The Club Benchmarking Financial Confidence Bootcamp is designed for GMs, AGMs, Controllers, or anyone aspiring to be a GM. Limit 30 total.
The balance of power in board and finance committee meetings can be challenging, especially if your board and finance committee members happen to be professional financial executives (CPAs, CFOs, CEOs, etc.). While those volunteer leaders understand finance, they do not understand the specifics of private club finance. This four-part series (three virtual sessions and one in-person workshop) is designed sequentially to build the knowledge, skills, and confidence you need to communicate, discuss and even debate club finance with anyone, including a Fortune 500 CFO.
Register for all three virtual sessions described below by completing the form on the right side of this page and save the dates on your calendar. We will send you a reminder with a login link before each of the three virtual sessions.
Virtual Session #1: Wednesday, October 4th, 2023 - 9:00-10:30 am
Fundamentals of the Private Club Financial Business Model
Essential financial concepts that are critical for every GM to be able to explain to board, committees, and members.
Virtual Session #2: Wednesday, October 11th - 9:00-10:30 am
The Income Statement (Operating Ledger) and KPI’s That Matter
After this session, attendees will understand the Income Statement (Operating Ledger) and Operating KPI’s and how they relate to their club’s operational focus.
Virtual Session #3: Wednesday, October 18th - 9:00-10:30 am
The Balance Sheet (Capital Ledger) and KPIs That Matter
The analysis of a club’s Capital Engine and Balance Sheet tells a story, highlighting strengths, weaknesses, and club culture through these metrics. Attendees will learn to read and interpret these statements and understand the KPI’s that matter.
Final Live Session at Skokie Country Club
Requires Separate Registration.
Visit www.greaterchicagocmaa.org, register through the
GCCMA Chapter mobile app, or email firstname.lastname@example.org
#4: Wednesday, October 25th - 10:00 am to 4:00 pm
IN-PERSON WORKSHOP for Management and Club Officers
With the private club financial code clearly defined, this session
will address the ins and outs of communicating that insight to your
board and finance committee, and explain how that education can
become part of your club culture and messaging to the membership.
We encourage you to bring your President, Treasurer, Finance Chair!