Social enterprises have huge opportunities to drive economic growth and address important local social issues. This is critical when public spending is being cut and many essential services reduced or removed.
This sector contributes to the economy in several ways, including providing employment opportunities. They also address local and national social issues, while ploughing back most of their profits into the causes they were established to tackle.
However, setting up, running and growing a social enterprise presents a range of challenges. Some of these are similar to the issues facing any business but others are unique to this sector.