A deep dive into Payroll to Total Operating Revenue, a key performance indicator in the club industry. In this session, we drill down into department level information to explain the significance of key payroll and labor ratios.
Tuesday, September 22nd, 2020
2:00 PM to 3:00 PM EASTERN
The most relentless and dangerous issue facing the club industry is the “F&B Trap,” which we define as rigid adherence to the belief that a club is healthier if it makes a profit in F&B than if it shows a deficit. Club Benchmarking data demonstrates the exact opposite to be true, and yet boardroom debates over food & beverage profitability continue. In this session, we will present an overview of a new whitepaper aimed at using data to break through the misconceptions and help clubs avoid or escape the "F&B Trap."
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