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Type keywords like Social Business, Grameen Bank etc.

Should social business avoid making profit ?

Should social business avoid making profit ?

No, it does not avoid profit. The first aim of social business is to achieve the social objective in a financially sustainable way. It should not give up social objective to make profit beyond sustainability. Making profit without sacrificing social objective is welcome. Social businesses do not give dividends to the investors, all the profit is reinvested in the company for expansion and improving the quality of the product or service.