The social enterprise is an entrepreneurial advantage towards the well being of the communal, ethnic and environmental aspects of the community. Social business professionals are working towards the extemporization of the communities as compared to the profit-making institutes.
The customary goal of all social entrepreneurship includes the growth and well being of the community. There are various types of establishments for social businesses, such as:
- Non- profit business
- Co-operative societies
- Community project
- Special purpose business
There are no particular arrangements or no particular perspectives of the law to offer social business or entrepreneurship. However, there is no exceptional advantage or exemptions, subject to the activities that the business person or enterprise undertakes and relying upon the kind of institute it seeks to include as, depending on that there may be certain benefits in terms of taxes and in terms of governance.
However, altogether there is no noticeable law for a social business or entrepreneurship versus regular profit-making business or Read More
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