Financial Ratio Analysis and Private Club Operations
WHITE PAPER |
Mission statements are often neglected when faced by demands from members, committees and other influential parties. The further a private club strays from its mission, the more difficult it becomes for it to assess its success.
This whitepaper considers several traditional financial ratios used by corporations and applies them to the private club environment. Learn how using ratios for key metrics like liquidity, solvency, activity or profitability – even in the not-for-profit world of private clubs – help your organization remain true to your mission statement and purpose.
Private clubs can leverage these measurement tools to identify strengths and weaknesses. Download this whitepaper for a better understanding of how financial ratio analysis can be employed by a private club to respond to these four questions:
- Are financial resources sufficient to support the mission of the club?
- What financial resources are available to support the mission of the club?
- How are existing financial resources being used to support the mission of the club?
- Are financial resources being applied efficiently and effectively to support the mission of the club?