At some point, every church is held back by its budget. Each year you have to make tough choices about which ministries to hold off on (or make cuts to), which updates, remodels, and purchases to postpone. Even if your church is full of mature Christians with a healthy understanding of stewardship and generosity, regular giving rarely covers everything you’ve envisioned for your church. But what if you could increase your church’s revenue without pressuring your congregation to give more? It might surprise you to learn that there are lots of ways churches today have created additional revenue streams. Not only does this free them up to fund more ministry, but it also models good stewardship to their congregations and creates unique ministry opportunities within the community. Here are four ways your church could start generating additional revenue—without asking people to give more. |
1. Rent your facilities If you own your facility, odds are there are several days of the week where most of that facility isn’t in use. Even with classes and ministry activities throughout the week, there are probably rooms that don’t get used or that are available for several hours during the day. So why not rent them out? Local schools, businesses, and ministries often need separate spaces for graduations, meetings, conferences, and other special events. Some businesses or freelancers may even be interested in using your facility as a coworking space on a more regular basis. You’ll need to work out logistics, like how people will access your facility, and you should develop a facility use policy that outlines rental fees and guidelines for using your space. Since you aren’t using this space during the week anyway, renting it out will help maximize your church’s investment in your facility, as well as bring in some bonus funds. 2. Use your skills Your church is full of people with unique, valuable knowledge and experience. You could use your team’s skills and expertise to facilitate courses, seminars, workshops, and other learning opportunities that people in the community would pay for. Maybe you could teach a class on financial wisdom, leadership, graphic design, music... Read More |