Hey there! Ever wondered how a business can earn money and do good at the same time? Let's explore!

• It's like a superhero business: it has a mission to save the world (or at least part of it) while earning some cash.
• The main mission: Improve human, social, or environmental well-being.

• Social enterprises have the usual business stuff (legal existence, management, reporting), BUT their primary goal is always the social mission, not just making profits.

🤓 Example: TOMs is a for-profit social enterprise. When you buy a pair of shoes from them, a kid in need gets a pair too!

• Private Sector Companies: Like TOMs. They mix business with kindness.
• Public Sector Companies: These folks team up with governments.
  • Example: Companies making meals for older folks who can't cook.
• Cooperatives: Run by a bunch of people who own and operate the business. It's like a community of business owners.
  • Types of Co-operatives
    • Financial Cooperative: Kind-hearted banks.
      • Example: Credit unions lend money at low rates.
    • Housing Cooperative: Offers affordable housing for members. Imagine living in a building where everyone's a friend!
    • Workers' Cooperative: The employees run the show!
      • Example: If a business is sinking, the employees can band together, take over, and revive it.
    • Producer Cooperative: Producers joining hands for better production.
      • Example: Grape farmers creating wine together.
    • Consumer Cooperative: Owned by consumers, offering goods/services at lower prices.
      • Example: Some grocery stores in Europe & the U.S.