-
Sustainable Business Models in Social Enterprises
Sustainable business models in social enterprises aim to balance profit generation with positive social or environmental impact. Unlike traditional businesses, these enterprises integrate innovative strategies to address societal challenges while ensuring long-term financial sustainability. Key models include mission-driven approaches, hybrid revenue streams, cross-subsidization, and circular economy practices, all of which align profitability with purpose. Examples like TOMS Shoes, Aravind Eye Care, and TerraCycle showcase how social enterprises can successfully combine financial viability with community empowerment and environmental stewardship. Continuous innovation, customer engagement, and clear impact measurement are crucial for their success.For more detail:
https://www.youtube.com/live/HOhWDFBWyhY?si=1ZOedfRyHXQoKCQi
