Social businesses include co-operatives, social enterprises, mutuals and employee owned businesses. They make their money like other businesses by selling goods and services, but they plough their profits into a social or environmental cause – so society profits.
Social businesses which want to expand or take on more employees could be eligible for free support from Social Business Wales. SBW is a project which is funded by the European Regional Development Fund and Welsh Government and is delivered by the Wales Co-operative Centre. It is part of the Business Wales service.
Social Business Wales can help with a wide variety of challenges – from VAT advice to visioning, from business planning to board development and from sales strategy to stakeholder engagement!
The project is designed to assist social businesses which are looking to grow, whether that’s through increasing their turnover, diversifying into new products or services, attracting new customers or changing their structure.
We’ve been helping co-operatives and social enterprises for 35 years. Our expert team of Business Advisors are backed up by specialist consultants in areas including HR, law, finance and marketing.
Our team of advisors are experts in:
- Visioning & Growth Planning
- Stakeholder Engagement
- Legal Structure Advice & Incorporation
- Board Development
- Business Planning
- Financial Planning
- Workforce Development
- Sales Strategy & Marketing Planning
- Tax & VAT Advice
- Recruitment & HR
- Joint Bidding
- ICT Support
- Sector Specific Technical Advice
- Succession Planning
- Employee Ownership Structures
- Independent Business Valuations
Additional advice on areas such as intellectual property and international trade support will be provided through Business Wales.
We’re keen to hear from you, so please complete an enquiry form.
To find out more about Social Business Wales, visit businesswales.gov.wales/socialbusinesswales. You can also follow the project on Twitter (@socialbizwales) or on Facebook (facebook.com/socialbusinesswales).
Maybe you’re not thinking about business growth, but are planning to start a social business or just need some information about running an existing one? Visit Social Business Wales for online guidance, tools and advice (developed by the Wales Co-operative Centre and Welsh Government).
You can also get information, advice and guidance from Business Wales, telephone 03000 6 03000.