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An excellent example of a social enterprise is The Empowerment Plan —an organization that hires people currently living in homeless shelters to create a combination winter coat, sleeping bag, and over-the-shoulder bag, which is then distributed to the homeless of Detroit free of charge. Here in the U.S. B corp, or Benefit Corporation.
The United Kingdom began using a similar structure in 2005, called a Community Interest Company. Vermont became the first state to establish the L3C as a legal structure. His organization, Americans for Community Development, provides detailed information about L3Cs, and you can find out more about the organization on their website.
It applies to the production, distribution, marketing, sale and consumption of goods and services. For example, small businesses depend on reputation and trust among people in the community. By treating employees and customers well, businesses can gain the community’s support.
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The University of Vermont Extension has a whole lot more to say about hobby farming versus running a farm as a business. Even if you know nothing about formal market research practices, you can do your own research by getting out to learn more about your customers, distribution channels, and about how to start a farm. Other resources.
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