PETERBOROUGH AFRICAN COMMUNITY ORGANIZATION

Peterborough African Community Organisation

Business Plan- Peterborough African Community Organization

Introduction

Social enterprises are businesses driven by a social or environmental mission (social enterprise coalition). They are businesses primarily set out for social purpose. Whose principal objective is to reinvest their surpluses mainly for social purpose in the business or community rather than maximise profit for shareholders and owners (The Cabinet Office. Office of the third sector). Commercial enterprises are business organisations that are set up mainly for profit. Their main objective is to maximise profit for their shareholders and owners. It could be Mobil unlimited or publicly owned companies like commercial banks or limited liability companies. Social enterprise transcends traditional non-profit sector and applies to health, environment, education and social welfare. It also applies to economic development or job creation programmes (Virtue Ventures, 2007). An example is Southampton social council that is geared towards providing quality education for the children in its community. It is also involved in providing quality water for its citizens free from sodium, lead and impurities.

Social Enterprise

The aforementioned are organizations which exist to address social or natural need. As opposed to maximising benefit for shareholders or possessors, benefits are reinvested into the neighbourhood or go into the business. It's this which makes social undertaking the most electrifying and rousing business development in the world.

Types of Social Enterprise

cooperatives

credit unions

housing associations

community development trusts

Social Firms

Community businesses

Aims and Objectives

Peterborough FM have distinct working methods, which are well worth referring to in terms of setting the context of the project and the aims of the organisation as a whole in terms of its relevance in the wider community

Peterborough FM began with and retains its commitment to being “community radio” in terms of leadership opportunities for the community and also to restrict commercial activity, which it sets out to be a maximum of 10% of the airtime

Commitment to the project being about creating an innovative learning environment. In such a way, the project is able to recruit, train and support volunteers from many excluded communities, who often would not engage in learning provision due to lack of confidence or previous poor experiences with education

The final guiding principle to the work is community cohesion. Whilst cohesion links very closely to the point above, the working methods engaged and the difference it is making is worth identifying this principle separately to ensure sufficient attention

The Enterprise

As a community radio station, Peterborough FM (PFM) is a flexible and accessible radio station, open to everyone in the community and that focuses on social gain rather than music dominated by commercial advertisement. Although as social enterprise its strategy is to grab every opportunity that is available in the field. Community Radio is usually staffed by volunteers and run with an underlying ethos of enabling participation in all the activities of the station through access and training. Peterborough FM retains its commitment to being “community radio” in terms of 90% of the work is on inputs in terms of recruiting, training and supporting volunteer activity ...