Microlearning Module 7 - Financing for Social Enterprises
Topic outline
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Considering that Social Enterprises (SEs) strive to create a positive social impact while ensuring financial sustainability, obtaining sufficient and appropriate financial resources is more demanding for SEs than for traditional enterprises.
This Microlearning Module provides information on available financing options for SEs with focus on crowdfunding and presents overview of the three main financial statements and standard structure of a traditional business plan, as well as public procurement opportunities. This topic also facilitates understanding of social impact investors and how SEs can improve chances of securing investment.
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This unit provides an overview of the three main financial statements: income statement, balance sheet and statement of cash flows. It explains characteristics of good financial statements and steps for their creation. This lesson outlines importance of financial statements for internal and external users.
Having in mind that investors also use business plan of the Social Enterprise (SEs) as a tool for SE assessment, standard structure of a traditional business plan is presented, with focus on business plan for social impact investors.
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