Jump directly to the content

For-Profit vs. Church Financial Management

The head of the Evangelical Council for Financial Accountability shares the differences to help people transition from the business world into a nonprofit ministry.

Dan Busby serves as president of the Evangelical Council for Financial Accountability. Busby recently spoke with Church Finance Today on best practices for financial professionals who transition from the for-profit business world into a church setting.

What unrealistic expectations do for-profit financial/business folks bring into the church setting?

The most unrealistic expectation might be that there isn’t much different from the for-profit world and the church world. That's a significantly improper view when coming from the for-profit world to the church world.
That kind of view might increase the time to properly transition from the one culture to the other.

What else might catch people off guard?

Often there’s a transition in staffing when coming out of the business world. Businesses of significant size, in my experience, are often adequately staffed, but the staffing in ...

Join now to access this member-only content

Become a Member

Already a member? for full access.

Related Topics:
  • December 6, 2016

Related ResourcesVisit Store

2020 Financial Bundle
2020 Financial Bundle
Set the pace for your church's efficiency by solidifying your financial plan today. Effectively allocate church funds and set budgets.
Church Finance
Church Finance
Learn about budgeting, financial reporting, tax compliance, insurance coverage, and more.