Club management ood bac 5161 part 1

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Transcript of Club management ood bac 5161 part 1

Club Management Club Management General OverviewGeneral Overview

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ScopeScope Objective of Clubs.Objective of Clubs. Types of clubs.Types of clubs. Country Clubs.Country Clubs. Why Join a Club? Club ManagementClub Management Revenue Sources for ClubsRevenue Sources for Clubs Equity Club StructureEquity Club Structure

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ClubsClubs

Places where only members gather for Places where only members gather for social, recreational, professional, or social, recreational, professional, or fraternal reasons.fraternal reasons.

Many of today’s clubs are adaptations of Many of today’s clubs are adaptations of their predecessors from England and their predecessors from England and Scotland.Scotland.

The Royal and Ancient Golf Club of St. The Royal and Ancient Golf Club of St. Andrews, Scotland is recognized as the Andrews, Scotland is recognized as the birthplace of golf.birthplace of golf.

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Objective of ClubsObjective of Clubs

Social Congregation.Social Congregation. Sports.Sports. Leisure and recreation.Leisure and recreation. Golf.Golf. Polo.Polo.

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Types of ClubsTypes of Clubs

City ClubsCity Clubs Athletic and SportsAthletic and Sports Dining and Social.Dining and Social. Professional Professional Social (Hunting, fishing, politics or Social (Hunting, fishing, politics or

charity work)charity work) UniversityUniversity

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Types of ClubsTypes of Clubs

Country ClubsCountry Clubs OthersOthers

Yacht Clubs.Yacht Clubs. Fraternal(Lodges, Temples, Legions, Fraternal(Lodges, Temples, Legions,

Masonic and Associations)Masonic and Associations) Military Clubs.Military Clubs.

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Country ClubsCountry Clubs

Recreational facilitiesRecreational facilities• Golf, tennis, swimmingGolf, tennis, swimming

One or more loungesOne or more lounges Banquet facilitiesBanquet facilities

• Formal & informal parties, dinners, dances & Formal & informal parties, dinners, dances & weddingsweddings

Monthly billingMonthly billing

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Why Join a Club?

Exclusive Atmosphere Statement of Social Position Recreational Facilities Competition Convenience Business Purposes

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Club OwnershipClub Ownership

Equity ClubsEquity Clubs Owned by the membersOwned by the members Governed by a Board of DirectorsGoverned by a Board of Directors

Typically non-profit tax exemptTypically non-profit tax exempt

Non-equity ClubsNon-equity Clubs Owned by individuals or corporations.Owned by individuals or corporations. Members have little sayMembers have little say

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Club ManagementClub Management

ForecastingForecasting PlanningPlanning BudgetingBudgeting Human Resource DevelopmentHuman Resource Development Food and Beverage Facility ManagementFood and Beverage Facility Management MaintenanceMaintenance

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Revenue Sources for ClubsRevenue Sources for Clubs

Membership duesMembership dues Initiation duesInitiation dues AssessmentsAssessments Sport activities feesSport activities fees Food and beverage salesFood and beverage sales

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Equity Club StructureEquity Club Structure

Board of DirectorsBoard of Directors Executive CommitteeExecutive Committee General ManagerGeneral Manager Club ProfessionalsClub Professionals Department ManagersDepartment Managers Line StaffLine Staff

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Questions

CommentsMonday, April 10, 2023 BAC-5161 OOD- Club Management Rajendra Nabar Slide 13 /12