- Advice from the Young Entrepreneur Council on how a company culture can incorporate more philanthropic efforts
- Leveraging your businesses unique strengths to give back to your community
- Donating, volunteering, and internship opportunities among the possibilities
Even if a business has tight profit margins, it may be interested in finding ways to support philanthropic causes. Finding ways to give back is one way a company can support its community and improve its reputation with customers.
The Young Entrepreneur Council, a community of entrepreneurs under the age of 45, recently shared suggestions for how companies can incorporate philanthropy into its company culture or focus more on the community in its business operations. Businesses can achieve this goal not only by leading efforts to support certain causes, but also by making use of its employees’ knowledge and skill sets.
Ten YEC members share advice on how companies can take steps such as donating their services to nonprofits, finding areas where their companies services can address unmet needs, offering internships to community members, and recruiting team members for volunteer work.