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SOCIAL BUSINESS PROTOTYPING AND TESTING

Testing helps identify and mitigate risks early in the development process, reducing the

likelihood of failure or costly mistakes. This iterative approach increases the efficiency

of resource allocation by allowing adjustments based on real-world feedback.

Prototyping encourages a culture of innovation and creativity within social businesses.

It provides a safe space to experiment with novel ideas, test assumptions, and learn

from failures, fostering a culture of continuous improvement and adaptability.

Stakeholders, including investors, customers, and the community, increasingly expect

social businesses to demonstrate tangible impact. Testing and prototyping provide the

evidence needed to meet these expectations, enhancing the credibility and legitimacy

of the social enterprise.