Insights & Perspectives

Considered writing on the financial questions that matter.

Short essays on stewardship, governance, and the strategic finance decisions facing clubs, hospitality businesses, and growing companies.

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Your Club's F&B Subsidy Is a Member Benefit. Which Members?

Boards approve the F&B subsidy as one number for the whole club, but it's consumed one cover at a time — and your POS already knows which members are collecting it. The incidence analysis a finance committee should run before the next dues fight, and the three numbers that govern a subsidy properly.

November 20266 min read

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Capital Dues at Private Clubs: How They Work and How to Set Them

What capital dues are, how they differ from operating dues and assessments, how to calculate the right amount from the reserve study and capital plan, how to account for them, and how to explain them to members.

November 20264 min read

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