A new business is always a venture which works towards the goal of maximizing the profits. However the trend is changing nowadays where the businessmen are trying to bring about a balance between the profit maximization and their social responsibility. The social responsibility of a business or a company means trying to give back to the society such as helping various charities, creating new jobs and community revitalizing through these efforts. The local community is one of the important component which may decide the future of any business. If your business is affecting the community then you may not succeed in that business, where as if the community is getting a new lease of life due to your business, the business is bound to be successful.
Community revitalizing means creating new job opportunities, offering better work environment and contributing to the charities in the society. All these efforts bring a positive change and the community is stronger than before due to the contribution from the company or business. This boost or surge of energy is enough to start a process which will result in to growth of the community as a whole. Therefore the business should take their concept of social responsibility very seriously.