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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 25, 20232023-09-25T13:46:53+00:00 2023-09-25T13:46:53+00:00In: Money & Business

does your business give back to the community and how?

I met someone who said your business as an entrepreneur should not be able to make profit but should also be able to give back to the society. Does your business give back to the society and how?

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4 Answers

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  1. Svishok
    Svishok Expert Mind
    2023-09-25T14:19:39+00:00Added an answer on September 25, 2023 at 2:19 pm

    Yes, our business actively gives back to the community through various initiatives. We support local charities, sponsor community events, and encourage our employees to volunteer their time and skills for charitable causes. Additionally, we have established a foundation that funds educational scholaRead more

    Yes, our business actively gives back to the community through various initiatives. We support local charities, sponsor community events, and encourage our employees to volunteer their time and skills for charitable causes. Additionally, we have established a foundation that funds educational scholarships and provides mentorship programs for underprivileged youth in our area. We believe that giving back is not just a responsibility but also a way to strengthen our community and foster goodwill.

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  2. De Mogul
    De Mogul Expert Mind A student
    2025-08-13T23:20:19+00:00Added an answer on August 13, 2025 at 11:20 pm

    A presently don't have a company but when I do they are a lot of ways that the host community will benefit a lot from. First of all I will make sure that I employ some of the members of the community who are mostly qualified for the vacancies I have in the company.   Also there will be some annRead more

    A presently don’t have a company but when I do they are a lot of ways that the host community will benefit a lot from.

    First of all I will make sure that I employ some of the members of the community who are mostly qualified for the vacancies I have in the company.

     

    Also there will be some annual program in which of the sharing some items to women in the community.

     

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  3. Augusta
    Augusta Enlightened Mentor
    2025-08-14T05:24:55+00:00Added an answer on August 14, 2025 at 5:24 am

    This is the right thing to do  businesses need to give back to the society through local events, sponsors community projects, and supports charitable causes, it shows that you care—and that you're committed to helping the community you serve. These initiatives not only attract new customers, they foRead more

    This is the right thing to do  businesses need to give back to the society through local events, sponsors community projects, and supports charitable causes, it shows that you care—and that you’re committed to helping the community you serve. These initiatives not only attract new customers, they foster trust, build loyalty, and enhance brand visibility.

    Many businesses connect with their community many ways. Either by giving back, creating jobs, helping to clean up the area, giving free items, getting the local community involved, getting their children involved, etc.

    Better still you Donate your products or services instead of money – If you’re looking for something tangible to give away while still benefiting others financially, consider donating items like food or clothes instead of cash directly.

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  4. Inem
    Inem Knowledge Seeker
    2025-08-15T08:30:06+00:00Added an answer on August 15, 2025 at 8:30 am

    My business has identified the need for Corporate Social Responsibility by giving back to the community. My business is not that big but I give free water every morning to residents of the community. It is a cost on the business because we have to pump the water at a cost. But we just do it as a wayRead more

    My business has identified the need for Corporate Social Responsibility by giving back to the community. My business is not that big but I give free water every morning to residents of the community. It is a cost on the business because we have to pump the water at a cost. But we just do it as a way of giving back to the community that we operate in. And we have benefitted very much from it.

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