Perhaps it has something to do with my previous career helping SMEs grow and develop, but I have to admit to being an strong advocate of the concept of profit-with-purpose businesses.
I am pleased therefore, that more and more people are considering this as option and motivation for setting up in business in the first place.
As this Third Sector piece articulates perhaps the debate is not so much whether such companies are intended to replace charities or other more formally structured social enterprises but simply one of many solutions now needed to tackle the scale of problems in society.
However good charities and social enterprises are, there is a big gap between the available solutions and the scale of problems in society Cliff Prior, chief executive, UnLtd "This is big population-level interest," he says. "It's been observed very widely, this idea of doing good and doing well. Some people say no, people shouldn't do this, they should be charities and social enterprises. We've said we need to get alongside these people who are committing to social purpose and social benefit, understand their motivations and their results, and make this wonderful initial commitment into a long-term commitment, ideally fully locked in. " If we can find another set of people and methods by which that gap can be closed, that's massively important."
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