Module 3 – Designing Business Models for Social Impact
IN THIS LESSON
Social enterprises need financial models that allow them to sustain their activities while continuing to deliver on their social or environmental mission. There is no single revenue model that works for every venture.
In this lesson, you'll explore different approaches to generating revenue, from selling products and services to subscriptions, memberships, hybrid funding models, and cross-subsidisation. You'll also consider how the choice of revenue model can influence both the financial sustainability and social impact of a venture.
As you watch, consider:
Who could potentially pay for the product or service your venture provides?
Could combining different revenue or funding sources strengthen your business model?
How could you design your revenue model so that financial sustainability supports rather than undermines your social mission?