Castle Pines, CO (January 13, 2011) – Golf Convergence released a national golf course labor study designed to assist facilities to better manage their personnel expenses. The survey results are available for FREE download at http://www.golfconvergence.com/info-store.
This survey presented the following insights regarding the typical golf course:
• Maintenance budget: $807,436
• Deferred capital investment: $264,677
• Hours required to maintain course: 17,732
• Municipal courses utilizing labor unions: 41%
• Common service allocations: $109,226
The survey also provided insights as to the proper staffing levels for full-time golf operations and maintenance staff as well as appropriate seasonal personnel requirements.
Golf Convergence also released the following management tools to further guide golf courses as they seek to increase their operational efficiency:
1) Deferred Capital Expenditures Template: click here. This Excel spreadsheet calculates the investment that should be in a sinking fund to ensure that proper course conditions are maintained.
2) Labor Hour Estimate Template: click here. This Excel spreadsheet details every task undertaken to maintain a golf course. By entering the weeks the course is open and the frequency various tasks are performed, an estimate of the annual hours required is determined.
These templates augment J. J. Keegan’s recently published book, The Business of Golf: What Are You Thinking? which is available at http://www.golfconvergence.com/textbook-on-the-business-of-golf. This textbook presents a clear path to guide golf course owners to create a successful vision, develop realistic tactical plans, and ensure precise operational execution. To learn more, click here. Enter code Survey25 at checkout to receive a 25% discount.
Those clubs that have applied these lessons have increased their EBITDA by at least 12% within 12 months.
In an industry that is struggling, who can afford to ignore the findings of this book and the formula for success that is presented?
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Contact:
Karen Moraghan
Hunter Public Relations
908/876-5100
kmoraghan@hunter-pr.com
