What Are the Challenges Faced by Social Enterprises?
Despite their noble missions, social enterprises face several challenges: 1. Access to Capital: Securing funding can be difficult as traditional investors may be hesitant to invest in ventures prioritizing social impact over high financial returns. 2. Balancing Dual Objectives: Maintaining a balance between social missions and financial sustainability can be challenging. 3. Measuring Impact: Quantifying social impact is often more complex than measuring financial performance, making it difficult to demonstrate value to stakeholders.