During a recent ECCU budgeting webinar for ministries with up to $2 million in revenues, we asked attendees which accounting package they used. Two thirds said QuickBooks.
It has been my experience that many QuickBooks users don’t fully utilize its functionality. If this is true of you, here are several tips that may prove helpful as you go through the budgeting process. [read more]
Budgeting is often seen as a necessary evil. It should never be. One big lesson from the Great Recession is that bad budgeting can lead your ministry to the brink of failure.
Conversely, the process of building a good budget is essential for ministry success. Without a good budget to guide the use of limited financial resources, too many “good” opportunities can distract you from your ministry’s mission.
Here are three key principles that can help you budget better: [read more]
A good budget can help your ministry plan for and stay focused on its highest priorities. Two new webinar recordings now available from ECCU present practical ideas to help you budget better.
Budgeting 101 is for ministries with annual revenues up to $2 million. It covers: [read more]
Our friend Paul Clark, executive pastor at Fairhaven Church in Ohio, blogged recently about what makes up a healthy church. One metric he lists in 13 Measures of a Healthy Church is, “Leaders are being developed and placed in ministry roles.” Another is, “Our budgetary needs are being met.”
That one’s timely since you can still sign up for ECCU’s Advanced Budgeting webinar. It’s an hour long. It’s free. It’s tomorrow, August 23, at 10:00 a.m. (PT). Check out the details here.
Have you identified ways to measure the health of your ministry?
If you’d like to do a better job of budgeting for your ministry, there’s still time to register for the budgeting webinars being offered by ECCU. Here are the details: [read more]