Capital Investment in Private Clubs: An In-Depth Review

Recorded On: 09/22/2016

One of the most studied financial topics in the business world relates to the measures and processes used to manage capital investments. Return on Investment (ROI), Internal Rate of Return (IRR) and Payback are a few examples of how businesses measure the productivity of capital invested. This webinar will be a deep dive into capital investment in the private club industry.

The following topics will be covered:

  • Determining how much capital should be invested
  • Addressing how the productivity of investments might be measured
  • Methods that can be used to determine which projects are likely to be productive, which are unlikely to be productive and which projects are necessary but may not provide a financial return
  • Examining the sources of capital funds, including an examination of debt as a source of funding

Capital investment is a critical issue that should be a key area of focus for club boards and managers. Analysis of industry data shows those clubs able to consistently invest reap the rewards of higher member counts, higher initiation fees and lower churn while those unable to or choosing not to invest see the pain of capital starvation. Attendees participating in this webinar will leave with a solid overview of the study of capital investing in clubs.

Ray P. Cronin

CEO & Co-Founder of Club Benchmarking

Ray Cronin is CEO of Club Benchmarking, the club industry’s only centralized data-sharing platform. Cronin has been leading high technology companies for more than 30 years and he specializes in building teams and navigating early startup phases. He's known in the club industry for his high-energy presentations and he has gained a reputation among club managers and controllers for being a top-rated speaker on board education. Cronin is vice president of Thorny Lea Golf Club in Brockton, Mass., and a member of the board of "So Can You," a nonprofit aimed at helping high school students achieve. He holds a BSEE from Worcester Polytechnic Institute and an MBA from Harvard Business School.

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