What exactly are social objectives and why is that important for Black entrepreneurs?
Social objectives are goals that businesses have toward their immediate local area to develop wonderful relationships as well as promote positivity in the communities and prosperity, all resulting in harmonious living for both the business and the individuals living there.
One of the most welcoming things to a community is when a business anchors what is needed there. It adds to the prosperity of that area in several ways:
- Creation of community employment and money circulation
- Sponsoring of Community Events
- Bringing Awareness to the Cares of the Community Through the Business Platform
- Networking to Help Build and Bring New Businesses to the Area
- Launching new ideas and ways of community outreach
Those are some examples of social objectives that every Black Entrepreneur should move toward in order to not only create a thriving business but a thriving area in the community.
Read more on building a thriving community by taking lessons on social objectives from African American founders of Black Wall Street, New Philadelphia, Sugarland and Allensworth.
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