Crunching the numbers from social sector organisations that have closed could help others to predict and prevent financial fragility. From salary spend to income type, financial benchmarking specialist MyCake suggests key questions to explore.
Putting employees’ wellbeing at the front and centre is essential to the survival of any social enterprise, writes Mental Health First Aid England CEO – and there are few simple ways to put that into action during lockdown.
About a fifth of Scotland’s social enterprises are so far using the UK’s furlough scheme, according to initial research, while lack of cash reserves among those applying for emergency grants suggests a financially fragile sector.
What's it like leading a social enterprise through a global pandemic? The boss of P3 – which took home the SE100 Resilience Award last year – on digging into cash reserves and adapting to constant change.
The Body Shop recently announced it would start using ‘open hiring’ – but it’s not the only company recruiting in a more inclusive way. Inspiration from social businesses in the US, New Zealand and the UK.
Having worked in senior roles for two very different companies in the last 15 years, we thought Andrew Croft, chief executive of CAN, would be able to offer a few pearls of wisdom about running a successful organisation. Turns out we were right.