The latest data reveals positive trends for our clubs' financial results (September & December 2023, YTD 2024). Building on a strong 2023 with no closures, bar revenue has continued to show excellent growth.
We understand rising living costs and interest rates might impact spending. The good news: clubs are regaining market share from hotels by offering competitive drink and meal prices (based on our client feedback).
Want a deeper dive into your club's performance?
Contact Nick Nancarrow to discuss strategies to maximise revenue across all areas today.
Nick is a registered company auditor and strongly believes in the value of the audit function for clients and is strongly committed, both personally and with his audit team, in providing extensive feedback and advice in respect to key systems and controls. Strong controls improves governance and financial reporting throughout the organisation.
His broad experience in the club and hospitality industry and also not for profits, mining and manufacturing, coupled with his strong analytical skills have been invaluable when working with Boards and Management to implement risk management and business improvement strategies.
Cutcher's Investment Lens | 9-13 December 2024
Cutcher's Investment Lens | 2-6 December 2024
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