IMPACT + SUSTAINABLE REVENUE
= SOCIAL ENTERPRISE

A traditional nonprofit focuses on impact  as a measure of success, typically using donations and grants as revenue. 

A traditional business focuses on maximizing revenue by providing products or services as a measure of success.

Social enterprises find a beautiful space in the middle. Utilizing a consistent product or service-driven revenue stream, social enterprises fund social impact.

Let's face it - for those desiring to impact the world, relying on donations and grants is becoming increasingly difficult.

BECOMING A SOCIAL ENTERPRISE

BOTH REVENUE AND IMPACT
Whether you are an existing business, nonprofit, or a new start-up, you have the power to break out of these old-fashioned historical models. Only about revenue? Only about impact?  How about BOTH? 

Here’s the challenge: utilize your revenue-generating business to help  your community. Social concerns are all over the places, so if you haven’t yet found a niche that motivates and challenges you, let us help. Together we’ll find a need, injustice or opportunity that stirs your passion, and come alongside you as you pursue it. 

At Nexus, we exist to help you incorporate impact in your business model. Still not convinced? Social enterprises also enjoy benefits beyond the intrinsic value of doing good in the community. Socially-focused businesses tend to attract, retain and engage better employees. Customers often resonate with a socially-conscious business, more than simply a revenue-generating enterprise. 

DETERMINE A MODEL
Ready to make the leap into social enterprise? You’ll need to determine a model – how you will address a particular need – which doesn’t need to be typical. Here are a few ideas, but be sure to imagine other avenues of change! 

  • EMPLOY a marginalized demographic (women, minorities, homeless, disabled, previously incarcerated etc).
  • SUPPLY products or services to those who cannot afford them by using revenue from sales to people who can afford them.
  • GIVE a portion of revenues to an organization providing resources, training or solutions to social causes.

While there are varying interpretations of what is a true social enterprise, typically, the higher the dedication of time, energy, and resources towards impact, the further it moves from an impact-based business to a full blown social enterprise. 

Nexus exists to serve profit and nonprofit organizations who are (or want to explore becoming) an impact -based business or social enterprise by helping them launch, grow and most importantly, make impact.

GET CONNECTED!
nexus@nexusimpact.org

9511 Angola Court – Indianapolis, Indiana 46268 
317.207.0222

THE WHY:

Nexus was founded on Christian faith principles to make a positive difference in our world. All are welcome as we work together to create impact.

© 2019 Nexus Impact Center; a 501c3 non-profit.