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AM4: Program has a Business Sustainability Plan
Have you ever wondered what a Business Sustainability Plan is? A Business Sustainability Plan is a written plan showing the various ways the program plans to sustain or grow its business. It could include the program’s plans, goals, steps, or strategies related to things like budget planning, cost reduction strategies, financial reporting, maintaining program services, marketing, and/or staff recruitment and retention.
This means that historical information, such as an organizational review, financial audit, or budget tracking document, would not meet the intent of the indicator. This is because they show what the program has done previously, not what their plan or intentions are to sustain or grow the business going forward.
If you have questions, please contact validation@ecic4kids.org.
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