Creating a Financial Plan for Your Church During the Outbreak

Let’s talk finance and having a plan. Creating a financial plan for your church during this season raises many questions for pastors. Church leaders need to embrace this critical step as they lead during uncertain times.

* Do best-case, expected-case, and worst-case scenario planning
* Use any current-year cash surpluses first
* Consider receiving funding from the CARES Act
* Cut every unneeded budget line item to zero
* Avoid dipping into a line of credit if at all possible
* Expect and plan for a recession after the pandemic ends
* Being a good steward and neighbor may mean keeping as many employed as possible

Resources mentioned in today's podcast:

* Church Future Indicator
* Leading Virtually Site-Wide Sale




Episode Sponsors
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Learn about this program and more by visiting sebts.edu. Where are you going? Southeastern will help you get there.




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