Frequently Asked Questions about Association Management Companies (AMCs)


	You've got questions about Association Management Companies? We'll give you frank answers.

	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. What is an Association Management Company? Why use an AMC for full-serivce association management? Why use an AMC for selected services (outsourcing)? How is an AMC different from hiring someone in our industry (a retired Board member, perhaps) to run our association 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've got an in-house staff now. If we switched to an AMC, what would we do with our offices, equipment, and staff? How do AMCs charge for their services?