Improving Cash Flow for Churches: Supplemental Handout

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Information about Improving Cash Flow for Churches: Supplemental Handout

Published on February 27, 2014

Author: timsamuelcfo



Improving Cash Flow for Churches: Supplemental Handout

Money & Ministry 3 Steps to Improving Cash Flow Introduction—Who? What? 1. Evaluate current cash position & processes. (1) Organize Data (2) Acquire Knowledge (3) Communicate Info 2. Decide what cash will (and therefore, will not) be spent on. (1) Collect Info (2) Prioritize Proposals (3) Communicate Decisions (4) Commission Leaders 3. Create future opportunities (CFO). (1) Explore Options (Call vendors. Buy in bulk. Double check bills.) (2) Encourage Giving— – Information: Sharing & Sensitivity. – Inspiration: Stories. Say ―Thank You‖. Spirit-led Situations. Conclusion—So what? Now what? Tim Samuel, CFO @TimSamuelCFO Dave Michener, XP @DaveMichenerJrBridgeway Community Church Columbia, MD

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