Initiation Fees & Capital Dues... Every club has an ongoing need to fund the kind of projects that keep its facilities functional, relevant and attractive to both current and prospective members. Capital income is a necessity in today's challenging market, and yet the unpredictable flow of initiation fees, the most common source, means many clubs struggle to keep up. In this session, Club Benchmarking COO Russ Conde uses industry data to explore the subject of capital income with a focus on initiation fees and capital dues.
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Capital Investment ROE/ROI in Clubs
When every dollar counts, the ability to measure return on the club's capital investments is critical. The goal of capital projects is to attract and retain members. This video, recorded from a webinar hosted by the Club Managers Association of America, takes a closer look at the investment return cycle and explains how boards and managers can use data to determine which investments make sense.