[4] Church leaders need to consider the impact of a recession on their goals. It’s the fourth quarter of the game; organizations must think through a recession’s financial outcome for their churches. Church leaders must be aware of their church and community’s financial outlook. Step Three: Project your budgetUsing the above data, church leaders can forecast potential changes in giving and prepare for the coming impact on the church. One thing is certain: church leaders should have a strong plan prepared so they can lead when a recession affects their community.

Source: New York Times February 02, 2024 01:19 UTC