At StartCHURCH, we understand that part of the process of growing your ministry consists of having a business mindset to finance the gospel. Most churches and ministries solely depend on tithes, offerings, and donations. The hope of most pastors and ministry leaders rests in the possibility of adding new, financially strong members who can boost weekly giving. Unfortunately, that rarely happens. If you don’t want to solely rely on tithes and offerings, then a for-profit arm is your solution!
When it comes to establishing a for-profit arm for your church or ministry, the possibilities for revenue are endless! With a for-profit arm, your church or ministry can:
- Generate real income in the form of tax-free dividends
- Create job opportunities for members of the community
- Financially thrive without having to solely rely on tithes and offerings
We're here to bridge the gap between the call of God on your life and the steps required to help your ministry thrive. With the For-Profit Arm Service, you can provide a means for your ministry to generate tax-free income, so you won’t have to solely rely on tithes, offerings, or donations. We will work with you to help you obtain the following:
Incorporation*
The articles of incorporation provide a strong legal shield, ensuring limited legal liability, and protect you and those involved in your business.
FEIN
With a FEIN, you can open a separate bank account for your for-profit arm. It also provides identification for your organization for business, tax, and federal purposes.
Bylaws*
Bylaws outline the governing structure of your ministry-owned business. They also protect your vision, your business, and any possible staff.
Policies
Essential policies and procedures help establish how your business will be run and can also protect your board of directors and staff.
Stockholder agreement
This document limits the power of the for-profit business board of directors and passes it to your ministry, which is the chief shareholder.
Venture guide
A detailed guide on how to manage a business, including how to issue shares of stock, raise capital, and real examples of how a church-owned business can make the ministry money.
*StartCHURCH provides clerical assistance to help you process your own articles of incorporation and prepare your own bylaws. StartCHURCH does not provide legal advice.
Don’t let the process of starting a ministry-owned business hinder you from getting started. Get the confidence you need in three simple steps.
1. Give us a call
Call 770-638-3444 and ask to speak with one of our specialists. They will help you assess your needs and will give you a quote to match.
2. We’ll get to work
Our consultants will handle the heavy lifting for you. Your assigned consultant will work closely with you to create the documents you need to start your ministry-owned business.
3. Start your business
After collecting your completed documents from your consultant, you’re all set! You can begin your business ventures while knowing your ministry is protected.
Over 600 for-profits started!
Starting a business can be challenging if you don’t know where to begin. At StartCHURCH, we are committed to helping churches and ministries thrive. That’s why we are dedicated to helping churches and ministries establish ministry-owned businesses. By starting a ministry-owned business, you will see an increase in your ministry’s income and provide jobs for members of your community. We’ve helped over 600 churches and ministries establish businesses. Will yours be next?
Are you ready to get started?
Do you have any questions or concerns?
Whatever they may be, we are here for you. Call us today and one of our specialists will gladly assist you with your needs.
Fill out the form below and one of our church plant specialists will give you a call.