b'to the type of business, and waited on God totensions arise, everyone views the same value set move. Eventually we learned of a smaller staffingwhile making decisions. agency that was struggling with the administra-tive portion of the business. We acquired themLegal implications and absorbed the business, which more thanY our social enterprise is fundamentally a doubled our available positions overnight.company under law. It is crucial to ensure In general, business-minded people are focusedthat you choose an appropriate structure on growth, profits, and valuation. Leaders of socialfor it. Key considerations when choosing the enterprises, however, carry the additional burden ofright legal structure include:sustaining a business model that can demonstrate value in the market they serve while remaining true CapitalHow does the enterprise plan to to their core values and mission. This means care- raise money? Consider the various options to fully choosing a business model and leadership thatguarantee that you choose the legal structure can carry on with the ministrys and enterprisesthat most suits you in terms of management vision during hard times. It is essential that whenstyle and culture. 24 WWW.CITYGATENETWORK.ORG JANUARY/FEBRUARY 2022'