Webinar: Framework for Strategic Response to COVID-19

This overview of a Club Benchmarking whitepaper on the short-term and long-term financial impact of COVID-19 in the club industry addresses the road ahead in three clear time periods and presents a framework for responding strategically. The goal of this session is to help clubs take a data-driven approach to the current crisis and to evaluate weaknesses in their financial model that when corrected will strengthen the club's position in the face of future challenges.  

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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