Social Enterprise

Social Enterprise

What is a Social Enterprise?

If you already operate a Social Enterprise or want to start a Social Enterprise you need a law firm which really understands your needs.

A Social Enterprise is an organisation with a difference. It differs from ordinary businesses because its aim is to provide a benefit to the community rather than to its owners or operators. Its surplus funds are either invested back into the Social Enterprise or the community. The aim of a Social Enterprise is not to generate profit for its owners but to maximise benefits to the community or a section of the community.

The phrase “Social Enterprise” is a catch all term to describe lots of different types of organisations which operate for the good of society. The same as the word “business” includes sole traders, partnerships and companies.

Types of Social Enterprise

Social Enterprises do not have to take a particular legal form. This means that there are many different types of Social Enterprise. Types of Social Enterprise include:

  • Unincorporated associations
  • Companies and Community interest companies
  • Trusts
  • Industrial and provident societies
  • (from 2011) Charitable Incorporated Organisation
  • Project based joint ventures and partnering arrangements

The form your Social Enterprise takes may depend on considerations such as what you want to do, stakeholder involvement, funding and tax efficiency.

Examples

Social Enterprises can be small local concerns or national organisations. A few examples of common services provided by Social Enterprises are:

  • childcare services
  • community projects such as pop-in centres
  • regeneration projects
  • training and educational providers
  • leisure service providers

In addition, Social Enterprises and Social Entrepreneurs will be at the core of the Local Government reorganisation plans with services and functions being transferred to existing or specially set up Social Enterprises.

Want to know more?

Blog Posts

Hundreds enjoy a day messing about on the river at Woodbridge Regatta

25/07/2017

Music, sailing, fun and games were the order of the day as hundreds of…

Read More
Upcoming Events

Suffolk Dog Day

25/07/2017

For all you dog lovers out there, Gotelee Solicitors are sponsoring Suffolk Dog Day…

Read More
News Posts

Employment Tribunal fees are illegal and a barrier to justice, rules Supreme Court

27/07/2017

The Supreme Court has ruled that Employment Tribunal fees are "illegal" and prevent workers…

Read More

Testimonials

"Clarity and speed. A refreshing absence of legal jargon and gobblodygook!"

- PS

"The down to earth manner of the solicitors."

- GN

"Not too formal - felt like a chat with a friend."

- JG

"As your entire service was excellent, it is not possible to single out anything special to mention."

- AH

"A big firm with a local touch!"

- RG

"Great service, never made things complicated!"

- JW

"Warm friendly service with clear responses to all my questions."

- BF

"Mr Rowland was sincere, approachable, understanding and professional throughout."

- GD

"Personal, prompt, caring and communication by email was excellent."

- Anonymous

"Feeling at ease knowing that they were putting my best interests first."

- Anonymous

Please select preferred method of contact

* We will only contact you by telephone if you select this as primary form of contact.