Do you know whether the net worth of your club growing, declining or standing still? Plotting the trend of your club's net worth over time is an easy way to answer the question for yourself.
Thursday, March 23rd, 2023
1:00 PM to 2:00 PM EASTERN
If you are struggling with the capital planning process, you are not alone. Club Benchmarking analysis of balance sheet data from more than 1,000 clubs indicates that 75% are not generating sufficient capital to meet their future needs. Those outcomes are most common in clubs that either lack a capital plan entirely or have significant weaknesses in their approach to that process.
In this session, Club Benchmarking Founder Ray Cronin will address common issues that undermine the effectiveness of capital planning efforts in the club industry and explain the core components of a comprehensive, sustainable plan recently introduced at the CMAA conference as COMPASS - Comprehensive Asset Management.
Complete the form on the right side of this page to register for the webinar.