Social Enterprise Structures
The first thing to point out with Social Enterprises, is that it is not a legal structure like a limited company or a charity. Instead, a wide range of business structures can become social enterprises, and it is much more about how business is done and how the profits are used. The most common structures are Community Interest Companies (CICs), which are a special type of company introduced in 2005 specifically for Social Enterprises and Companies Limited by Guarantee. If you wanted to fined out more about Social Enterprise structures, please check out our article here or get in touch.