February 28, 2020  
 
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Advice for Religious Entrepreneurs

 

Space Concerns for Religious Startups

Finding the right space for your religious startup is an essential, yet challenging task.

As you look around your community, you can probably identify dozens of empty spaces that would be perfect for your new religious organization.

So what's the problem?

Simply put: resources.

You're starting a religious organization from scratch. That means you have little if any capital to invest in meeting space. Investors aren't an option and no lending institution in their right mind is going to give a mortgage to a new organization with no track record.

Leasing is your best bet, but keep in mind that you will have to compete with for-profit business owners who have more capital (and usually more experience) in commercial leasing.

If your financial circumstances eliminate the possibility of leasing your own space, consider sharing space with another organization or renting a room at a community center or school to conduct weekly services.

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Want to learn more about this topic? If so, you will enjoy these articles:

Top Three Mistakes New Religious Organizations Make
Finding the Right Location for Your Religious Startup
Signage Tips for New Religious Organizations


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