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Temporary Member Leave

I have a member that has been with the club since conception
but until just recently he has encured some financial
hardship and has ask to stop his monthly contributions for
about 6 months. Up until this point all the members have
contributed equal financially so it made it easy for book
keeping.(split evenly between the members) I'm looking for
advice on how to handle the time this member is not
contributing. Thanks in advance for your help.

Matt
Try to sell his ownership to someone interrrested. Hoping that when this member will be ready financially he will pay the current value of his membership + any interest if necessary.

Tuesday Night Traders <tnt@bivio.com> wrote:

I have a member that has been with the club since conception
but until just recently he has encured some financial
hardship and has ask to stop his monthly contributions for
about 6 months. Up until this point all the members have
contributed equal financially so it made it easy for book
keeping.(split evenly between the members) I'm looking for
advice on how to handle the time this member is not
contributing. Thanks in advance for your help.

Matt


Do you Yahoo!?
Yahoo! Hotjobs: Enter the "Signing Bonus" Sweepstakes

Do you use Bivio to track your accounting? It calculates
all the share valuations for you so it doesn't matter if
you're all not even.

Tuesday Night Traders wrote:
>
> I have a member that has been with the club since conception
> but until just recently he has encured some financial
> hardship and has ask to stop his monthly contributions for
> about 6 months. Up until this point all the members have
> contributed equal financially so it made it easy for book
> keeping.(split evenly between the members) I'm looking for
> advice on how to handle the time this member is not
> contributing. Thanks in advance for your help.
>
> Matt
Wayne Myers wrote:
> Do you use Bivio to track your accounting? It calculates
> all the share valuations for you so it doesn't matter if
> you're all not even.
>
> Tuesday Night Traders wrote:
> >
> > I have a member that has been with the club since conception
> > but until just recently he has encured some financial
> > hardship and has ask to stop his monthly contributions for
> > about 6 months. Up until this point all the members have
> > contributed equal financially so it made it easy for book
> > keeping.(split evenly between the members) I'm looking for
> > advice on how to handle the time this member is not
> > contributing. Thanks in advance for your help.


Hello Matt, please go to our club web site, there you will
find our Leave Of Absence procedure(LOA)
This will give you and your members a look at how our club
handled this concern.
We have a public web page here on Bivio.
Cheaper Buy The Dozen is the club name.
My name is Ron Hoskin(rhoskin@bivio.com)
> >
> > Matt