Finance

The ability to adapt to different situations is not acquired easily, but having a stable financial basis can help. That is when a Special Fund for associations comes in handy.

Nicole Kaijser, AC Forum’s Education Officer, explores the transition from a membership-based model to a product-based model.

International Advisor to Global Association Hubs Martin Sirk explores how the aphorism "All models are wrong, but some are useful" coined by George E.P. Box applies to association business models.

In this article, Dianna Steinbach, Board Member and Programming Chair of ESAE, explores some new business models and ways that associations can become future-proof.

At the core of association sustainability lie their finances and the way they manage their cash flow. In that regard, the Netherlands have come up with a special Fund designed to reduce the risks they take when they organize events. Project leader Paul Gruijthuijsen and Eric Bakermans, Director Marketing Meetings and Conventions, Netherlands Board of Tourism & Conventions, tell Boardroom all about it.

For Boardroom, Oumar Counta, Director of the Tax Department at BC&A, a VAT consultancy firm specialized in managing and recovering VAT for association events, tells you what you need to know about VAT when organizing a virtual event, no matter where you’re based.

Boardroom wanted to know more about the Pre-Financing & Guarantee Fund (VGF) which can be so helpful for associations planning an event in The Netherlands. Project leader Paul Gruijthuijsen was happy to answer.

A group of association experts have partnered up to launch a new solution designed to help associations grow post-pandemic by adopting a different model for quicker innovation and maximum impact.

Bob Mitchell, from D.C. based consulting firm, Mitchell Partnership Alliances, reflects on how sponsorships for virtual events posed some of the biggest challenges for many associations in 2020… and how to tackle them in the months to come.

In this second part of a special series where they share their challenges and insights in light of a surreal situation, the members of Boardroom Advisory Board reflect on their revenue streams.

By definition, associations earn most of their revenues from yearly membership fees and from services sold to […]

The Federation of European & international associations based in Belgium (FAIB) has just published the results of its salary benchmark survey.