Small Businesses Are Meaningful Causes For Big BusinessIn the 1970s, when Jim Koch was studying for his JD/MBA at Harvard, he wrote an article for the Harvard Environmental Law Review about how businesses that recognize their social responsibility do better financially. No surprise that when his company, Boston Beer Company — maker of Sam Adams brew — became successful, he implemented a corporate social responsibility program. Damon Jacoby for AccionWhat may have surprised others but not me was that he chose small business rather than a nonprofit as the company’s cause. Thriving small businesses build communities, solve problems and provide jobs in neighborhoods, which is especially important in low to moderate areas. Clearly, African-American women recognize entrepreneurship as a way to financial security for themselves and a way to stimulate economic activity in their communities.

Source: Forbes March 12, 2018 15:11 UTC