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How to Make Your AMS a Revenue Generator, not a Cost Center

MatrixG

Historically, associations view their AMS as merely a cost center: technology with a fancy price tag to track what the association and members are doing. The post How to Make Your AMS a Revenue Generator, not a Cost Center appeared first on Matrix Group International. This is a mistake. Request a Demo today !

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Skyrocketing Costs Squeeze Event Budgets

Velvet Chainsaw

Travel costs are rising due to strong demand (led by the leisure sector). According to a recent survey by The Exhibitor Advocate, exhibitors are seeing increased labor rates and material handling and shipping costs between 20-30% since 2017. As the cost of jet fuel and gasoline increases those costs are borne by the meeting organizer.

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What an AMS Actually Costs

GrowthZone

Indirect costs are costs that are not directly accountable to something (e.g., In a recent blog post, Wes Trochlil of Effective Database Management addressed direct costs vs. indirect costs regarding association management software. The direct costs are clear—the amount spent on the software itself.

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Costly concerns: Addressing long-term maintenance and repair

Ungrated

Many community associations conduct regular reserve studies or use other means of projecting the cost of long-term maintenance and repair. The post Costly concerns: Addressing long-term maintenance and repair appeared first on Ungated: Community Associations Institute Blog. The condo collapse in Surfside, Fla.,

Cost 102
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Financial impacts: What the costs of COVID-19 mean for community associations

Ungrated

Higher operating expenses and unanticipated costs due to the ongoing global crisis pose challenges to association budget projections, reserves planning, and maintenance requirements. While companies can’t expect to pass all of these costs to their clients, some percentage must be recovered to remain operational. Comment below.

Cost 108
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Strict Compliance vs. Substantial Compliance – Not Knowing the Difference Can Cost You!

Florida Condo & HOA Law Blog

The appellate court reversed the trial court’s award of the money judgment for the fines, including the association’s entitlement to legal fees and costs. The post Strict Compliance vs. Substantial Compliance – Not Knowing the Difference Can Cost You! first appeared on Florida Condo & HOA Law Blog.

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2016: An Association Blogging and Podcasting Odyssey

Spark Consulting

I’ve been blogging about association management since 2008 – and I was far from the first one into the pool. How do you cover the cost of content creation? (Do Do you cover the cost?). Arianna Rehak, Association Success (online community with blogging component). Eric Lanke, Eric Lanke blog.

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