Page 9 - INNO4CHANGE_WP3_M8_Guiding session_EN
P. 9
How can one nurture a successful social business?
Transparency and Ethical Practices: e.g., implementing clear labeling on product packaging
to inform customers about the ethical sourcing of materials and environmentally friendly
production processes.
Community Impact Assessment: e.g., assessing the impact of a local bookstore on the
community by measuring increased literacy rates and hosting events that promote cultural
engagement.
Collaboration with Nonprofits: e.g., partnering with a local environmental nonprofit to
organise a community cleanup event, showcasing the business's commitment to
environmental responsibility.