Webinars

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Webinar: Proper Capital Planning is a Process, Not a Project

If you are a private club leader 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 future...

Webinar: Data-Driven Perspective on Food & Beverage

The topic of Food & Beverage in clubs is shrouded in misconception. As a result, clubs are prone to become stuck in 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...

Getting From Here to There: Planning & Budgeting in Times of Uncertainty

In this National Club Association Town Hall webinar, Frank Vain, President of McMahon Group, Inc. and Ray Cronin, Founder & Chief Innovator of Club Benchmarking discuss club budgeting and planning strategically during a crisis. Vain and Cronin are...

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...

NCA Coronavirus Update: What Clubs Need to Know

The National Club Association has been on the forefront of the COVID-19 pandemic, providing timely information through their Corona Virus Resource Center. This virtual town hall session on March 16th included the following subject matter experts: ...

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)....

Fast Facts: KPI Payroll & Labor Ratios

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.

Case Study 3: Net Worth

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.

Top Down Club Budgets

In the height of the budget season, many clubs focus their efforts entirely on the operating budget in a line-by-line approach without considering important big picture items like the capital budget and long-term planning. An alternative is to start...

Executive Dashboard Part 2: Capital Generation KPIs

The Club Benchmarking Executive Dashboard is quickly becoming the industry standard tool for clubs that want to use proven KPIs to assess, manage and predict financial and operational performance. In this webinar, we introduce the Capital Generation...