Home
Based Business Association Management
Businesses, industries, and non-profit
organizations have associations. Many of the associations are
made up of volunteers who do not have the time to perform the
various tasks of the association. Craft associations and
non-profit organizations are also sometimes run by volunteers.
Some of these organizations do not have the funds to hire a
full-time person to administer the association. In some
instances, there is not enough work to justify a full-time
employee. They outsource the work. This can be an interesting
home based business.
As an association manager, you will take care
of administrative tasks such as bookkeeping, taking minutes at
meetings, collecting dues, distributing newsletters, and so on.
Most of these tasks are repetitive and do not take a lot of
time. You may be able to handle the work of more than one
association in your home based business. Be careful that you do
not take on more work than you can handle.
You must have excellent organization and
communication skills. You will have deadlines to meet for each
organization, meetings to schedule, information to distribute,
and so on. Management experience is an asset.
You should have a written contract with each
organization. The organization should provide you with a
contact person who should be responsible for giving you the
information you need to perform the tasks and to answer your
questions. You should also have a list of all the officers of
the organization and the dates by which tasks must be
completed.
In this home based business, there exist
learning opportunities on a number of subjects. You will have
the opportunity to attend seminars and meetings. You will also
have the opportunity to meet and interact with interesting
people.
You should carve a niche for yourself. Learn
about the particular organization you represent and use that
knowledge to solicit business from similar organizations as a
home based business opportunity.
You could also start your own association if
you have knowledge of a specific trade or industry. You could
possibly create a profitable home based business opportunity as
executive director. You would be responsible for the management
of your association.
What does it take for this
business?
For this home based business, you should have
excellent verbal, written, and oral communication skills as
well as organizational skills. You should have basic
administrative skills, word processing, e-mail, spreadsheet,
and so on.
What does it take to
operate this business?
You should set up a separate space for your
home based business office.
Your initial costs will be minimal, depending
on whether you have any of the equipment or supplies needed. If
the association has its own letterhead and stationery, you
should be able to use it for official correspondence. You will
have to purchase any other supplies, software, and equipment
you will need.
Basic equipment and supplies:
You can review resources for this home based
business here.
What services do I
provide?
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Creating, if not available, a database of members
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Collecting dues
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Billing
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Recordkeeping and accounting
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Promoting events
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Distributing newsletters
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Creating newsletters
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Taking minutes at meetings
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Organizing and attending seminars
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Organizing and participating in fundraisers
What are my potential
earnings?
$25,000 to $55,0000 annually
How much do I charge for my
services?
Monthly retainers are normal in this home based
business. The fees range from $2,000 to $5,000 monthly
depending on the size of the organization and the tasks you
perform. Clearly define your tasks in your contract. Additional
services performed, depending on what they are, should be
charged or can be used as an incentive to retain a
contract.
How do I bill for my
services?
You will present an itemized invoice of the
services you performed each month. You should clearly state
your payment terms in your contract: 1st of each month; 1st and
15th of the month, whatever is appropriate and agreed upon by
you and the association.
How do I market my
business?
Offline
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Contact and network with trade, professional,
industry, and non-profit organizations.
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Purchase ads in trade journals.
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Make personal contacts at trade conferences and
conventions.
Online
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Create an information Web site and list your home
based business services.
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List your Web site in online directories.
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Issue an online press release.
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Link your Web site to related sites that target
your market.
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Participate in discussion groups and forums related
to your target audience.
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Use banner ads on Web sites frequented by your
targeted market.
This home based business
requires organization and can be an interesting business.
Review resources for this home based business here.
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