About Management Companies

All About Management Companies

Association Management Companies are not new, but they are gaining in popularity as the number of associations grows. Even so, we frequently find that association officers, board members, and managers are unfamiliar with AMCs and how they function. Here are some of the most frequently asked questions about AMCs.

FAQs



What is an Association Management Company? Why use an AMC for full-service association management? Why use an AMC for selected services i.e. outsourcing? How is an AMC different from hiring someone in our industry (a retired Board member, perhaps) to run our Organization? How much can an association save by contracting with an AMC? How do AMCs allocate time between clients? How do you work with an AMC? We already have an in-house staff. If we switched to an AMC, what happens to our offices, equipment and staff? How do AMCs charge for their services?