Creating a Business That Helps Others
11 May 2022
It’s easy to get wrapped up in our own lives. At the end of the day, we exist in the world through ourselves, so we need to manage our lives in a way that suits and benefits us. You’ll have to work to provide yourself with a good quality of life, support your own loved ones, take care of your own health and wellbeing. The list goes on. But it’s important to take a moment to think of others every so often too. If you’re looking for a way to make some really significant positive change in the world, you can consider creating a business that helps others. This combines two goals, helping you to support yourself and helping others at the same time. Here are some suggestions that can help you with this venture!
A Societally Beneficial Business
The first way that you can help others through your business is to start a business that provides products or services that actively better others’ lives. An example could be starting a medical practice, taking Home Care 101 and providing home care services or anything else that directly helps vulnerable people who need help. Of course, these types of businesses do take some work, as they generally have strict regulations to follow and you’ll have to learn a lot in the process of setting them up. Ultimately, however, they can prove more than worth it.
Social Responsibility Clauses
You can add social responsibility clauses into your contracts with businesses you work with. This could include suppliers, manufacturers and so many other individuals your business collaborates with. These clauses will ensure that they’re following similar practices to you, such as responsible sourcing and supply chain management, or even environmental policies.
Of course, your business itself can follow a standard business model. You could sell products or services that are purely commercial and profitable. But this doesn’t mean that you can’t help others in the process. Think about it, some of the richest business people in the world have donated huge sums to charity and made great positive difference without their business directly supporting a good cause in the products or services it provides. You could help others in this way too, dedicating a certain percentage of profits (in total or from the sale of particular products) to a chosen charity. This could be one that is dear for you or one that your employees put forward and vote for.
Employee Charity Work
A new trend amongst businesses is allowing their employees a set number of days of paid leave to engage with charity work. This is a really simple way to do some good in the world. Of course, not all of your employees will engage with this sort of scheme. But many will jump at the opportunity to be able to help a beloved cause without having to lose money from their pay packet or use personal annual leave.
Hopefully, some of the suggestions outlined above can work with you and your business model. Each will make a great difference, so is more than worth consideration!