Social enterprises combine operational models to capture opportunities in both commercial markets and social sectors. Combining is a strategy to maximize social impact as well as diversify income by reaching new markets or creating new enterprises. In practice, most experienced social enterprises combine models--few social enterprise operational models exist in their pure form. Operational models are like building blocks that can be arranged to best achieve an organization’s financial and social objectives.
Social enterprise models are combined to:
- facilitate enterprise or social program growth;
- increase revenues by entering new markets or businesses;
- augment breath or depth of social impact by reaching more people in need or new target populations.