In the wake of the Great Recession, many people found themselves out of work and feeling a lack of purpose in their lives. This led to a surge in social entrepreneurship, as people sought to fill this void by creating businesses that sought to solve some of society’s most pressing problems.
Recently, there has been a renewed interest in vintage and antique home furnishings. This is partly due to the demise of cheap, mass-produced flat-pack furniture from design houses such as IKEA and Target. As consumers become more interested in quality over quantity, small businesses that deal in vintage and antique furnishings are seeing a boom …
It is more crucial than ever for businesses to concentrate on the positive social impact that they have during economic downturns. Massive wealth is passed down from one generation to the next during a recession. As the millennial generation assumes its due place as the largest consumers and earners in the United States, it is more critical than ever that our brands have cause and that our causes have the resources they need to grow to fulfill their needs potential.