SEEE has produced a guide to help Social Enterprises start, grow and access the information need. You can browse the information below or download the complete guide as one PDF here
Starting your business – support available for all types of businesses
All businesses need the same type of support when starting out. Here are your go-to organisations for general business support, whatever legal structure you choose for your social enterprise:
Local Enterprise Partnerships (LEPS) provide impartial support for businesses to grow and realise its potential with free business support, it offers advice, training, networking and support. Additionally, they can offer access to grants, mentoring and help with efficiency savings.
Success in social enterprise:
In their booklet “Unlocking Enterprise”, Partners For Social Enterprise researched that successful social enterprises:
Developing your social enterprise – stages and support:
|Idea or opportunity||In-kind resources (time and facilities) Peer support and study visits|
|Market testing and governance||In-kind resources (time and facilities), small grants from local sources, donations from the community|
|Feasibility study and draft business plan||Unlimited Awards (small grant fund for social entrepreneurs) Stages 1 & 2 Peer support and informal/formal learning (e.g. Social Enterprise East of England (www.seee.co.uk)|
|Business planning and start-up support including legal considerations||Pro-bono expertise (e.g. Cranfield Trust, Business in the Community) Networking and business partnerships (social enterprise and private sector) Investment – loans (social lenders)|
|Start trading||Income from trading Business support and training|
|Business development||Earned income from contracts (public and private sector) Loans (social lenders) and other investments, including venture philanthropy Partnerships (private and social enterprise sectors e.g. housing associations) Business networks (including Chamber of Commerce, green business clubs etc)|
|Monitoring and evaluation||Social return on investment/ outcomes-focus – through information, training and/or commissioned studies|
|Growth / decline||Replication (social franchising or licensing?), scaling up through partnerships, consortia, mergers. Selling intellectual property rights. Business support|
Has your trading idea got legs?
Identifying ideas is the easy bit. The question is – are they right for you and your organisation? Here are 10 questions to answer (honestly!) about your idea.
Free Sources of Information:
Start your Social Enterprise
SEUK’s ‘Start your Social Enterprise‘ guide takes you through the start-up essentials from forming your social mission to funding, and everything between. A great new resource for budding entrepreneurs.
Social Enterprise Planning Toolkit
The British Council Social Enterprise Planning Toolkit is a practical ‘how to’ manual for those wishing to form a new social enterprise or expand an existing social enterprise.
Twine’s joined-up productivity tools simplify the data and workflow needs of your business. Twine’s tools are free to community businesses and other third sector organisations and included a useful Community Sector Business Overview tool.
Social Enterprise Business Planning Toolkit
Red Ochre produced this Guide with Business Link London to support the writing of a business plan
Is it a good idea? A guide for charities thinking about Social Enterprise:
A Guide from the Centre For Charity Effectiveness
Why Social Enterprise; A guide for charities
Charities can diversify their income streams by looking to social enterprise. SEUK’s Guide offers practical tips and advice on the issues to consider before trading. As charities face a tougher funding environment, this guide aims to help those trying to diversify their income by becoming a social enterprise.
National Council for Voluntary Organisation’s Sustainable Funding Project
A Website with a range of resources and good links for voluntary organisations and charities that would like to explore enterprise. Such as: market testing on a budget and generating income from buildings.
NCVO’s Good Guide to Trading takes you through the process of launching a successful trading initiative from start to finish. Guidance is presented in an easy-to-use format, with tools, case studies, signposts to other resources, key tips, and pitfalls to be aware of.
A step-by-step Guide to third sector trading published by WCVA
Making Local food Work
Trading for Success, a practical Guide to marketing and financial management for community run food enterprises. A useful marketing and financial management guide for all SME social enterprises and co-operatives
Co-operatives UK is a specialist support organisation and membership body for the co-op sector in the UK. Their specialist legal team is an excellent source of advice on legal structures for social enterprises (not just co-op models). They have sets of model rules that social enterprises can sign up to (charges vary) and can provide bespoke structures for more complex enterprises.
The Hive is a support programme for co-operatives delivered by Co‑operatives UK in partnership with The Co‑operative Bank. If you are looking to set-up a co‑operative, or you’re from an existing co‑operative with ambitions to grow, you could benefit from up to 12 days bespoke support, training and mentoring. Many resources available.
Formerly the Development Trusts Association, Locality specialises in working with asset based community and social enterprises, through the transfer of community assets into independent social enterprises run by members of the community. It is a membership organisation for these types of social enterprise.
Spring Impact (previously known as International Centre for Social Franchising)
An advice organisation to help charities and social enterprises to scale up, replicate and grow. Website includes a replication readiness and toolkit
Social Business Trust (SBT)
Unlocking Growth – The Insider’s Guide to Scaling your social enterprise or charity.
SBT’s mission is to support high growth potential social enterprises to scale-up their impact. We do that by investing professional support and cash grants from our leading corporate partners in a carefully selected portfolio of social enterprises – Working with social businesses with established social businesses with revenues of c.£1 million or more that have strong growth potential
Social Firms England
Social Firms England’s Website with a range of resources for social firms
Plunkett Foundation supports rural social enterprises, particularly co-operatives. They provide specialist support in transferring businesses such as village shops and pubs into community owned assets, often using community share issues to buy the assets.
More than a Pub: The Community Pub Business Support Programme. For those communities that want to take ownership of their local pub and run it for the benefit of the community. The More than a Pub programme provides business development support to enable the community ownership of pubs in both rural and urban communities across England.
Just Act launched by the Community Development Foundation in May 14 to help community groups get support, funding and advice. Lots of great resources found on their Website.
Start up Britain
StartUp Britain is the Government’s national campaign by entrepreneurs, for entrepreneurs. It offers inspiration, resources and guidance to help people start and grow their own business
Government has produced a seven-point business tool to help find the exact guidance documents relevant to your business, based on factors including size, activity, industry sector to get you ready for Brexit
Sources of support for social enterprise development
Bates Wells Braithwaite Get Legal Website includes lots of good information and support for those who wish to set up a social enterprise and also for existing social enterprises.
The Get Legal decision tool can start you on your journey to find the form that best fits your mission and vision. Following a short series of questions, the tool provides an indicator of an appropriate legal form and a few key aspects to help you make your decision.
SEUK’s Legal Guidance for Social Enterprises on Discretionary Business Rate Relief written by Bates Wells Braithwaite
CIC regulator website has a series of step by step guides, forms and on-line process also a list of registered Community Interest Companies
Charitable Incorporated Organisation was introduced in December 2012. A new form of charity that can enter into contracts and hold property. Its trustees will normally have limited or no liability for any of its debts. How to select a structure Guide available
Charity Commission have all sorts of readable guidance sheets, including information on charity trading
Simply Legal guide – all you need to know about legal forms and organisational types for co‑operatives and community owned enterprises.
LawWorks For pro bono [free] legal support, see www.lawworks.org.uk Small not for profit organisations are able to access free legal advice from The LawWorks Not-For-Profits Programme. The LawWorks can provide one off legal advice by matching up organisations with a volunteer lawyer.
TrustLaw is the Thomson Reuters Foundation’s global pro bono legal programme. They connect high-impact NGOs and social enterprises working to create social and environmental change with the best law firms and corporate legal teams to provide them with free legal assistance.
Funding / finance:
Funding Central: Asearchable funding databases (grants and loan finance) from the National Council for Voluntary Service
and www.trustfunding.org.uk/Default.aspx Your local Council for Voluntary Service or local authority funding adviser may well have one or more of these directories and might help you do a search.
NCVO website offers tips and guidance on bringing money into your charity or voluntary organisation – from individual giving and legacies, to bidding for grants and digital fundraising.
NCVO’s website includes section on how to get funding for a social enterprise
Sustainable funding: a Guide for trustees. This guide provides trustees with the information they require to feel confident about developing a ‘mixed economy of funding’ including generating income from training.
Guide to Finance for Women in business produced by Prowess (2012)
Community shares website has various guides on how to secure Community Shares for your organisation
Community Shares Step-by-Step is an online tool that enables you to work towards launching a community share offer
VCSE Strength Checker
The VCSE Strength Checker is a free diagnostic tool now available to help organisations develop and improve their resilience. It has been developed by Big Lottery Fund with the Cabinet Office. It will produce a personalised report highlighting an organisation’s key strengths and areas where they could be more effective.
Good Finance website is a must visit for anyone who want to know anything about social investment. Whether you are a bit clueless about what social investment is and what it can offer your organisation to someone who is ready to find a social investor the Good Finance website can help you.
Read 7 lessons of social investment. pulled together for those that have done it.
The Good Finance website has lots of useful information including a diagnostic tool and case studies of organisations who have already used social investment. It also has an investor directory and some great templates to help you with your business planning as well as resources to help you measure your impact.
If you feel that your board would benefit from some support to find out more about social investment GET INFORMED has free resources and mentors who can help
Social Investment Tax Relief was also mentioned and if you’d like to learn more about this, you’ll find a wealth of resources via GET SITR, which is an initiative to help more charities and social enterprises use the tax incentive.
A Simple Guide to Tax Relief for Charities and Social Enterprise
This Guide provides an overview of tax reliefs for investing into charities and social enterprises can be found on Big Society Capital’s website. (Published July 2018)
Some social lenders ….
Charity Bank: https://charitybank.org/
Responsible Finance https://responsiblefinance.org.uk/
Cooperative and Community Finance https://coopfinance.coop/
Foundation East www.foundationeast.org
The Social Investment Business https://www.sibgroup.org.uk/
Triodos Bank https://www.triodos.co.uk/
Unity Trust Bank www.unity.co.uk
Big Issue Invest https://bigissueinvest.com/
Big Society Capital
Big Society Capital improves the lives of people in the UK by connecting social investment to charities and social enterprises. They engage with investors, fund managers, charities and social enterprises to make it easier to use social investment. With their co-investors, they have made over £1bn of new capital available to organisations with a social mission, through investments into fund managers and social banks. They have a special focus on: providing homes for people in need; supporting communities to improve lives; and early action to prevent problems.
Social Enterprise East of England (regional) www.seee.co.uk
Essex Social Enterprise Network www.essexsocialenterprise.org.uk
Social Enterprise UK (national)www.socialenterprise.org.uk
Social Firms England http://www.socialfirmsengland.co.uk/
Inspiring Impact a place for on-line impact resources: http://inspiringimpact.org/
Inspiring Impact supports people who work and volunteer for charities, funders, and social enterprises across the UK. They provide free online resources, peer learning networks, and grant funding, so you can plan, understand, and improve your impact
Social Account and Audit Network you can find their guide ‘Prove! Improve! Account! Thinking it Through’ plus many other useful resources and examples of other organisations social accounts www.socialauditnetwork.org.uk
Social Value UK – a wealth of information and guidance can be found on their website http://www.socialvalueuk.org/
Proving and improving for social enterprises –this website details information on the many tools and frameworks available for social impact measurement.
New Philanthropy Capital run a series of programmes, deliver training and produce publications to support the third sector and this includes the field of social impact.
New Economics Foundation (NEF) is very active in the area of social impact www.neweconomics.org
Social Investment Business (SIB) have recently developed resources covering social impact including some short to the point videos http://www.sibgroup.org.uk/resources/how-evidence-your-social-impact
NCVO’s Know How non-profit – various guides and resources https://knowhownonprofit.org/organisation/impact
Social Enterprise East of England – Consultancy and training in this area and expertise in Social Return on Investment www.seee.co.uk
Big Society Capital (BSC) has produced an outcomes framework and other resources on social impact http://www.bigsocietycapital.com/what-we-do/champion/impact-tools
Measuring the Social Impact of Community Investment: A Guide to using the Wellbeing Valuation Approach
Other support for social enterprises:
signpost2 grow – Peterborough and Cambridgeshire http://signpost2grow.co.uk/
The Hive Enterprise Centre part of the Enterprise 4 Good group http://www.enterprise4good.org/home.html
The Cranfield Trust are always looking for ‘projects’ for their MBA-qualified volunteer consultants to work on with charitable organisations. For details about this free management consultancy go to www.cranfieldtrust.org
Inspire2Enterprise a free to access service for social enterprises providing information, specialist advice and support from start-up through initial growth and beyond http://inspire2enterprise.org/
Expert Impact is supporting social entrepreneurs to scale, with introductions, mentoring and advice from experts. https://www.expertimpact.com/about-us
Cambridge Social Ventures supports a whole range of businesses that have positive social and environmental impacts https://www.jbs.cam.ac.uk/faculty-research/centres/social-innovation/cambridge-social-ventures/
School for Social Entrepreneurs Based in London, the School for Social Entrepreneurs runs programmes for individuals wanting to become social entrepreneurs, whether alone or as part of a social enterprise. There is a fellowship of people who have been on the programme to enable them to access peer support. https://www.the-sse.org/
UnLtd finds, funds and supports social entrepreneurs – enterprising people with solutions that change our society for the better. For social enterprises starting and those that are scaling up. https://www.unltd.org.uk/home-page/
Bean Bag Café CIC offer support to equip community groups to start and successfully run sustainable community-oriented coffee bars, coffee shops and cafés. www.beanbagcafe.co.uk
Riverside Community Big Local offering support to start up in South Essex and help with marketing http://www.riversidecommunity.org.uk/
Anglia Ruskin University
ARU operates the 3rd Sector Futures unit that promotes and supports social enterprises, including working with SEEE to run an annual conference for social enterprises. The university runs a fully accredited distance learning programme – Managing in a Third Sector Organisation to diploma or degree level and operates a bursary scheme to support students’ costs.
Councils for Voluntary Service
Some CVSs across the East offer support to new start social enterprises or voluntary organisations that are seeking to earn more income and develop social enterprise models. It is mostly the larger CVSs that are offering this support but it is worth building relationships with these agencies as they have a strong local presence and many of their resources are useful to social enterprises, such as legal structures and governance, relationships with public authorities and standard policies and practices suitable for value-led organisations.
Voluntary Sector Training (VST)
VST runs a range of training programme so for the VCSE sector in Essex
Hertfordshire Training and Development Consortium
HTDC runs a range of training programmes and workshop for the VCSE sector in Hertfordshire
Social Enterprise Accreditation:
Social Enterprise Mark
The Social Enterprise Mark was developed in consultation with social enterprises and other support bodies and enables social enterprises to acquire independent validation of their status as a social enterprise – that they earn a minimum of 50% of their income through trading and trade to deliver a social purpose. Has UK and international awards, fees vary according to the size of the applicant organisation and level of accreditation.
People like you:
If you want to learn from like-minded organisations (experts by experience) go to:
Real Tales of Earning at www.ncvo-vol.org.uk/advice-support/funding-finance/tools-resources/sustainable-funding-case-studies
The SEEE members listing can be found at www.seee.co.uk click on ‘meet our members’
Social Enterprise: How to successfully set up and grow a social enterprise, by Heidi Fisher
Inside social enterprise: Looking to the future, by Helen Fitzhugh and Nicky Stevenson
Social Enterprise: What it is and why it Matters, by Dr Martin Price
Maximising Income Generation: Quick tips for non-profits to achieve sustainability through trading, earned income, social enterprise and commercial ventures, by John Pepin et al, Directory of Social Change.
Your chance to change the world: The No-fibbing Guide to Social Entrepreneurship by Craig Dearden-Phillips,
How to be a social entrepreneur, make money & change the world, byRobert Ashton, Capstone Publishing Ltd
The Social Entrepreneur Revolution: Doing good by making money, making money by doing good by Martin Clark (and Director of SEEE): https://www.amazon.co.uk/Social-Entrepreneur-Revolution-Doing-making/dp/1905736428
Hot to step out: to inspire and guide you, Craig Deaden-Phillips has pulled together the personal stories and experiences of those individuals that lead mutual or social enterprise spin outs. A free copy of this guide is available at http://howtostepout.com