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At 16:03 10 June 2008, brtlmj wrote:
Just out of curiosity, how does a club that operates that way allow for expansion? For example, if they get a dozen or so new members, they're going to want another glider, but they won't have any money to buy it. They will have additional monthly revenue which can be used to finance equipment. Yes, it will be more complicated than just having cash, but many potential members would never join if they had to pay a significant sum of money before they even start. But you said they're charging only $164 per year to join the club. Monthly revenue generally covers monthly operating costs. What sort of monthly revenue do they have? They must be charging some pretty steep rates for either equipment rental or tows. Jim Beckman (NJ) |
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