Friday, December 4, 2009
A Full Asset Reserve Study Report, for Private Clubs
A Reserve Study for a golf or country club consists of two parts, one: Physical Analysis (visual inspection by a golf course expert, architect, engineer, kitchen expert) that result in a comprehensive inventory of design / equipment elements and a prioritized schedule of future replacement costs; and two: The Financial Analysis that recommends a minimum and stable level of funding into a reserve account over the next 15 to 20 years, so your club has the money for capital projects when it is needed. The well executed Reserve Study becomes the basis of your long-range financial plan to provide continuity and dependability for maintaining a high quality course for years to come.
Existing Conditions Asset Reserve Study Private Country Club