SOCIAL ENTERPRISES

What are the benefits and limitations facing social enterprises in providing welfare and care services in the UK?

What are the benefits and limitations facing social enterprises in providing welfare and care services in the UK?

Introduction

Social enterprises refer to the businesses that operate for a social cause. They operate with social objectives, deal with the competitive economies and employ their revenues for the overall benefits of the community. Social welfare enterprises in the UK operate across an extensive variety of industrial sectors, counting in the growth and development sectors like social care, renewable energy and recycling. It is a diverse sector and entails some community businesses, social firms, community development trusts, housing associations, credit unions, and cooperatives.

Concept of Social Enterprises

Social enterprises in the UK are generally the businesses that are steered by the environmental or social causes. They, as with all the businesses, compete for the order of delivering services and goods however the difference is that their social cause is at the core for all the things carried out by them and the total revenues made by them are invested again toward the achievement of the social causes. They are operated under a variety of the legal forms. Some would be integrated as enterprises and they also might or might not take benevolent status. Other social organizations would be structured like the Industrial and Provident Societies (Dees, 2008, pp. 55-67).

The community interest organization; a comparatively novel legal type; is a commissioned form of an organization intended for the social organizations having in built locked asset. The sector of the social enterprises is diversified and their objective is to employ the ownership of land, and buildings, doing business for social causes, and self service for the order of bringing about long standing environmental, social and economic benefits to their domestic regions. The social firms are the corporations that work on the particularized purpose of creating jobs for individuals who specifically endeavour to seek employment. Community businesses are referred to as the renowned corporations for instance “Fifteen and Divine chocolate”, “Jamie Oliver's restaurant”, and “Big Issue”.

Need for Social Enterprises

The model of social enterprise can be the most suitable one in hand for the ones wanting to achieve something more than merely the financial revenues. The social enterprises have headed the way in employing the principles of commercial business for the order of promoting the ethical commerce of services and goods and also for achieving the environmental or social objectives. Despite the fact that these types of enterprises have conventionally been allied to the supply of communal services, several of them function quite successfully across an extensive variety of commercial sectors. The commercial sectors wherein the social corporations function count in consultancy firms, call centres, graphic design, the hospitality industry, chocolate and coffee production, the supply of bottled water, and the furniture restoration (Paul, 2009, pp. 38-58).

Social Enterprises in the UK

Social enterprises are frequently established for the purpose of addressing the environmental or social necessities, like the stipulation of public ...