Are You Still Running Programs That Lose Money?

If you are, stop!

Those are resources you could be spending on programs that make money, and could potentially make more money.

For a previous blog post on How To Stay Ahead of the Competition go HERE.

While it can be tough to drop programs that have a sentimental value, it's time to move on to bigger and better things.

Technology has made us change the way we communicate with our members.

Have you done a complete review of your program of work since this new technology has hit your chamber?

There's nothing wrong with an annual review of your program of work.

You may even consciously decide to keep a program that is losing money. But, you've made that decision for a reason and it's defensible if anyone asks why the chamber continues to do it.

Never forget to run your chamber like a business. Because if you don't, you run the risk of being out of business.

Your members should expect nothing less from you and their chamber!

For a previous blog post on program based budgeting go HERE.