Rethinking refundable membership deposits

07/24/2013 | Golf Inc. magazine

Private clubs that offer refundable deposits are finding the initiative to attract members is becoming a large financial burden, according to this commentary. In order to alleviate the issue, it is recommended that clubs revise membership programs or consider filing for Chapter 11 bankruptcy in order to restructure and become more financially stable.

View Full Article in:

Golf Inc. magazine