{"id":1212,"date":"2023-02-07T18:10:32","date_gmt":"2023-02-07T18:10:32","guid":{"rendered":"https:\/\/sbsfbd.net\/?page_id=1212"},"modified":"2023-02-24T18:33:35","modified_gmt":"2023-02-24T18:33:35","slug":"what-is-social-business","status":"publish","type":"page","link":"https:\/\/www.sbsf.com.bd\/?page_id=1212","title":{"rendered":"What is Social Business?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1212\" class=\"elementor elementor-1212\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6528cdc elementor-section-height-min-height elementor-section-full_width elementor-section-height-default elementor-section-items-middle\" data-id=\"6528cdc\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-83bc1d4\" data-id=\"83bc1d4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-818312c elementor-widget elementor-widget-heading\" data-id=\"818312c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">\nWhat is Social Business?<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0f1fced elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0f1fced\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-2d6a01b\" data-id=\"2d6a01b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-63ea9a8\" data-id=\"63ea9a8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9cf9e96 elementor-widget elementor-widget-image\" data-id=\"9cf9e96\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"704\" src=\"https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/Home-Page-Photo-2-1024x704.jpg\" class=\"attachment-large size-large wp-image-1392\" alt=\"\" srcset=\"https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/Home-Page-Photo-2-1024x704.jpg 1024w, https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/Home-Page-Photo-2-300x206.jpg 300w, https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/Home-Page-Photo-2-768x528.jpg 768w, https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/Home-Page-Photo-2.jpg 1300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-4f820fa\" data-id=\"4f820fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6960dc7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6960dc7\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c372724\" data-id=\"c372724\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-64ea350 elementor-widget elementor-widget-text-editor\" data-id=\"64ea350\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A company that works to further a social cause is known as a social business. The investors&#8217; investments are made solely to advance social welfare, not just for personal gain. However, the investor may receive his money back after a specific period and pay for all organization expenses. Sectors like healthcare, housing, nutrition, education, and financial services for the underprivileged continue to be the top priorities, even if the social business can be conducted anywhere. The amount of influence or good change a social business can take on the world as a whole, as opposed to profit-making companies, determines how successful it is.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4fa9bbb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4fa9bbb\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-2ae666f\" data-id=\"2ae666f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-4131d4a\" data-id=\"4131d4a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d3da39 elementor-widget elementor-widget-image\" data-id=\"6d3da39\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"850\" height=\"470\" src=\"https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/social-enterprise.png\" class=\"attachment-large size-large wp-image-1393\" alt=\"\" srcset=\"https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/social-enterprise.png 850w, https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/social-enterprise-300x166.png 300w, https:\/\/www.sbsf.com.bd\/wp-content\/uploads\/2023\/02\/social-enterprise-768x425.png 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-14bdc71\" data-id=\"14bdc71\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11330d0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11330d0\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-588d599\" data-id=\"588d599\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f10b59 elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"7f10b59\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Muhammad Yunus introduced the idea of social business, essentially presenting it as an alternative to capitalism. It was intended to alleviate the drawbacks and faults of capitalism, which ignores or fails to address other aspects of the business and only concentrates on making a profit. He developed a new framework where social businesses and for-profit ventures coexist. Additionally, social firms can still turn a profit.\u00a0<\/span><\/p><p><span style=\"color: #000000;\">However, they are not permitted to pay dividends or reinvest profits back into the company to expand operations and serve the greatest number of customers possible. The idea of social business stresses an action-based system where the impoverished participate in or progress as opposed to inventing ways to help the poor or a trickle-down economic system to help the poor. This was used by Professor Muhammad Yunus to form Grameen Bank and provide microcredit to the underprivileged without the need to pledge real estate or other assets as collating.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>What is Social Business? A company that works to further a social cause is known as a social business. The investors&#8217; investments are made solely to advance social welfare, not just for personal gain. However, the investor may receive his money back after a specific period and pay for all organization expenses. Sectors like healthcare, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-1212","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=\/wp\/v2\/pages\/1212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1212"}],"version-history":[{"count":10,"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=\/wp\/v2\/pages\/1212\/revisions"}],"predecessor-version":[{"id":1399,"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=\/wp\/v2\/pages\/1212\/revisions\/1399"}],"wp:attachment":[{"href":"https:\/\/www.sbsf.com.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}