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Key resources needed to start a social
business
Funding: the main sources for funding are grants, loans, investors, or crowdfunding.
Funding is needed to support initial startup costs and ongoing operations.
Financial Management: effective financial management practices are essential to ensure the
sustainability and growth of the social business.
Supply Chain Management: establishment of a responsible and sustainable supply chain,
that ensures fair labour practices and environmentally friendly sourcing.
Legal Structure: the choice an appropriate legal structure for your social business, such as a
nonprofit organisation, based on social business mission and goals.
