Social Enterprise

Kick-Start Your Social Enterprise with PooranLaw

Have a great business idea, but not sure how to proceed? PooranLaw can help you become a powerful and dynamic agent for social change. We are uniquely placed to offer wrap-around services to help you take your business idea to market and setting you up for success. We will guide you through our tried and tested step-by step approach and offer the following services along the way.

What is a Social Enterprise?

A business that sells goods or provide services for the purpose of creating a blended return on investment. Profits are used to generate social impact, rather than maximize profits to shareholders. The social enterprise may be initiated by a sole proprietor, not- for-profit, charity or for profit entity.

What are the Main Benefits?

Diversified and additional revenue to fund more social support services and/or create employment opportunities for targeted communities (for example, people who have a disability).

Our Services

• • • Legal services:
      • • Identify the appropriate legal structure and governance framework based on your goals and current operating status
        • Support throughout the incorporation process
        • Set-up and maintain proper governing documents, service agreements
    • Business planning and modeling, social impact analysis and reporting  support
      • • Templates for budgeting, measuring success and social impact
        • Provide tools to measure social impact for internal and external users
        • Tips to facilitate the approval process with external funders and Boards if applicable
    • Accounting/Auditing
      • • Advise you on best practices, rules and your reporting obligations
        • Advice you on tax rules and formulate a plan to stay current with Canada Revenue Agency (CRA) policies
        • Support with financial reporting practices and current compliance with the CRA
    • Communications and Marketing 
      • • Templates for communications and marking strategies
        • Social media guidelines
        • Advice on creative tools

Contact us to find out more about how PooranLaw can assist with your social enterprise initiatives.

Learn more about establishing a social enterprise:

An introduction to social enterprise