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Community Owned Business This article by the American Independent Business Alliance explains the distinctions between community-owned and cooperative businesses and indexes many examples of community-owned enterprises in different business sectors. "Love a Local Business? Advise it to be careful about selling shares!" blog post by Katovich Law ...
An inclusive business model is a type of business model that seeks to create value for low-income communities by integrating them into a company's value chain on the demand side as clients and consumers, and/or on the supply side as producers, entrepreneurs or employees in a sustainable way.
For example, the provision of low-cost cell phones developed new market opportunities as well as new services for people living in poverty. Redefine productivity in the value chain to mitigate risks and boost productivity. For example, in reducing excess packing in product distribution reducing cost and environmental degradation.
Opportunity management (OM) has been defined as "a process to identify business and community development opportunities that could be implemented to sustain or improve the local economy". [1] Opportunity management is a collaborative approach for economic and business development. The process focuses on tangible outcomes. [2]
In this understanding, the community is considered both an input and an output in CED. [7] Core to some approaches is community economic analysis, [8] where factors affecting the community are analyzed to address economic needs and to pinpoint unfulfilled opportunities. Upon completion of the analysis the group decides what can and should be ...
The concept of a "third place" has been picked up by various small businesses, including as a name for various locally owned coffee shops, and is commonly cited in urban planning literature on the issue of community-oriented business development and public space.
Businesswoman and philanthropist Michele Kang just made a historic donation to women’s soccer. Kang, owner of the professional soccer team Washington Spirit, has pledged $30 million to the girls ...
[1] The objective of microfranchising is to promote economic development by developing sound business models that can be replicated by entrepreneurs at the base of the socio-economic pyramid (bottom of the pyramid), thereby providing self-employment opportunities to those who lack entrepreneurial skills. Key principles include replication ...
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