What are some ways clubs can operate at maximum efficiency and cut down on their expenses?

Cover_CDSPR15The 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.

Download Article