How business models are changing
About This Collection
The pandemic has changed just about everything — including what makes a successful business model in the social impact world. Thankfully, there are organizations who are paving the way toward new and innovative business models — for social enterprises, charities, and everything in between. From employee ownership to deeply collaborative models, the collection below catches you up on some of Canada’s most innovative work in adapting organizational business models to the times we’re in.
Canada’s small businesses are closing. This organization is working to save them — by turning them into social purpose businesses.
It’s estimated that, even before COVID-19 struck, 700,000 small businesses in Canada were already at risk of closure in the next ten years, because they don’t have viable succession plans. And the pandemic made local business and community self-sufficiency even more urgent. Social acquisitions could be a big part of the solution.