Risole Vision and Business Model
At Risole, social business/social enterprise is an undertaking:
- Whose primary objective is to achieve social impact along with generating profit for business owners and shareholders,
- Which uses its surpluses mainly to achieve these social goals,
- Which is managed by social entrepreneurs in an accountable, transparent and innovative way, in particular by involving workers, customers and stakeholders affected by its business activity.
The main objective of social businesses is to generate a significant impact on U.S society, the environment and the local community.
Social enterprises contribute to smart growth by responding with social innovation to needs that have not yet been met. For instance, many social enterprises take it for granted to encourage workers to learn and update their skills.
They also create sustainable growth by taking into account their environmental impact and by their long-term vision. For example, social enterprises often develop efficient ways to reduce emissions and waste or use natural resources.
In addition, social enterprises are at the heart of inclusive growth due to their emphasis on people and social cohesion: they create sustainable jobs for women, young people and the elderly.
In other words, their key aim is to effect social and economic transformation
The Social Business Initiative launched in 2017 identified three strands of action to make a real difference and improve the situation on the ground for social enterprises:
- Improve the access to finance
- Give more visibility to social enterprises
- Optimize the legal environment
Risole Business Social Initiative Vision
Enable Small business E-Commerce and Banking/Micro-Financing platform, programs, processes and tools connecting directly with our families, friends, individuals and businesses while managing risks of privacy, business security and regulatory requirements.
Risole Business Social Initiative is Governance program establishing industry frameworks, controls, ethical conduct, transparency and auditable process and performance reporting
Risole Business Social Initiative Benefits in Risole Governance:
- Design, architect, build and enable foundation for E-Conomy and Banking/Micro-financing
- Directly connect with Small Businesses, women businesses, families, individuals while opening trade through global online E-Commerce stores.
- Integration with Amazon, Auction, Facebook shop and social media
- Enable trade and online stores based products sales to Risole business connection on a per state and global level
- Consistency of processes, transaction cost/fee and payments.
- Encourage and enable ethical conduct, transparency, auditability and regulatory compliance
- Build through families and businesses participation, discussion, surveys and more
- Supported and driven by volunteers
- Continuous process, tools and communication improvements through lesson learned and feedback