Making diversity and inclusion a priority As a church or faith-based organization, you want to create an environment in which all employees, members, customers and other stakeholders feel valued. When you become a champion for diversity and inclusion, you can progress a long way toward that goal. But sometimes, it can be difficult to […]
Read More >Today, MMBB Financial Services announced the upcoming release of its new website, set to launch Thursday Jan. 14. “Starting tomorrow, you will be greeted by a new website experience, and with our refreshed look comes all sorts of exciting features to help you easily manage your finances and live your life with financial confidence. Our […]
Read More >Vanco, a leading provider of technology and payment solutions for the education, faith-based and nonprofit sectors, has acquired Smartcare, a growing provider of software for child care centers. Founded in 1998, Vanco helps more than 40,000 churches, faith-based groups, nonprofits, schools and educational organizations to simplify administrative processes, organize events and securely manage participant relationships. […]
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By Katie Albrecht A lot can be said about the year 2020, but universally, I don’t think any of us saw it coming. Just like any other time, though, life throws curveballs. This past year, it just so happened to be an enduring pandemic — but what happens when the next big “thing” occurs that […]
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By Molly Matthews The global pandemic has brought about immense change, and many have unfortunately felt negative effects. However, not everything that has come out of this is doom and gloom: some churches have seen positive impacts from pivoting their business strategies. Primarily, ministries were forced to turn to digital solutions to maintain connection with […]
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By Amy Manderscheid Before she started working for StartCHURCH, Angela worked in various accounting jobs. Now, she is one of our dedicated bookkeepers. One day, while reconciling accounts for one of the churches she works with, she noticed something off in the numbers. She quickly discovered the church was being charged $600 a month for […]
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The typical model most people envision when they think of leadership is what I call “convertible leadership,” or the top-down leadership model. The top-down leadership model focuses on the leader first, with the leader having power over others. In this model of leadership, the leader is viewed as having ascended to the top of the […]
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By Matthew F. Manion The impact of COVID-19 on parish collections this year could be devastating, but it doesn’t have to be. Churches still have time to pivot to a new model of being church before the economic impact is irreversible. But they need to act quickly. To assess the financial impact of COVID-19 on […]
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With preparation, persistence and wise collaboration, Bridgeway is saving $450,000+ in yearly interest — even amid a pandemic By RaeAnn Slaybaugh Heidi Coughran has spent most of her career in church operations. She says it’s “exactly my wheelhouse.” So, when the opportunity arose in 2015 to join the staff at her beloved home church — […]
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By James R. Cook, CFP®, RICP® Before you devise an investment strategy, define your goal. Are you saving for retirement, to purchase a home, to fund your child(ren)’s education or something else? In this article, we will focus on saving for retirement. Risk tolerance and risk capacity When investing for retirement, consider your risk tolerance […]
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