A business plan is more than just a financial plan. It is written guide that
It serves as an important communication tool to present key stakeholders, including potential funders, with a clear and compelling case for providing services. An effective business plan also describes the resources needed to accomplish the SBHC's goals.3
SBHCs should develop a "living" business plan that is re-visited regularly, identify who is responsible for carrying it out, and specify goals, objectives, action steps, and a timeline. Although the elements of sustainability plans can vary, SBHCs should anticipate their plan's evolution as their services mature. Leveraging lessons learned, successes, and challenges should lead to the incorporation of new approaches or ideas to sustain a service, a program, or a program's activities.