---
title: Condo Association and HOA Cash Flow Management
description: Best practices to running a condo association or HOA. How to collectio HOA fees and deal with deliquencies before it leads to foreclosure.
---

[Condo Q&A ](https://www.condoassociation.com/blog)

# [Condo Association and HOA Cash Flow Management](https://www.condoassociation.com/blog/tabid/19257/bid/1680/Condo-Association-and-HOA-Cash-Flow-Management.aspx)

 Written by [Roger Chase](https://www.condoassociation.com/blog/author/roger-chase) | Fri, Jan 30, 2009 @ 01:22 AM

Just because your condo association or HOA is a non-profit doesn’t mean you need to run it like one. Here are some general business principals learned from the corporate world to apply to your condo association or HOA.

**Condo Cash Flow Management  
**Burn rate is corporate slang for how fast you spend your money and it may be the single most important variable in business operations. If a company’s burn rate is faster than the revenues coming in – soon there won’t be a business. Any good CEO will take out a hatchet out of their desk drawer and start swinging at any extra fat they can find. Next will be non-fat items like jobs, capital assets and incoming services.

What is your condo association’s burn rate? If there’s not a healthy financial condo reserve – you need to get proactive early. Maybe there are some services your just don’t need every week or month? If there is one – add it up and see what you can save if you do it your self or just forgo the service for a couple months.

 

[View full post](https://www.condoassociation.com/blog/tabid/19257/bid/1680/Condo-Association-and-HOA-Cash-Flow-Management.aspx)

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