Why your company should be doing business with a Social Purpose Enterprise

Why your company should be doing business with a Social Purpose Enterprise

January 27th, 2020|Blog, News|

What is a Social Purpose Enterprise you ask? Great question. It is an Enterprise created by a not-for-profit charity that provides either a goods or service where the profits are then funneled back into the charity to help with their overall operating costs.
So why should you do business with a Social Purpose Enterprise? Because it makes good business sense. In today’s day and age where you can find numerous competitors among suppliers’ companies are seeking out those that have a true differentiating factor. A Social Purpose Enterprise operates for more than just solely turning a profit. They operate with a greater good in mind. Funding a not-for-profit charity which in turn gives back to those in need.
In helping those in need charities help promote thriving communities. Thriving communities help drive a healthy economy. Everyone wins – it’s a no brainer, right?
Yes, but in choosing a Social Purpose Enterprise you need to be careful in ensuring that the company you are doing business with is truly that. Many companies have social purposes through donating to charities but aren’t 100% a Social Purpose Enterprise. One could alike this to the term “green washing” when looking for environmentally friendly products. A product may say that it contains naturally derived ingredients but still contains harsh harmful chemicals. The same goes for Social purposes. You must do your homework to ensure that the company that you are aligning yourself with is doing more than just selling you on the idea that they are being charitable.
Out of The Box Packaging is a 100% Social Purpose Enterprise owned by Corbrook Awakening Abilities. Corbrook is a not-for-profit charity which provides services to those with developmental disabilities. Corbrook is funded by the Province of Ontario to support 165 but because of the additional revenues that come through Out of the Box they are able to support 600! Corbrook is committed to helping individuals reach personal goals, lead fulfilling lives and gain meaningful employment. You can rest assured that when acquiring services from Out of The Box Packaging not only are you benefiting from their expertise, competitive pricing and high-quality standards but you are also helping to make a difference.