A commitment to sound financial management is a key component of financial sustainability, and this begins with creating a budget. A budget is the organization’s financial plan for the immediate future (typically one year). Preparing a budget helps not-for-profit organizations plan and allocate resources. A budget identifies any revenue shortfalls and provides lead time to […]
Association management companies, or AMCs, have been around for more than 100 years, but most Canadians don’t even know they exist. This is a shame because, according to the AMC Institute, “on average, AMC-managed associations experience more than three times the growth in net assets and 31 percent more growth in net revenue regardless of size than those that do not use AMCs” (AMC Institute, July 2015).
In today’s not-for-profit economy, it seems like everyone is faced with the same challenge: how to create a fantastic conference for your association’s members with the least cost. Our experience in planning not-for-profit conferences for our associations each year has enabled us to create the following list of tips and tricks. Call upon the expertise […]