Church Budgeting: Here's a free how-to guide
Churches teach about and live on faith. Budgeting doesn’t reflect the absence of faith, but the presence of leadership.
This free seminar, Church Budgeting 101, is presented by Max Herr as a service to our clients.
Prudent churches usually use one of three time-tested models of budgeting to manage their finances:
Traditional Budgeting
Activity-based Budgeting
Zero-based Budgeting
Presenter Max Herr, CEO of Church & Ministry Compliance Consulting, served his church as treasurer for more than 10 years, during which time the church’s budget doubled. Reasonable budgets and clear financial reports were key elements of that growth and set the stage for the church to greatly expand its ministries to children and youth.
In this 75-minute webinar, Max explains each of the three models of budgeting. He also discusses the need for a foundational chart of accounts, the pros and cons of each budgeting model, and the correct steps to take when creating an annual budget.