What types of resources can a social enterprise manage? A lot depends on how well the social entrepreneur knows the ecosystem in which they manage their social enterprises and how many potential partners they have.

In addition to the physical and human resources needed to operate the organization, intellectual resources also play a significant role. The social ecosystem includes many opportunities and barriers.

There are ecosystem players whose operations influence the operation of social enterprises. This includes the government, which has a strong influence in financial matters.

Social entrepreneurs tend to have an openness to collaboration and cooperation with other organizations, as they believe that working together can more effectively achieve the set social goal.

The financial plan brings together the resources of social enterprises and the activities associated with managing them.

It is essential to clarify the mission and vision of the organization, i.e., what social challenge the social enterprise addresses, and the long-term impact it aims to achieve. After this, revenues are compared with costs. It is necessary to list the types of revenues and where they are realized by the social enterprise. Such items include revenues from the sale of products or services, donations, grant funds, or amounts received from investors or partner organizations.

Common items on the cost list include manufacturing costs, items related to technology and infrastructure, marketing expenses, direct costs, and operational costs.

After this, it is advisable to prepare a cash flow, which can help forecast how much revenue the social enterprise needs to generate to cover its costs or to be profitable.

For measuring social impact, it is worth considering specific key performance indicators (KPIs), such as how many jobs the organization has created or how many paying and beneficiary clients it has reached.

Learn more from Peer School Podcasts

---

---