Financing successful social enterprises: CDCs and franchising: CDCs and their unique access to financing resources that could benefit the franchisor are well worth the effort.

Franchising WorldVol. 37 Nbr. 5, May 2005

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Summary


FINANCING THE FUTURE OF FRANCHISING - Community development corporations

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Extract


Financing successful social enterprises: CDCs and franchising: CDCs and their unique access to financing resources that could benefit the franchisor are well worth the effort.

With each passing day, the number of non-profit organizations increases in this country. Their growth in the last two decades has been nothing short of phenomenal. At the same time, the sources of capital to support these charitable efforts have grown at a steady, but slower pace. In many instances, these nonprofit organizations, new and old alike, are turning to "social enterprises" as a means of diversifying their streams of revenue and to lessen their dependence on some sources that have begun to prove less reliable in today's market.

Blurring of the Line

This notion of developing social enterprises or "social entrepreneuring" by non-profit entities...

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