Turning Extra Space into Operating Income

| May 2, 2016 | 0 Comments

Alex Kopicki

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Alex Kopicki

There is no rest for the association executive. They are charged with leading the organization, building and retaining membership, fundraising and creating ways to offer valuable member benefits. And all of this must be done within the constraint of tight budgets.

For the many associations getting by without a steadily growing income stream, the day-to-day financial realities of running the business can significantly detract from the organization’s mission. In fact, some associations have started looking for alternative ways to supplement their income streams so that funding issues don’t get in the way of their success. And they’re finding a solution in the burgeoning sharing economy business model.

To read the rest of this story in the digital edition of Association News, please click here.

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Category: Expert Advice

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