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Hull
Stephens & Associates
5023 Holland Drive Swartz
Creek, MI 48473
810/635-4090 info@hsaa.com
Complete
Architectural
Services
Religious Commercial &
Custom Residential
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FEASIBILTY
STUDIES There are several
types of feasibility studies, depending on the need: - Demographics
(study of community-population, economics, and industry growth trends and projections)
- Local
church attendance growth patterns
- Local church financial status
- Printed
denominational requirements for attendance vs. space capacity - projecting growth
- Potential
mortgage capabilities
- Professional financial evaluation and potential
- In-depth denominational requirements for attendance vs. space capacity -
projecting growth and financial factors
- In-depth professional growth vs.
space and financial analysis
- Our general analysis of your growth patterns,
financial status, and printed denominational guidelines for recommended space
requirements.
Usually the
local church can provide the first four or five types of feasibility studies themselves.
Sometimes "demographics" are not needed if you are in a "stable"
community, where growth and conditions are predictable. There
are professional "church financial consultants" (feasibility study type
#6). We can provide the names of many of these. They can give guidance, professional
opinion, and a fundraising program. Some
denominations provide the services listed in #7 at little or no cost to their
member churches. This is usually very professionally done, and can be relied upon
for accuracy. The next type, #8,
is usually done by independent consultants who study various aspects of church
growth. Many times they are professional fundraisers, and they will require a
fee for their services. For the
feasibility studies that we normally do, we take the information you give us from
feasibility studies 1, 2, and 3; and if you do not have feasibility study 4 and
5, apply similar denominational requirements, and normal mortgage and church funding
principles, into a master plan that allows for construction that is "phased",
to fit with your growth needs and financial capabilities. This service is not
extra, but part of our "design costs". If
we are to provide feasibility studies 1-3, and 5, or any other of the services
listed, we would have to change accordingly. In
the past, we have conducted a seminar entitled, "Church Building and Planning
- Where Do I Start?", for the International Christian Education Association
Convention. It is two 1 1/2 hour sessions which explain all of these services.
We would charge $600.00 to put this on for you at your church, or $400.00 if held
in our office. You could invite other churches to join you, and share the cost. If
you have any questions about any information in this document please call us.
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