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Importance of Monetisation
Impact of Effective Monetisation on Social Impact
Enables Scalability and Broader Reach: effective monetisation strategies provide the
necessary resources for scaling operations. This scalability allows social businesses to reach
a larger audience, thereby increasing the overall positive impact on the community or cause
they serve.
Enhances Organisational Resilience: a well-monetised social business is better equipped to
address challenges and uncertainties. Financial stability enhances organizational resilience,
allowing the business to adapt to changing circumstances while maintaining its
commitment to its social mission.