business Archives - Church Executive


Business training for pastors is gaining ground

“A church isn’t a business. But, running one does require some business management techniques.”

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Meet Ken Whitten

Ken Whitten admits that his weakness can be that

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Five leadership resolutions for 2012

New Year’s resolutions are often self-centered; it’s understandable. Successful people often reflect on who they are. They try to be more self-aware. They desire to develop themselves. So, good leaders often make resolutions involving individual goals, desires and objectives. Many leaders have resolve — the determination to see a goal and achieve it. Too often these goals involve what individual leaders can do on their own. By the nature of their roles, however, leaders have people around them – teams, subordinates and followers – who are necessary components of success.

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Does your church have a farm team?

On several occasions I’ve had the privilege of being part of a great team whether it was sports or at work. As much as I desired to have those times go on forever, the reality is that just doesn’t happen.

I see the same each year in baseball. When they need to pull someone up to the majors, they call on the farm team. The whole purpose of the farm team is to provide training and experience for players. At any given time any successful player could possibly move up. This isn’t only for sports, as some business schools are referred to as farm clubs for the business world.

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Leading by listening

One of the lost arts in leadership is the simple art of listening. It has been said that we have two ears but only one mouth so we can hear twice as much as we say. Unfortunately, I was one of those individuals that had this insatiable need to fill in the silence in many meeting with my own words and my own thoughts.

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Construction audits of billings and payments can save money

With church facilities under construction, you want to ensure that your money is wisely spent, while at the same time being viewed by your contractor as a cooperative business partner. Fulfilling your financial oversight responsibilities while fostering smooth working relations is a diplomatic endeavor.

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Distance education presents new options to world changers

Wesley Seminary at Indiana Wesleyan University, Marion, IN, was formed last year from the former Indiana Wesleyan University — College of Graduate Studies in Ministry and has 250 students pursuing programs, including the Master’s Degree in Divinity. [ www.wesley.indwes.edu ] Like many graduate schools and seminaries, online education is a focal point for Wesley Seminary.

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Does the church bake sale threaten your tax-exempt status?

In this modern era, many churches are offering more and more services to its congregants to attract new members, retain established members and create revenue to operate the church or fund its programs. Common examples may include a bookstore or coffee bar. As a general rule, a church is not taxed on its income or revenues from an activity that is substantially related to the religious or charitable purposes of the organization.

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The altered landscape of giving has both good and bad news

People of faith are renowned for their charitable generosity. Amidst what economists are calling the “Great Recession,” giving to religion is the one subsector of charitable giving that grew in 2008. While charitable giving as a whole decreased from 2007 to 2008 by 2 percent (-5.7 percent when adjusted for inflation) and individual giving dropped 2.7 percent (-6.3 percent when adjusted for inflation) contributions to religion increased by 5.5 percent (+1.5 percent when adjusted for inflation).

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Annual reports are as much for the church as for business today

No doubt as investors or participants in an employer’s 401(k)or IRA retirement fund, many congregants are used to perusing financial statements that affect them. They may or may not understand the fine details, but many a financial advisor has remarked at how good people can be at getting to the bottom line.

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