The Deferred Dues Revenue Model Demystified
An exposé of the accounting practices related to deferred dues revenues membership models.
Live Presentations:
- Monday, July 29, 2019 – 2:00 pm EST
- Friday, August 2, 2019 – 2:00 pm EST
- Wednesday, December 11, 2019 – 2:00 pm EST
Presenters: Dan Ratner, The Next Steps, LLC
Description
In many cases, dues revenues make up the majority of the overall operating budget of an organization. A deferred dues revenue model can be confusing, complex, and even mysterious for those managing or leading membership-based organizations. The understanding between the membership professional and the accounting department within an organization must be aligned to properly project and predict growth and develop accurate and appropriate budgets. This Meminar™ will answer your questions about a deferred dues revenue model and look at how it works, how the timing of enrollments can impact budget targets, explain the difference between membership sales and dues revenues, and how renewals and the grace period influence your bottom line.
Who should attend
- Association Executives
- Membership professionals (those responsible for bringing in new members and keeping the ones you have. i.e., membership directors, membership managers, membership coordinators, and membership assistants.)
- Membership engagement and retention professionals
Takeaways
- A PDF copy of the presentation
- Recording of the live presentation
The Next Steps, LLC is a CAE Approved Provider. As a CAE Approved Provider educational program related to the CAE exam content outline, this program may be applied for one (1) credit toward your CAE application or renewal professional development requirements.
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* All Meminar™ offerings are subject to change.