Once a month, our panel of mentors answer your practical business questions. Send us your questions!
Dear BAM Mentor,
How and when do I go about my spiritual impact plan? Do I write this at the same time as my business plan? Any practical advice about writing an integrated plan?
~ Perplexed Planner
A business plan is intended to help you work through the key issues you will face in running your business and should include all of the factors that have critical importance. It should addresses the design of the product, distribution, manufacture, finance, marketing, purchasing, and capitalization. It should also address how all of these business functions fit in to the work God is doing.
The spiritual impact of the business is one of the key objectives for a BAM business and as such it ought to be integrated in planning right from the beginning. Much like marketing or distribution, you can’t possibly have all the answers when you start to plan, and likely you won’t have many of the right questions either, but as you flesh out your vision of the business you and your partners will see questions that need to be answered which drive you to find answers. And in finding those answers you will discover deeper questions. That’s the process that moves a good plan forward. Read more