What is social enterprise?

A social enterprise is a business with primarily social objectives whose surpluses from trading (i.e. selling services or managing contracts) are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners.

The Office of the Third Sector described the range of options available “They can come in many shapes and sizes, from community-owned village shops to large development trusts, and in many legal forms, including community interest companies, industrial and provident societies and companies limited by guarantee, among others.”

Many voluntary and community groups often undertake social enterprise activity, ie trading or selling services, as part of what they do, if it is allowed for under their constitution. 

Find out more from Social Enterprise UK

Need help for a private business?

The Voluntary Organisation Support Officers do not advise private businesses (organisations where the majority of profits are distributed to individuals or other private companies).

Visit the Invest in Bradford website. The Invest In Bradford team includes experienced business advisors who support businesses looking to start-up, relocate or expand in the district.

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