A desire to create a business that is commercially viable while also being socially responsible is an issue that many business owners around the world face. One way that businesses have achieved a balance between commercial and social value is by building their businesses around the notion of donating their products to people in need – one product sold equals one product donated.The ‘buy one, give one’ business model has been implemented by businesses around the world, including New Zealand.
Meet ASB Business customer FRANK Stationery. Jason and Jess Holdaway started FRANK as a way to provide New Zealanders with a simple way to partner with children in need. FRANK sells beautifully designed stationery and school supplies, and for every item you buy they give away the same item to a Kiwi child in need. You buy one, they give one. It’s that simple.
“I love the concept of a business that uses its place in the market to directly impact people in need, while still growing and providing a great product. The buy one, give one model gives us the opportunity to combine our passion for business and people, while offering a sustainable solution to poverty in New Zealand” says Jason, founder of FRANK.
We’ve been able to help FRANK Stationery implement their socially and commercially viable ‘for-profit’ business model by offering a variety of business banking tools such as online banking, flexible business accounts, and more.
WIN FRANK!
We’re giving you the chance to win some of the beautiful items that FRANK Stationery have on offer. Simply visit frankstationery.com to see their full range and comment below with a link to a FRANK product that you’d like to win, and you’ll go in the draw to win it. Remember, for every item that we giveaway, FRANK will give the same product away to a Kiwi kid in need. It’s a win-win. *
Find out more about FRANK Stationery here.
*Competition Terms
- To be eligible for the prize draw you must be a New Zealand resident and have submitted a comment to this blog post by 10pm, Sunday 9 February 2014. The comment must include a link to a product from frankstationery.com
- All comments left on the blog post will go in to the draw to win the FRANK Stationery product mentioned in the comment.
- The prize draw will take place on Monday 10 February 2014. The judge’s decision is final and no correspondence will be entered into. ASB Bank Limited (ASB) reserves the right to remove any person from the prize draw for any reason including, but not limited to, where the conditions for entry of the competition have not been met.
- Prize winners will be notified on Tuesday 11 February 2014 by email at the address provided with entry. Failure to provide up to date contact details may result in the prize being redrawn.
- The prize is not transferable or redeemable for cash.
- One entry per person.
- All personal information collected by ASB is for the purpose of this competition and will be destroyed at the end of the competition. This information will be held by ASB, ASB North Wharf, 12 Jellicoe Street, Auckland and you have rights of access to and correction of it.
- By accepting the prize the prize winner agrees to participate in any publicity arrangements that ASB may reasonably require in relation to this competition.
- Employees of ASB and its related companies (as defined in the Companies Act 1993), their spouse (either married or de facto) and their dependents (children and/or parents living with them) are not eligible to participate in this prize draw.
- ASB reserves the right to vary, suspend or terminate the prize draw at any time.
- To the extent permitted by law, ASB, its employees and agents shall not be liable for any claims, damages, injuries, costs and expenses suffered, sustained or incurred (including but not limited to indirect or consequential) as a result of, arising out of, or in anyway connected with, this competition or its prizes.
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