Inefficiently-run board meetings are time-wasters that can make even the most enthusiastic board member cringe at the thought of an upcoming session. By contrast, a well-run board meeting can be a productive hour or two that benefits t…
They don’t call it “the bottom line” for nothing. When all is said and done, pretty much everything in business (okay, pretty much everything, period) comes down to money. In most business situations, a chief executive officer or a compa…
Most individuals have a healthy sense of ethics, choosing to run their personal lives and business affairs aboveboard. Unfortunately, a few bad apples are inevitable. Co-op and condo board members and managers are in positions of autho…
Every board is different, with its own individual personalities meshing for one common cause: to run the co-op or condo in their charge efficiently and with integrity. Some board members come to their positions with years of experience…
For most boards, the fees charged by their management firms are just a fact of doing business. Aside from signing the initial contract, most board members probably do not give much thought to how those fees were initially determined, bey…
Is there anybody in this world who likes sitting through meetings? Too often they seem pointless, endless and directionless. But they’re part of co-op and condo life, an important part in fact, so if you’re a board member or property man…
There's a lot of paperwork that's involved in running a co-op or condo building - everything from financial records to legal documents, shareholder correspondence and management statements from board meetings - and it's important that the …