By Michael Vogt, CGCSWhat Can Be Done
How interested are you in saving the vitality of your club? Do you think the present day economy will right itself and all things will return to 2004?
Even semi expert management of golf clubs during golf’s golden years kept members happy and sustained sufficient membership numbers to pay the bills. We all remember the day when members waited in line, cash in hand to become a chosen brother of the private club. 5,200 private clubs in the USA in 1990 compared to 4,700 clubs today, and it’s said that a full 20% might be heading for some type of financial difficulties in the days to come.
250 members, $950,000 annual operation / maintenance budget = $3,800.00 per member