Social Enterprise and the NPO Sector

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Social Enterprise and the NPO Sector

Leslie Milton, CPA, CA, LPA, Associate Partner

Social enterprise is becoming a more and more popular tool for non-profit organizations and registered charities. Social enterprises are programs run by an organization to generate income, as well as to achieve social, cultural, and/or environmental goals.

So the question has to be asked: Is it easier to run a social enterprise as a charity or as a non-profit organization (NPO)?

Consider these points:

So what is the answer? Unfortunately, there is no perfect structure, and the answer varies from organization to organization. As your organization explores the social enterprise revolution you should consult your accounting and legal advisors to be sure you have fully considered the legal, tax, and accounting implications associated with your social enterprise.

It is also very important to understand there is no guarantee of success in establishing a social enterprise. Like any business, without community support, you may not have the funds necessary to start or continue a new initiative.

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