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What Entrepreneurs Should Consider Before Starting A Social Business

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Younger entrepreneurs are starting social businesses that give a portion of revenue or profits to charity. Does mixing financial self-interest with non-profit activities make business sense?

Capitalism requires a dose of reality. Participants must constantly obsess about what’s in the best interest of the business and shareholders, and execute a game plan to beat the competition.The Business Must Be Profitablenumber one challenge for small business owners

Instead of addressing many worthwhile causes, find a single charity that naturally aligns with your passion, “We give back to military veterans because that’s a big reason why we started our company.

 

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