Keep up to date with the latest news and financial advice for the Club and Hospitality industries
In this issue we have focused heavily on the importance of aligning your club with the wants, needs and values of your local community through the example of ‘Return and Earn’.
Our previous Club Chat touched on Strategic Planning, where it is imperative that clubs understand the key risks to not only your club but the risks occurring in the club industry as well.
One of your Club’s most valuable assets is staff. Employees provide the services that keep your customers coming back, however this comes at a price as employee wages represent one of your Club’s largest expenses.
In a previous edition, we indicated that food is paramount within clubs as it has become an increasingly popular aspect amongst members and guests. The question remains - are clubs achieving the best possible financial results from food?
Clubs are continually having to adapt to community and social changes to survive.
This can often be difficult as the hospitality industry lives in an ever changing environment.