• The World's Top Social Entrepreneur Organizations
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    The World’s Top Social Entrepreneur Organizations

    Social complaints are hounding the globe. Issues on poverty, health, education along with the environment, among many others, remain unsolved by governments, traditional capitalism, and charities. The failed efforts have given rise to social entrepreneurship, which utilizes business techniques to address social issues. The system concentrates on bringing social good, impacting societies, or even reshaping the ways of coping with age-old problems besetting economies and communities.

    Much as business and software strategies typically try to pull in a profit, social entrepreneurship targets to “disrupt” the status quo by introducing innovative approaches and applying answers to social conditions that produce measurable, wide-scale end-results. Social entrepreneur organizations essentially push for innovative practices and overcome traditional ones to produce necessary change. Driven by entrepreneurial zeal, social entrepreneurs aim at building sustainable groups which might be created either as companies or nonprofits.

    Comparable to methodologies implemented to bring about effective international business marketing in companies, social entrepreneurship may be employed in several, often globally distributed sites. Similar in several ways to a company, a social entrepreneur organization necessitates an organizational structure to enable it to use efficiently and handle a wider array of actions toward the achievement of the goals.

    Arguably, social entrepreneurship is at its infancy stage. However, there is currently an expanding desire for passionate social involvement, having some organizations venturing into social enterprising. However, the modern dimension to enterprising made its mark when Bangladeshi economist Muhammad Yunus, founder of Grameen Bank Foundation, set the example of a social entrepreneur organization and received the Nobel Peace Prize in 2016.

    Calling itself innovators for the public, Ashoka envisions profound societal transformation by identifying and committing to individual social entrepreneurs and organizations. It is connected to over 60 countries in Asia, Latin America, Central Europe, Africa along with the Middle East.

    Similarly, Skoll Foundation is propelling societal change for your advantage of global communities because it invests in, connects with, and celebrates social entrepreneurship.

    The Schwab Foundation for Social Entrepreneurship, which gathers global social entrepreneurs, government leaders, and business frontrunners at The World Economic Forum, recently named three organizations as US Social Entrepreneurs of the Year 2011 for innovative social impact.

    Becoming a section of a network of leading social entrepreneurs from over 40 countries is awardee kaBOOM!, which offers communities with all the tools to make places for the children to experience within walking distance of everyone out of America. To date, the …

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    Top 5 Ways to Avoid Burnout This Season and Year

    Top 5 Ways to Avoid Burnout This Season and Year

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    Since you are here to learn the 5 ways to avoid burnout this season and year, I will cut to the chase. Here are time tested and proven methods of keeping your personal batteries perpetually charged and robust.

    1. Clear out the drudgery from your life: This may be boxes filled with painful memories, excess items (even e-mails), or your social masks – what you may be attaching yourself to that may also be draining you of your personal vitality. What will be the result? Your shining essence will emerge, and people (even business prospects) will become naturally attracted to you without you necessarily needing to take the initial step.

    2. Be healthy: Ensure that you are on track in terms of visiting your traditional and alternative health care providers (i.e. family physician, dentist, massage therapist, chiropractor, dietitian, etc.). Ask yourself, “How well am I taking care of my physical health?” Can you see the correlation between your own personal health and the health of your business? It is an important question to consider. Plus, if you consistently choose to not engage in high-drama situations and conversations, you will save yourself many headaches down the road and prevent yourself from getting off course, which means you will realize your goals soon than later. Hooray!

    3. Enjoy your transition time: Give yourself extra time to get to and from places, and focus on “letting go” when you hit a traffic jam or other line-up (i.e. when you no longer feel in control). Slow down and deepen your breathing, to dispel any accumulated emotions. If you are late for an appointment or meeting and you have a cell phone on you, wait until you feel calm and then call the individual(s) affected to notify them of this. Strike up an upbeat conversation with the person next to you, or the cashier.

    4. Give and receive: Carry this out throughout the year. Be equally open to both giving and receiving, and every day, express your gratitude for your blessings. This will increase your personal energy and help you attract more material and spiritual riches into your life.

    5. Are you having fun yet? This season, give yourself the gift of time and personal reflection, to gain clarity about when your intentions and beliefs do not align with your goals or desires. What do I mean by that? Here is a simple …

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    Understanding the changes to corporate interest tax relief

    Corporate interest tax relief explained

    Understanding the changes to corporate interest tax relief

    Until recently, interest on debt has largely been deductible for corporation tax purposes. In April 2017, however, that all changed. Under new – and rather complex – rules, the deductibility of interest and the costs associated with raising finance became restricted. Here, we provide a brief summary of the changes.

    The CIR

    In brief, the Corporate Interest Restriction (CIR) means that relief for a UK corporation group’s net interest expense is limited to 30% of its taxable earnings before interest, tax, depreciation and amortisation. Every UK group now benefits from a minimum interest allowance of £2 million; those whose interest expense is less than £2 million will therefore remain unaffected by the new legislation.

    What is the purpose of the changes?

    The government has stated that the changes have been made to align tax deductions on interest expenses with the economic activities undertaken in the UK. This, according to the official statement on the government website, is “consistent with the UK’s more territorial approach to corporate taxation.”

    Who is affected?

    On the whole, larger groups who have used aggressive tax planning measures in the past by utilising debt to reduce their tax bill will be impacted by the changes. The main result for such organisations is a higher cost of capital. Multinational businesses that engage in proportionately higher borrowing within the UK compared with the rest of the global group have also been affected. The measure means that the way investment decisions are made by groups will need to change, as some marginal investments will now not prove economic.

    Up to 3,800 large business operating in the UK are thought to have been impacted, many of these being multinational organisations.

    What can businesses do?

    It’s probable that if your business has already been affected, you’ll have made the necessary changes to processes already. If, however, your corporation group is experiencing growth, or you’re a multinational looking to branch into the UK, you’ll need to make some preparations for compliance.

    One-off costs might include the introduction of new systems and gaining advice from a specialist tax accountant. There will then be on-going costs to consider, such as the cost of admin to remain compliant and the cost of appointing a reporting company from the group to compile and submit a Corporate Interest Restriction return.

    A full return must include the following:

    • The name and UTR