Case Study 4: Golf Course Maintenance

Typical discussions about course maintenance budgets involve benchmarks such as cost per hole or cost per acre and a variety of specific characteristics ranging from type of grass to geographic location. To determine the impact of those various factors, we analyzed data from a wide range of clubs -- annual revenue from $1M to $40M, geographically diverse, 9 holes to 108 holes, every variation of grass type, seasonality, weather conditions and rainfall, In Club Benchmarking Case Study #4, we present the findings from that research and explain why conventional wisdom doesn't hold water when it comes to course maintenance spending.

Proper Capital Planning
is a Process, Not a Project

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.

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