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CFTROU 0082: The Business on Church Business: Cash Flow is King
CFTROU 0082: The Business on Church Business: Cash Flow is King
Cash flow within the context requires careful consideration. When relying on the generosity and contributions of members, it may be difficult to make projections. When times are lean, cash flow can be inconsistent. In this episode, our Family Church Business Administrator and CFO, Scott Crawford joins the conversation as we define cash flow and cash flow management. Scott explains the important of having financial goals and not losing sight of key priorities. We also talk about operating expenditure, estimated weekly income, the involvement of the senior pastor, and the biggest obstacles to healthy cash flow.
Key Points:
For the church, we can think of cash flow as the amount of unrestricted cash available to us once all of our obligations have been accounted for.
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Cash flow is scalable. Every church has to manage their cash flow the same way – it’s scalable in every context.
Click To Tweet
Links Mentioned in Today’s Episode:
Dave Ramsey
Church Law & Tax
Church Finance
ECFA
Church and Nonprofit Tax and Financial Guide
Scott Crawford on Twitter
Leslee Bennett on Twitter
Jimmy on Twitter
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Hopefully, this episode has given you principles, strategies, and ideas that you can implement right now with the resources you have. If so, can you let others know?
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This will help us place the podcast in front of more pastors and ministry leaders. It also lets us learn from you. Thank you for taking the time to get the word out about Church for the Rest of Us.
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By Family Church Network
4.9
7878 ratings
CFTROU 0082: The Business on Church Business: Cash Flow is King
Cash flow within the context requires careful consideration. When relying on the generosity and contributions of members, it may be difficult to make projections. When times are lean, cash flow can be inconsistent. In this episode, our Family Church Business Administrator and CFO, Scott Crawford joins the conversation as we define cash flow and cash flow management. Scott explains the important of having financial goals and not losing sight of key priorities. We also talk about operating expenditure, estimated weekly income, the involvement of the senior pastor, and the biggest obstacles to healthy cash flow.
Key Points:
For the church, we can think of cash flow as the amount of unrestricted cash available to us once all of our obligations have been accounted for.
Click To Tweet
Cash flow is scalable. Every church has to manage their cash flow the same way – it’s scalable in every context.
Click To Tweet
Links Mentioned in Today’s Episode:
Dave Ramsey
Church Law & Tax
Church Finance
ECFA
Church and Nonprofit Tax and Financial Guide
Scott Crawford on Twitter
Leslee Bennett on Twitter
Jimmy on Twitter
Get podcast updates delivered to your inbox.
Subscribe for free and never miss out on an episode of Church for the Rest of Us.
Subscribe via
iTunes
Google Play
Stitcher
RSS
If you like us, rate us or leave a comment below.
Hopefully, this episode has given you principles, strategies, and ideas that you can implement right now with the resources you have. If so, can you let others know?
The best way to do that is to rate the podcast on iTunes or Stitcher and leave us a brief positive review!
This will help us place the podcast in front of more pastors and ministry leaders. It also lets us learn from you. Thank you for taking the time to get the word out about Church for the Rest of Us.
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