Consider these findings from the Association of Certified Fraud Examiners’ 2008 Report to the Nation on Occupational Fraud and Abuse: Small businesses (defined as those with fewer than 100 employees) suffered both a greater percentage of frauds and a higher median loss ($200,000) than their larger
“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.”
The dynamic of the American family has been changing for some time. As more club members want activities and amenities for the whole family, youth programming is one of the key areas on which clubs should focus more attention to remain relevant to members and
Evidence clearly shows that today’s workforce is becoming increasingly diverse as a result of demographic trends and changes in immigrant patterns. According to the U.S. Department of Labor, the ethnic minority portion of the workforce is projected to double from 18 percent to 37 percent
The following is an excerpt from one of the chapters of NCA’s publication, The Legal Reference Guide for Private Clubs. This handbook assists clubs with a wide array of legal challenges, ranging from operational matters and human resource issues to governance and membership policies. This comprehensive
Our industry continues to face one of the most challenging business environments experienced in decades. History predicts that improvement will come, in the cyclical manner that has been witnessed time and again. Clubs that endure will certainly be changed. The successful changes are still being
On major legal, political and social issues California often functions as the leading edge for the nation, testing new ideas and signaling trends. We believe that lessons learned recently in California in our ongoing fight against a substantial sales tax targeting golf (the Golf Tax)
Editor’s note: Ocean Reef Club is a for-profit, private club. As such, its income from nonmember activities is not limited in the same way that would be the case for a tax-exempt club. However, all private clubs should avoid promoting club membership to the general
A sudden and unexpected resignation of a key board member at a private club in Michigan recently revealed a missing component of the club’s bylaws: How to fill a board vacancy mid-term. Do your club bylaws address this issue? Does your club have a ready
While no one has a crystal ball and can see the future or the long-term impacts of this recession on the private club industry, one thing is certain. It makes sense to be prepared and plan ahead. That is why