By Daniel T Condon
The single biggest expense at a club is payroll, consuming more than 50 percent of each operating income dollar spent. If a club cannot control its payroll and other related expenses, it will become extremely difficult to break even on the bottom line. In an effort to control these expenses, clubs should consider the following: Hours/Days of operation, Closing Down, Scheduling, Hand-Scan Systems, 401(k) Plans, Food and Beverage Operations, Real Estate Taxes, Insurance and Utilities.
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