Lesson 101 of the Church Budgeting basics series provided an overview of integrating the goals and focus of the upcoming fiscal year while remaining rooted in the church's mission and vision. This process allows the stakeholders to dream and strategize how best to accomplish the goals and …
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Top Three Warning Signs of a Poorly Constructed Church Budget
Owning, operating, and maintaining cars is a never-ending and expensive cycle. Purchasing a new vehicle to avoid repair costs is not a great plan because new cars are expensive and a horrible investment, losing up to 60% of their value within the first five years. Accepting and embracing repairs is …
4 Essential Metrics to Build a Church Budget
In the mid-1990s, I accepted the position of running IT support for a world-class golf manufacturer. I was managing people, budgets, systems, and customers for the first time in my career. It was a bit overwhelming, and I made mistakes along the way. During these formative years as a supervisor, I …
Top 5 Ways to Use a Church Budget Surplus
When it comes to managing God's money, churches need to demonstrate financial stewardship, which is Christianese for managing money in a way that honors God. Creating a church budget is the primary way to show the church is serious about how it's investing its financial resources to accomplish the …
Church Budget and Overtime Pay
When it comes to building church budgets, compensation is a recurring theme of confusion, interest, and opinion. Questions range from how much is too much for a church to invest in compensation to whether churches are exempt from local, state, and federal regulations to best practices to budgeting …
Hard Truths About Church Budget Reductions
Within a couple of years of starting my career as the Help Desk Supervisor at a major golf manufacturer, whispers of a layoff started making the rounds. This rumor surprised me because it appeared that the company was thriving. But, I soon sat in strategic meetings with upper management to determine …