The Association of Club Catering Professionals (ACCP) conducted a benchmarking study to establish club and catering department profiles, marketing and sales practices, menu and pricing strategies, and the financial performance of the club catering industry. Below are some of the statistics collected about club catering practices.
Q: What are best practices that both the club Audit/Finance Committee and club employees should follow to make sure internal controls are protecting against cyber attacks? A: It almost seems commonplace when reading or listening to the news that some major corporation has fallen victim
Gated community clubs are rebounding, reports a recent survey by the McMahon Group. Real estate sales are up in 81 percent of surveyed gated community clubs by an average of 12 percent from last year, indicating a stronger position for these clubs than in recent
Q: What are the most common issues addressed in the management letter following a club audit? How should management respond? A: Club operations have garnered increased attention from club boards during the recent economic downtown. Pressure to cut costs inevitably results in internal controls suffering—specifically
Q: What are some key best practices related to conducting accurate pricing comparisons on club supplies? A: It is important to know what to look for when you receive a price comparison. In many cases, comparisons pair the customer’s purchases with lower quality items. For example,
Q: What are some key best practices related to conducting accurate pricing comparisons on club supplies? A: It is important to know what to look for when you receive a price comparison. In many cases, comparisons pair the customer’s purchases with lower quality items. For example,
Q How can I prevent expense reimbursement fraud at my club? A Expense reimbursement is just one of many areas in a club environment where fraud can occur. Although no system is foolproof, sufficient controls can be put into place so that the opportunities to commit
Q What is total cost of ownership and how is it calculated? A When comparing product options to purchase, it is important to consider the item’s total cost of ownership (TCO). TCO takes into account the upfront cost of an asset plus the operational cost for
In October 2014, the United States Bankruptcy Court for the District of New Jersey handed down an opinion that involved a Chapter 11 reorganization of an individual who was a resigned member of a country club. Companies in bankruptcy may liquidate or reorganize, but individuals