health of your business in 12 different thematic areas.  The survey results form the foundation of a day of in-person discussions allowing your team to make concrete decisions about what areas need to have more focus, and what aspects of the business can be relaxed in the short term. The whole process is designed to “round the wheel” by reallocating scarce resources–time, physical assets, operating capital, and human resources–to create a stable, robust and effective social enterprise.

Together, we will write your business Recipe for Impact

In only one day:  Concrete, realistic, measurable  next steps to maximize the social impact and the financial health of your business.

Contact us for more information on pricing or to learn about this unique service for social enterprises.

Make it easy for gift buyers to find your social enterprise

SEontario  invites any Ontario based Social Enterprise [SE] to tell them about their products and/or services available this holiday season.

All through the month of December the good folks at Social Enterprise Ontario will be updating their Social Enterprise Holiday Gifts page, tweeting, and sharing via their news section different offerings from great Ontario SE’s like yours.

Please fill out this online form  to let them know a little about your social enterprise and the products/services that you’d like highlighted.

They officially launched the page on Monday, Dec. 1st, 2014.

Get your products and/or services listed on this gift giving directory as soon as possible, as the page will be updated and maintained all through the Holiday season.

If you are looking to buy gifts from social enterprises…be sure to follow @seontarioweb on Twitter, and visit the Social Enterprise Holiday Gifts page for gift ideas.

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