|Reduce Your Overhead Costs|
Facility bills. Rent or lease payments. Public utilities fees like telephone service and Internet connectivity. Equipment maintenance. Copier and printer costs. Technology expenses. And the list goes on.
Overhead costs can put a small association or nonprofit under in this economy. To stay afloat, it's critical to develop a strategy for effective management of overhead costs. Where possible, ensure day-to-day expenses are part of a larger investment in organizational growth.
Operating within a framework of shared resources, association management companies provide cost-effective solutions to staffing, equipment, facilities and budget considerations. Overhead costs for professional services are shared across each AMC's clients, increasing association resources and capabilities, and strengthening each organization's return on investment.
At the end of the day, nonprofits can take saved money to the bank, reallocating dollars to fulfill strategic initiatives and further advance the association's mission.