Fast Facts: SMD Market Trends Q1-2020

An introduction to monthly key performance indicators for private clubs and summary of key trends in membership, cost-of-belonging, and high-level financial metrics based data captured through the Club Benchmarking Strategic Monthly Dashboard (SMD). The SMD was introduced in early 2019 as a free service for the industry which allows participating clubs to see their own trends relative to the local competitive market and to the industry overall.

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.

Complete the form on the right side of this page to register for the webinar.
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