Development of Social Business

Abstract

Social business is a procedure that connects an important gap between business and kindness. By making poor people owner of a business or enjoying the business by serving them with product or services without taking any personal profit is the concept of social business which stands on seven principles created by noble laureate Professor Dr. Muhammad Yunus. This study attempts to explore about Development of social business Development.Today the scarcity of medical treatment in a rural area due to lack of sufficient Government budget and rural health planning and implementation also lack a doctor and well equipped the hospital and the high cost of medicine. Social business created a new dimension and showed an innovative way to solve these social problems. This study will cover all detailed information social business, how it works, how it generates profit, business model and types of social business, social problems in Bangladesh, etc. At the same time this report will also cover how to develop a social business by solving the social problems.