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Tip #9: Budgeting requires a careful review of history and an accurate prediction of the future.
Read as Billy Casper Golf’s Executive Vice President and Operations “Buff”, Joe Livingood, describes how Billy Casper Golf utilizes multiple data points, which provides a factually driven budgeting approach - removing “gut” and “feel” from the equation, to create successful Annual Budgets and Plans.
The days of budgeting a 3% increase in rounds, and multiplying by the expected Average Price per Round (“APR”) are long gone. Successful analysis takes into account market position, round counts, round types, booking channels, and yield optimization.
— Joe Livingood
Read on for more!
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