4 Risks Condominium Boards are Exposed To-4523

4 Risks Condominium Boards are Exposed To

Dealing with a condo board can be hard. Being a part of a condo board and trying to please everyone involved can be even harder. There are always issues looming just over the horizon, some of them with potential to do serious damage to your condo and the wallets of the owners. We thought it would be best to bring some of those issues to light so you can spot any potential red flags before they become something worse. We […]

Fiscal Planning Best Practices for Condo Boards-4077

Fiscal Planning Best Practices for Condo Boards

Condominium Fiscal Planning Like any successful corporation, condo boards in the Alberta area need to perform extensive fiscal planning; it’s always better to plan than to react. If you employ best practices, this process will go easier and smoothly. So where to begin when planning best practices for condo boards? You should start by analyzing the previous year’s budget and what your current monthly statements reflect, do you have surplus or a deficit for this current month? The next step is […]