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Kellen Question of the Week Series - a space for association leaders to engage, discuss, learn, and share. ⭐ Let's Talk: Cost-savings ❔ This week's question: We have heard there are cost-savings associated with working with an Association Management Company (AMC) as we don’t need to fully pay for overhead, benefits and salaries ourselves. How does that work? By sharing resources, reducing overhead costs, and handling comprehensive benefits packages, AMCs provide a financially savvy alternative to managing all operational aspects internally. 📌 Shared Resources: One of the significant cost-saving benefits of working with an AMC like Kellen is resource sharing. Instead of hiring a full-time staff for every function, associations can leverage our pool of experts across various disciplines—such as marketing, event planning, finance, advocacy, and membership management. This means you only pay for the services you need when you need them. 💲 Reduced Overhead Costs: Maintaining office space, utilities, and equipment can be a significant financial burden for any association. When you partner with an AMC, these overhead costs are minimized or even eliminated, as we absorb many of these expenses within our operational framework. 👫 Comprehensive Benefits Packages: Providing comprehensive benefits packages to employees can be expensive. By collaborating with an AMC, you don’t have to worry about that, as the employees that work with your association are Kellen employees. We handle benefits and all HR related functions. What are your thoughts? Share your experiences in the comments. We'd also love to hear from you directly: https://bit.ly/3LSsEQU #OneKellen #Associations #BoardLeadership #AssociationManagement #membership