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Financial Best Practices and Transparency

15. October 2012

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Financial Best Practices and Transparency

Protecting community finances key assets such as bank accounts and reserve accounts is one of the board’s top jobs. Your association’s financial soundness affects every member of the community through the ability to pay for services, maintain your property and overall unit values. This article will provide an overview of several financial best practices and the latest technologies that help communities follow them.

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Start Saving Now for Future Repair Expenses

8. February 2010

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Association boards who are in charge of running the property are left with a tough decision: “Do we fix the costly problems or wait until our term in office is over?”

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Bring in Advisors to Speed up Projects

4. February 2010

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After working with numerous associations, our firm has seen a pattern of behaviors and processes that can be improved so you can operate your property more efficiently. In this article I will discuss 1) the negatives and positives of using help, 2) projects you should strongly consider obtaining outside help and 3) sources of support.

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Improve your Community Faster – Focus on High-value Tasks

1. February 2010

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In this article I will discuss the differences between low-value and high-value tasks and provide examples of different value tasks as well as sources of support.

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Stop the Waste Associated with Reacting to Last Minute Emergencies

28. January 2010

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In my previous article I outlined how a board can get more done by rallying unit owner volunteers to help on projects by forming committees. However, if a board is constantly reacting to last minute emergencies, they will not have time to work on larger projects.

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