Top Budget Questions to Prepare your Association for 2017

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With year-end and the holiday season approaching, like most organizations you’re probably beginning to prepare the budget. A budget should be a financial description of your association, the priorities at-hand, and demonstrate your sustainability. Asking the right questions as you prepare for 2017, will help to safeguard your association’s budget from maintaining the status quo. Has your organization considered the following?

  1. Who has authority to make budget decisions?
  2. How much uncertainty can be included in the budget?
  3. What will be your dues revenue including member renewals, new memberships, and changes in rates?
  4. How much non-dues revenue will come from other sources such as advertising …read more

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