But we also had a 90-day grace period, meaning the companies had up to 90 days past the due date to pay their dues. Which meant, of course, that we spent nearly six months out of the year chasing dues payments from current members (first dues notice went out in late October or November, last one went out in March).
It’s time for associations to get rid of the membership grace period. And here’s why:
The best reason to get rid of your grace period is that it makes knowing who is or is not a member so much easier. Either a member is paid through a certain date, or they are not. No more questions about whether or not they are in a grace period.
When is the last time you considered how long your membership grace period is, and why you have one? Chances are it’s a relic from the past that no longer serves any purpose. It’s time to get rid of it.
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