Are you looking for another stream of income outside the traditional channels to support your mission? Now more than ever, community organisations are recognising the important role they can play in providing innovative responses to social issues, as well as the opportunities this creates for their own financial sustainability. Before going down this path, it’s important to understand what’s involved from a legal standpoint and to spend some time getting the foundations right.
We’ll cover:
- What is a social enterprise?
- Five things to consider when starting a social enterprise
- The different legal structures available
- Charity status and tax concessions