UK charities are increasingly looking to become social enterprises as a solution to their funding problems due to cuts in local authority spending on services, with a significant rise in interest seen over the past year, a charity expert says.
“In the past twelve months we have seen a significant increase in interest from our partner charities about becoming a social enterprise, “ said Gillian Murray, chief executive of Pilotlight, a charity that brokers free business coaching for charities and social enterprises.
“With the cuts in local authority funding and changes in the way charities’ services are being commissioned it’s no surprise that charities are exploring the opportunities social enterprise can offer,” Murrray wrote on the Guardian website.
Pilotlight and Social Enterprise UK on Monday launched a free guide for charities that want to become a social enterprise.
The guide examines issues that charities should consider if they are thinking about becoming a social enterprise, including legal structures and cultural changes.
The guide also includes legal advice from law firm Bates, Wells & Braithwaite, which specialises in advising charities and social enterprises.
.inode/image/byInode/1/filter/Resize,Jpeg/jpeg_q/90/resize_w/187)
.inode/image/byInode/1/filter/Resize,Jpeg/jpeg_q/90/resize_w/187)
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.
comments powered by Disqus