Whitepapers

This is a summary of our findings from the 2021 Club Benchmarking Governance Survey. Conducted annually since 2017, the Governance Survey grew out of the exchange of ideas by a group of club presidents, treasurers and managers representing a dozen...

Merriam-Webster defines a best practice as “a procedure that has been shown by research and experience to produce optimal results and that is established or proposed as a standard suitable for widespread adoption.” 

The board of a private club is a...

Experienced club managers are well acquainted with the metrics on their club’s income statement, and equally familiar with how intensely boards focus on those metrics in their monthly meetings. That focus on the income statement fuels frustrating...

Misconceptions related to food and beverage profit or loss are the private club industry’s most dangerous and pervasive issue. Too many clubs find themselves stuck in the F&B Trap which we define as rigid adherence to the belief that a club should...

Guiding private clubs through the short-termand long-term financial impact of Coronavirus

Our World Has Changed and economic and social activity in North America has been forced into hibernation for at least the next 30 to 60 days. The shutdown that...

This white paper is the result of research into the structure and drivers of executive compensation in the club industry. In the process of developing a customized compensation benchmark for a specific group of clubs, a thorough review of GM and...

One of the most firmly held beliefs in the club industry is that executive compensation is directly related to the club’s geographic location. Historically, the general assumption has been that a General Manager in metropolitan New York, for...