What is meant by a social enterprise? What strategies do they apply and why? What are its characteristics? Social enterprise is defined as an entity which applies commercial strategies to maximize improvements in financial, social, and environmental well-being for the common good, rather than maximizing profits for shareholders and owners. The propositions of social entrepreneurs are driven by social objectives which will act to benefit society by increasing social value. Moreover, social enterprises attempt to address the basic needs of a community or solve a social problem by employing a market-driven approach, similar to that of a business. However, social enterprises differ from commercial ventures in terms of their intentions, methods, objectives, and allocation of profits. In contrast to traditional businesses, social enterprises reinvest their surplus profits in order to sustain their pursuit of positive social change; social entrepreneurs influence on positive social change is equally as important as any financial outcome. The motives of social enterprises appeal to the common good, whereas commercial ventures appeal to self-interest and profitable business models. Organizations which identify as social enterprises may be structured as nonprofit organizations, businesses, programs, or ventures. Such social organizations often bring in resources or monetary funds in order to sustain their pursuit of positive social change, however, surplus revenues are