Budgeting and forecasting require time. Finding someone within your organization with the ability to look at data and strategically plan for your ministry’s future profit and loss can be difficult. If you don’t have the time, resources, or understanding to tackle this job on your own, an outsourced bookkeeper can be an easy solution. Let’s debunk a few myths before you decide:
In recent years, we’ve found that church roadmaps are getting tougher to build and forecasts are becoming harder to predict. All businesses have been impacted by the pandemic, for example, but most of those businesses are not directly reliant on outside or loyal donations to continue thriving. Read on to discover the 4 steps to building your church’s financial plan, which include eliminating virtual bookkeeping myths and empowering you to prioritize your mission.
Though summer often doesn’t see the amount of giving that Christmas generates, there are many creative ways to get people to increase their church giving during this time of year.
Nonprofit organizations face similar risks as for-profit businesses. However, nonprofits must navigate around tight budgets while honoring their donors’ intentions. This article details 6 risks facing nonprofit organizations on a daily basis.
Considering the heightened risk of cybersecurity attacks, Nonprofits need to step up their game with cybersecurity, information security etc.
Tax season is upon us, but if you’re a tax-exempt organization, what does that mean for you? Read our article about all the relevant information you need for filing as a nonprofit:
If your business isn’t doing as well as you think it should— or if it’s not doing well at all— perhaps it's time for some serious assessment of your finances. Check out our article on how smart financial management can help you and your business turn the corner:
Nonprofits make similar mistakes over and over again when it comes to their accounting and bookkeeping. Check out our article on classic accounting mistakes, and why your nonprofit needs a professional.
What is a virtual accountant? How might they help your company? In our article about virtual accounting, we break down the typical issues businesses face and how virtual accountants can help:
As religious institutions, churches have unique needs when it comes to reporting their finances. Wondering whether to hire an in-house accountant or to outsource? Check out our article on the many considerations churches face