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Competitive Analysis

Since every business has competitors, every business plan needs competitive analysis — also known as competitive intelligence. Direct competitors provide more or less similar products or services, such as coffee shops. Indirect or generic competitors provide different things, but customers will often choose between them. For example, nearby restaurants may offer different eating options, but …

Do Foundations Support Social Enterprise?

Well, yes and no. They all want their grantees to develop “sustainability” strategies, by which they mean they want you to continue into the future without their money. So if social enterprise will help an organization diversity its funding sources and rely less on philanthropic support, they’re all for it. They like reading about it …

Breakeven Analysis

One of the common challenges in business planning is that one often has a better handle on predicting expenses than revenues. It doesn’t mean you’re 100% sure about what your costs are going to be, but for many folks, when they start looking at sales, it’s a crap shoot. As a result, many business plans …

Do Unions Help (or Hinder) Social Enterprise?

As the social enterprise movement grows, enters new markets, and works with new employees, it’s discovering new partners … and new adversaries. One of those adversaries, according to some practitioners, can be unions. Unions of course exist to balance the excesses of power of management, and seek to protect the jobs and increase the wages …

Promise (and Problems) with Microcredit

Microcredit offers great promise in helping the world’s poor. The basic idea is that a small loan, say $100, can help someone in the developing world buy some goats or a sewing machine, and use that asset to earn a living, plus pay back the loan. The idea has proven so successful in Bangladesh and …

Connect with ~7500 SE fans

Just wanted to mention a listserv devoted exclusively to social enterprise. Its focus is learning more about how organizations can develop successful social enterprise strategies to generate earned income to pursue mission, build capacity and achieve greater sustainability. If you’re interested, you’re invited to join the 7500-subscriber npEnterprise Forum listserv, the official listserv partner of …

Social Enterprise Goes to Graduate School

In case you haven’t noticed, there’s been an explosion of colleges and universities offering social enterprise or variations of that theme at the graduate level. Many of these programs are tied to a business school, which can really help when you bring your great social change idea to the marketplace. And if you’re already mid-career …

Business Plan Competitions

One way to develop and test your plan is to submit it to a business plan competition. These competitions are mostly associated with business schools. Most offer winners consulting assistance and in many cases seed money. But here’s the catch: in most cases, only students can apply and competition can be stiff. But check out …

Last minute social enterprise gifts

There’s still time to pick up some holiday gifts that also help social enterprises. If there’s a restaurant or coffee shop in your town that’s a social enterprise (and the odds are there’s more than one), give them a call to see if you can purchase a gift certificate. Many of them will let you …

Ten Common Startup Mistakes

To err is human. To do the same thing repeatedly and expect different results is insanity. And to learn from the mistakes of others is a good way to improve your odds. Here are ten major mistakes, inspired by a recent Wall Street Journal article (link below): 1. Going it Alone. Forget the solo entrepreneur …