by Rudy Carrasco
Landscaping. Coffee shops. Handyman services. Training kitchens. Snow removal. Housing for single mothers.
Across the United States, church and business leaders are responding to needs in their communities through social enterprise. Social enterprise addresses a basic unmet need or solve a social problem through a market-driven approach. Many social enterprises mix earned revenue with cash donations to cover their costs—but a growing number of organizations seek to operate profitable business as they pursue shalom.
Shalom—the just conditions in which “nothing is missing, nothing is broken”—is the vision of Grand Rapids, Mich. based Building Bridges Professional Services. Building Bridges started in 2007 to employ young adults facing barriers to employment. They provide landscaping, lawn care, property maintenance, snow removal, and more. Their vision of shalom includes the flourishing of young people who have aged out of the foster care system and have few people or resources to lean on as a safety net.
In 2017, Building Bridges began the process of converting from a nonprofit to an L3C for-profit structure. “To do social enterprise well,” says Nate Beene, CEO of Building Bridges, “you have to closely integrate your social purpose and financial health.”
With support from Partners Worldwide volunteers, Nate and his team began strengthening the business-side of their operations four years ago. “Our budget wasn’t best suited for our industry,” Beene says. “We worked on account codes, breaking down expenses, and allocating costs like vendor repairs and vehicle use.” Read more