Yes, a social business can be transformed into PMB if the owner wants it. Since there is no law governing the creation and termination of a social business, no procedure has to be followed. When laws will be passed there will clear guidance as to the protocol of registr...

Essentially they operate in the same manner. In all its operational practices they are exactly the same. However, a type II social business is either owned by the poor people who receive the dividends, or the profit of the company goes to a Trust which is created for pr...

It is a 'donation' to a social business fund, then the donor makes it clear that he does not want it back. But if it is an 'investment' into the fund , of course, the investor will get back the money....

When you donate a dollar to charity, it goes towards a social cause, but then the use of that dollar ends there. When you donate a dollar to a social business fund, it is invested to achieve a social cause and then the amount returns to the fund for......

Social business is based on the intrinsic desire of self-sacrifice that resides in all human being for the promotion of well-being of its own species, all living beings, and the planet. Given opportunity, most people who can afford it will choose to invest in social bus...

In order to qualify as a 'business' social businesses must be sustainable. There is no escape from this. Like other kind of business they may go through ups and downs, but it must prove its financial strength at the end....

Just like the PMBs social businesses will hire a team of managers and workers to run their businesses. But the mission of the team will be very different than the mission given to the team in the PMBs....

Managers and workers will earn market wages to function with incentives as in a PMB. Social business will endeavour to provide better job conditions and financial terms to workers on the lower end of the salary scale. Their working conditions will be watched carefully. ...

There is nothing wrong with earning a profit and taking dividends from a company's earnings. It is very important driving force of the economy. Growth of the economy is linked with profit making. By introducing the concept of social business we are not condemning PMBs, ...

A social business is like any other business. It will follow the same principles of competition, and bring more competition in the market. Consumers will be the beneficiaries. The more the number and varieties of businesses the more is the competition. Social business w...