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Guides

Social enterprise guide

By Justice Connect

1 May 2024

This guide from Justice Connect helps social enterprises understand their legal responsibilities. It covers choosing a legal structure, setting up governance, meeting compliance requirements, and managing day-to-day operations. The guide supports organisations at different stages of development to make informed legal decisions.

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Summary

This tailored guide developed by registered charity Justice Connect, helps social enterprises navigate legal and regulatory requirements throughout their lifecycle. It emphasises the importance of appropriate legal structures and governance models to support their mission and business model. This guide:

  • Explores distinct attributes of social enterprises and their core characteristics
  • Outlines startup considerations: planning, impact measurement, funding, and legal structures 
  • Explains legal structures: for-profit, not-for-profit, and hybrid models
  • Details setup processes: board formation, membership, governing documents, charity/tax registration
  • Addresses operational issues: insurance, employment, safety, record-keeping, IP, events, privacy
  • Covers ongoing governance and compliance requirements
  • Discusses managing changes and potential problems
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Social enterprise guide - Justice Connect | Understorey