Crafting a strategic plan is a vital process to the financial success of a golf course. Illustrated below is an example of a timetable on which solutions can be identified and implemented started:
Phase/Week
1
2
3
4
5
6
7
8
Phase 1 - Project Plan Evaluation
Project Commencement
Kick Off Meeting
Data Collection
Initial Site Review
Phase 2 - Fieldwork
Task 1 – GLMA
Local Market Analysis
Weather Impact Analysis
Task 2 – Financial Analysis
Technology Integration
Financial Analysis, Lease Agreement
Key Metrics, Historical Financial Statement
Financial Modeling, Business Plan Review, Use Permits
Yield Management
Task 3 – Operational Review
Architectural Review
Facilities, Maintenance and Agronomics
Customer Loyalty Analysis
Customer Franchise Analysis
Golf Shop Operations
Merchandising and Food/Beverage
Phase 3 – Preliminary Findings
Task 1 – Formulation of Recommendations
Task 2 – Discussion of Operating Alternatives
Task 3 – Report and Findings
Phase 4 – Report Presentation
Task 1 – Report and Findings
Task 2 - Presentation to City Council, Board of Directors and Management