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The Cost of Turning an Old Country Club to New
Sitting tight would be the wise thing to do, but if the infrastructure of a country club is costing more a month to repair than the monthly interest on a capital improvement note then maybe sitting tight is not the right answer.
Increasing revenue is the optimum option which would usually mean raising membership fees or bring in new members. The thinking that these two options are the only ways to raise revenue is where most governing boards and owners of country clubs begin to limit themselves.
Is Twitter Golf Friendly?
In all indications, there does seem to be more golfers coming online each day. As the economy drives them off the golf course and golf facilities, naturally their free time will be filled with more time online. However, this does not equate to more consumer buying. And it does not mean they will stay online once they get a taste of what places like Twitter, Facebook and the rest offer.