Six issues every social venture needs to get right
SOCIAL BUSINESS SPRINT #3: Running a social venture can be a super-complex juggling act. Where should you focus your attention? From managing your money, to developing the company culture – find out which six things to prioritise.
Running a social venture can sometimes seem like a super-complex juggling act – with not only the business side of things to get right but social impact to deliver to boot.
So, in this short video, we've distilled the important elements down into six key points, in just over three minutes.
In this third in our new series of short ‘Social Business Sprints’, Eddie Finch, partner in the charity and not for profit team at Buzzacott accountants, advises first to get your systems and processes functioning smoothly. Do this – and then you'll be able to assess how the finances are adding up and what impact you are making.
Next, you'll need ways to predict and manage any risks and a solid plan to achieve growth.
And to do it all you'll need to glue everything together with a strong culture that all the team can get behind.
- Get your social enterprise Fit for the Future: explore our special series with Buzzacott
Watch the 3-minute video above for this second Social Business Sprint – quick tips from the experts on keeping your social enterprise fit for the future.
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