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Managing Entrepreneurship: Social Entrepreneurship and Motivations for Setting up a Social Enterprise

   

Added on  2023-01-05

14 Pages3483 Words96 Views
Managing
Entrepreneurship

Table of Contents
Introduction......................................................................................................................................3
Task 2 - .......................................................................................................................................4
Social entrepreneurship and various motivations that supports in setting up a social enterprise 4
Task – 3 .......................................................................................................................................6
Concept Plan................................................................................................................................6
Conclusion.....................................................................................................................................11
REFERENCES..............................................................................................................................12

Introduction
Managing entrepreneurship is the practice of acquiring knowledge of entrepreneurial and using
it for maximizing the effectiveness of small and medium-sized businesses as well as new
business ventures. Denisa's nails is a new start-up in U.K. Entrepreneurship is essential because
it has the capability to improve living standards and make income. This report discusses the
theme of society that needs social entrepreneurship and recognizes the motivations which
support to set up a social enterprise. It also discusses the structure concept plan of Denisa's nails.

Task 2 -
Social entrepreneurship and various motivations that supports in setting up a social enterprise
Social entrepreneurship is all about identifying the social issues and acquiring a social
modifications by employing processes, principles and operations of entrepreneurial (Kimmitt and
Muñoz, 2018). It is the collaboration of commerce with and basic level of doing business for
social cause. Denisa's nail salon launches its new venture by applying risk taking and innovative
approaches that includes inventing totally new services related to beauty n grooming services.
Social entrepreneurs supports entrepreneurs in addressing the environmental problems in
innovative way. It is a worldwide revolution that is not only concerned for earning profits.
Success is also described by how Denisa's nails business improves the society. Unlike being in a
non-profit sector, social entrepreneurship does not include measuring success in terms of earning
profit. They mainly keep focus on measuring its entire performance in profit or return in the
terms of monetary. Denisa's nail salon create and implement different innovative, effective
services related to nails, and sustainable solutions to fight against the nails problems that are
challenging communities in the Glasgow. Social entrepreneurship is the business for social cause
by keep its general interest on the top of economic performance. It focuses on making
environmental change while moving towards profitability. Its characteristics are to acquire large
scale social change (Rawhouser, Cummings and Newbert, 2019). Social entrepreneurship utilizes
its business to offer new concepts and ideas for wide scale environmental impacts (Dwivedi and
Weerawardena, 2018). Social entrepreneurs also present ideas that are easily understandable,
ethical and engages support worldwide. It focuses on the ecological change that is helpful in the
modifications and innovations to solve social issues. Social entrepreneurs in Denisa's nail salon
always utilize feedback system to adapt & refine their improvements. Social entrepreneurs
always seek imbalances of services and products that are unavailable. People often get attracted
to social enterprise business which use model of social entrepreneurship because they are
supporting community in solving problems when they spend their valuable money on something
they need. Social entrepreneurship of Denisa's nails is a new formula for achieving success,
collaborating capitalism with a mentality of doing good for the people of Glasgow. It is a method
of self funding for making businesses enough profitable and also have a mission to tackle
ongoing global dilemma's to obtain Denisa's nail salon entrepreneur high-minded goals. The
company may give funds in specific programs, make partnerships with government or current

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