Social Enterprise Case Study: Analysis, Comparison, and Impact

This case study delves into the realm of social enterprises, exploring their core purpose and impact on society. It begins by defining social enterprises and their role in addressing social issues, emphasizing their commitment to both profit and social good. The analysis then examines two specific organizations, Charity Bank and Big Issue Invest, highlighting how they effectively tackle social problems and comparing their organizational structures and financial models. Furthermore, the study investigates the influence and impact of social entrepreneurs, including the crucial skills needed for success, such as innovation, project management, and public speaking. The conclusion synthesizes the key findings, underscoring the significance of social enterprises in creating positive change and the importance of entrepreneurship in driving this transformation. The document includes references to support the claims and findings.

ES1 Case Study Analysis

INTRODUCTION.......................................................................................................................................4
PART 1.......................................................................................................................................................4
Social enterprise and purpose of social enterprises..................................................................................4
PART 2.......................................................................................................................................................5
How selected organizations are addressing social issues in effective manner as well as explain why
these organizations has been selected......................................................................................................5
PART 3.......................................................................................................................................................7
Selected social enterprises will compare and contrast on the basis of structured and financed................7
PART 4.......................................................................................................................................................7
Influence and impact of the social entrepreneur of the organizations and skills as well as areas of
interest to becoming a social entrepreneur...............................................................................................7
Skills and areas of interest to becoming a social entrepreneur................................................................8
CONCLUSION...........................................................................................................................................9

INTRODUCTION
The social enterprises are mainly businesses which developed social purpose in
sustainable manner. These provide the income generation related opportunities which meet
requirements of the people. They are mainly earned income from the sales which reinvested in
mission (Carraher, Welsh and Svilokos, 2016). The social enterprise is a firm that mostly applied
the commercial strategies in context to make improvement in environmental, financial and social
wellbeing. In given report, there will be discussed about the social enterprise and its purpose.
There will be two different social entrepreneurs chosen from similar sector and compare their
motivations.
PART 1
Social enterprise and purpose of social enterprises
A social enterprise or a social corporation is explained as business with particular social
purposes. Social enterprises aim to increase profits and optimize environmental benefits. Its
revenues are used primarily to support the social programs. The idea of a social company was
designed to counter conventional commercial company in the United Kingdom in the late 1970s.
In the convergence of the private and public sectors, social enterprises thrive. It seeks to align
financial gain programs with social priorities, including accommodation for low-income families
or training in the workplace. In the large part because term has evolved rapidly over the past few
years and is fading increasingly in line with conventional business, governmental and non-profit
industries, social corporations may have challenges to define. Social companies are organizations
formed in a financially viable manner for social purposes. Social corporations should build
income opportunities for people living in poverty to meet basic needs of the community. They
are sustainable and revenue profits reinvested in mission (Chell and et. al., 2016).
Role and Purpose of Social Enterprise
Social enterprises provide a purposeful culture. Such businesses use most local people as
way both to provide them with jobs and to respond to their community's call for change. They
will satisfy their hearts through engaging in this social action. Communities feel better integrated

as they situate themselves in social projects with their fellow citizens. A large number of people
are required to create a social business like this. Cooperation is therefore required in rural
communities to preserve social enterprise. Social firms aim to innovate and evolve in a way
which is typically intended to fill the void in current public or private infrastructure. They also
meet people with social exclusion by offering incentives for volunteers, training and jobs. Social
enterprises may contribute to social identification in communities, helping local public to build
their self-confidence. Finally, social companies are usually formed to maintain and reinvest
income in local economy. In the growth of companies in Providence, Social Company
Greenhouse plays crucial role. Social Enterprise Greenhouse's goal is to create meaningful
economic and social impacts by helping social entrepreneurs and businesses through their
instruments and networks. Organization is network of members from businesses and
communities who bring time, expertise and resources to bring about meaningful social change by
social companies. They do this by supplying social enterprises and entrepreneurs with tools they
need to pass from concept to implementation. Incubation, later phase plan growth, financial
services and the downstream market (Dwivedi and Weerawardena, 2018)
PART 2
How selected organizations are addressing social issues in effective manner as well as explain
why these organizations has been selected.
Social enterprise is defined as business which has specific social objectives which serve
its primary purpose. In addition to this, social enterprises seek to maximize profits while
maximizing benefits to society as well as environment. Moreover, profit principles of social
enterprise are used for funding social programs. Example of some social enterprises are mention
below :-
Charity Bank – It is an independent bank which lend money to social enterprises and
charity. Charity bank was founded in 2002 to act as an saving bank as well as specialist loans for
charities and social enterprises (Powell, Gillett and Doherty, 2019). There are several
shareholders of charity bank such as charitable trust, foundations as well as other social purpose
organization. In addition to this, charity banks funds loans by offerings deposit accounts and
savings to businesses, trust, charities, credit unions and individuals in United Kingdom. It is also

member of financial services compensation scheme, the United Kingdom’s deposit protection
scheme.
Mission of charity bank – It was always going in different way as well as what drive
them is isn’t profit but they share idea about world in which they are living in. charity bank is
founded for supporting charities loans which they couldn’t find anywhere else and show people
how their savings will be invested in ethical manner and in the way which make happy. In todays
world charities is needed more but it is also becoming more challenged. That is why promise of
supporting charitable activities and supporting people to save as well as do good thing is more
important than ever.
Ethical policy – Charity Bank maintains following policies concerning its activities are
mention below :-
 Loans criteria – It only leads to charities as well as social enterprises.
 Staff and directors – Charity Bank pays no bonuses to their staff members as well as its
non-executive directors work for free.
 Transparency – Savers sending annual portfolio related to loans the banks has made so
they will be able to see how savings will invested in better manner (Vézina, Selma and
Malo, 2019). In addition to this, savers are also invited for meeting charities from local
community which supported through Charity Bank, as direct way of sharing the
deference which savings make.
 Accreditation – In UK, Charity Bank is the only Bank to be awardee the Social Enterprise
Mark reflecting its social sector ownership and social purpose.
Big issue invest – It is first social merchant bank in United Kingdom by social entrepreneurs for
social entrepreneurs. Big issue invest was founded in 2005 as well as it extends The Big Issue’s
mission through financing the growth of sustainable social enterprises. In addition to this, Big
Issue Invest offers social enterprises, charities as well as profit with purpose businesses loans and
invest from £20,000 to £3 million. Along with this, since 2005 Big Issue Invest have invested
within more than 400 social enterprises and charities across the United Kingdom.

PART 3
Selected social enterprises will compare and contrast on the basis of structured and financed.
Big Issue Invest – It offers social enterprises, charities as well as profit with purpose
businesses loans and invest from £20,000 to £3 million. Along with this, since 2005 Big Issue
Invest have invested within more than 400 social enterprises and charities across the United
Kingdom. In addition to this, Big Issue Invest currently manages or advises on over £250 million
of impact funds as well as is creating the United Kingdom’s first Social Merchant Bank through
social entrepreneurs for social entrepreneurs.
Charity Bank - It was founded in 2002 to act as an saving bank as well as specialist loans for
charities and social enterprises. There are several shareholders of charity bank such as charitable
trust, foundations as well as other social purpose organization. In addition to this, charity banks
funds loans by offerings deposit accounts and savings to businesses, trust, charities, credit unions
and individuals in United Kingdom. It is also member of financial services compensation
scheme, the United Kingdom’s deposit protection scheme. Along with this, in todays world
charities is needed more but it is also becoming more challenged. That is why promise of
supporting charitable activities and supporting people to save as well as do good thing is more
important than ever.
Thus, these both are social enterprises who are getting funds or financed from different
sources for conducting their operations in effective manner (Davies, Haugh and Chambers,
2019). Along with this, they both work for welfare of society and provide funds to needy people
so they will be able to do something by their own and get better living standards.
PART 4
Influence and impact of the social entrepreneur of the organizations and skills as well as areas of
interest to becoming a social entrepreneur
Social entrepreneurs mean changing existing markets that do not work and building new
ones to change the status quo. These are individuals who have financial and organizational
expertise to start a business effectively, with social impact as their key goal. A 'Theory of
Change' is one way for social entrepreneurs to solve this issue and to measure success. The

system aims at understanding short- and long-term effects of the actions of a social organization
and explains how realistic improvements can be made. Society entrepreneurs were keen to find
potential opportunities in a specific social problem, to create technologies leading to innovative
new solutions, to demonstrate transparency through frequent performance and impact measures
and to secure reliable revenue sources. With their creative strategy, social entrepreneurs make
progress in education industry. Most entrepreneurs use technology in order to reach the masses
and enable them to learn. Some of us form an energetic team of people concerned towards
education. Monetary benefit is only tool for the entrepreneurs to achieve goals which focus on
people. Of course, social entrepreneurship is much more than economic activity-at a time
when they need them, it provides society with constructive ideas that change the world. Social
entrepreneurship is important because social benefits are maximized (Rahdari, Sepasi and
Moradi, 2016).
Skills and areas of interest to becoming a social entrepreneur
Innovation and Creativity- Innovation and creativity encourage the creation of new ways
for social entrepreneurs to provide their services and goods. The development, transition and
scale are crucial in changing economic world full of complexities and uncertainties. Creativity
and innovation require preparation and practice. This is not just to make or to do something else.
The organizations with social impact must pay attention with innovation and creative
preparation.
Project management- Inventive project management proves extremely useful in
resource-limited environment. This allows social entrepreneurs to build an immediate sense of
accomplishment, while staying agile and open to new risk areas. Project management assumes
responsibility, assigns roles and identifies successes and performance steps (Rawhouser,
Cummings and Newbert, 2019).
Public speaking- Social entrepreneurs need to be successful public speakers to achieve
their dream. Change needs to be motivated. Social entrepreneurs need to be able to interact their
vision effectively to gain traction. Even individuals aware of social inequality in world will
challenge everyone to inspire people. This means that people are called upon to step away from
rituals and act. Public speaking also is way of achieving such goal as it brings together a variety
of significant and mutually related influences and synergies. Multitudes consisting of identical

mentalities may feel a sense of culture. A leader who can trust and help people can win
momentum (Rey-Martí, Ribeiro-Soriano and Palacios-Marqués, 2016).
Social entrepreneur would interest to create an organization that would benefit more
economically, not just financially. Social entrepreneurs will aim to create goods that are
environmentally friendly, represent a disadvantaged community or concentrate on charitable
efforts.
CONCLUSION
After going through overall discussion it has been concluded that, Social enterprise is
explained as business which has explicit social goals which fill its essential need. What's more,
social undertakings try to augment benefits while expanding advantages to society just as
condition. In addition, benefit standards of social undertaking are utilized for subsidizing social
projects. Alongside this, they assume significant job in government assistance of society by
giving them assets according to the prerequisite.

References
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entrepreneurship. European Journal of International Management. 10(4). pp.386-402.
Chell, E. and et. al., 2016. Social entrepreneurship and business ethics: Does social equal
ethical?. Journal of business ethics. 133(4). pp.619-625.
Dwivedi, A. and Weerawardena, J., 2018. Conceptualizing and operationalizing the social
entrepreneurship construct. Journal of Business research. 86. pp.32-40.
Rahdari, A., Sepasi, S. and Moradi, M., 2016. Achieving sustainability through Schumpeterian
social entrepreneurship: The role of social enterprises. Journal of Cleaner Production. 137.
pp.347-360.
Rawhouser, H., Cummings, M. and Newbert, S. L., 2019. Social impact measurement: Current
approaches and future directions for social entrepreneurship research. Entrepreneurship Theory
and Practice. 43(1). pp.82-115.
Rey-Martí, A., Ribeiro-Soriano, D. and Palacios-Marqués, D., 2016. A bibliometric analysis of
social entrepreneurship. Journal of Business Research. 69(5). pp.1651-1655.
Davies, I. A., Haugh, H. and Chambers, L., 2019. Barriers to social enterprise growth. Journal of
Small Business Management, 57(4), pp.1616-1636.
Powell, M., Gillett, A. and Doherty, B., 2019. Sustainability in social enterprise: hybrid
organizing in public services. Public Management Review, 21(2), pp.159-186.
Vézina, M., Selma, M. B. and Malo, M. C., 2019. Exploring the social innovation process in a
large market based social enterprise. Management Decision.