managing costs on a budget golf course management workshop by james graham prusa james graham prusa
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Managing Costs on a Budget
Golf Course Management Workshop
by James Graham Prusa
James Graham Prusa
Managing Costs on a Budget
19. Managing Golf Course Costson a Budget -- MBO
James Graham Prusa
Admiral Yi Sun Shin 1545-1598
COST SAVING Demands Your Willingness to CHANGE by:
• Honest, critically-objective assessment of your current practices and strategies
• Study and understanding of emerging business trends (Adm. Nelson – Trafalgar; Adm. Togo – Tsushima)
• Innovation, modification and adaptation of new (or old) methods
• Willingness to take thoughtful risks to gain the victory
• You, like Yi Sun Shin, must take a stand and have a willingness to risk being criticized by the ‘group’
James Graham Prusa
MBO – What is It?
•Management By Objective (MBO) – Dr. Peter Drucker• Integrates with Kaizen
•Complete planning
•Operating and Personnel Objectives
•Continual Evaluation
•Includes Budgeting from a ‘Zero Base’
Managing Costs on a Budget -- MBO
James Graham Prusa
Budgeting
•Food & Beverage Cost Analysis
• F&B Management Experience Works for Costing, Managing and Controlling Fertilizers, Chemicals, Course Supplies
• I was able to do well at F&B cost control because I understood chemistry! I learned better fertilizer & chemical cost control by managing F&B!)
Managing Costs on a Budget
James Graham Prusa
Budgeting
•Golf Course Operating Ratios – Do you know how to analyze your financials? (130 golf courses in Japan)
• Comparative metrics limited info in Asia – for now (AGIF)
• Cost-per-hole• Cost-per-hectare• Cost-per-round• Cost-per-member / customer• Spend-per-customer v Cost-per-customer• Full-time-equivalent (FTE)
Managing Costs on a Budget
James Graham Prusa
Similarities of setting up F&B costing analysis and doing the same for fertilizers & chemicals. How to really know the true costs of fertilizers…•How do you know your COS for Bar? Menu?
•Calculations for fertilizers and chemicals are similar
• VERY FEW golf course superintendents can tell you what they are paying for actual, needed nutrient elements PER GRAM! Don’t know their pour costs!
• POWER ! Takes hard work, risk, determination
• DO IT! Help your Super and build team relationship
Managing Costs on a Budget
James Graham Prusa
Managing Costs on a Budget
Do you really need what is in all those bags? Likely not!
James Graham Prusa
Managing Costs on a Budget
Do you really need what is in all those bags? Likely not!
James Graham Prusa
Managing Costs on a Budget
Fertility Costs? Ask a good F&B manager for help !DRINK BRAND
NAME:VENDOR: INVENTORY
UNIT TYPE (BOTTLE/ LOT/ KEG/ CASE) ON
HAND:
INVENTORY COST
PER CASE/ KEG :
INVENTORY COST
PER CONTAIN
ER :
COST PER
OUNCE:
SERVING
PORTION SIZE
(OUNCE):
PRICE PER
SERVING:
NET PRICE LESS
TAX PER SERVING
:
COST PER SERVING $
:
COST OF SALES (COS)
% :
GROSS PROFIT
PER SERVING
$ :
CoronaRedding Dist. 12oz bottles $19.70 $0.82 $0.07 12.00 $2.60 $2.41 $0.82 34.00% $1.59
Pale Ale Redding Dist 12oz bottles $19.75 $0.83 $0.07 12.00 $2.60 $2.41 $0.83 34.42% $1.58
CoorsRedding Dist. 12oz can $13.45 $0.56 $0.05 12.00 $1.85 $1.72 $0.56 32.66% $1.16
Genuine Draft
Redding Dist. 12oz can $13.45 $0.56 $0.05 12.00 $1.85 $1.72 $0.56 32.66% $1.16
Pale AleRedding Dist. 15.5gal keg $96.00 $96.00 $0.05 10.00 $2.15 $1.99 $0.48 24.26% $1.51
Genuine Draft
Redding Dist. 7.5gal keg $44.50 $44.50 $0.02 10.00 $1.75 $1.62 $0.22 13.82% $1.40
Budwieser Foothill 7.5gal keg $32.50 $32.50 $0.02 10.00 $1.75 $1.62 $0.16 10.09% $1.46
Seagrams 7Southern W S
12/1L btl case $162.96 $13.58 $0.40 1.25 $2.25 $2.09 $0.50 23.90% $1.59
Lord Calvert Southern WS12/1L btl
case $100.56 $8.38 $0.25 1.25 $2.25 $2.09 $0.31 14.75% $1.78
V.O.Southern W S
12/1L btl case $162.96 $13.58 $0.40 1.25 $2.25 $2.09 $0.50 23.90% $1.59
Canadian Mist Youngs
12/1L btl case $80.04 $6.67 $0.20 1.25 $2.00 $1.86 $0.25 13.21% $1.61
James Graham Prusa
Managing Costs on a Budget
James Graham Prusa
Managing Costs on a Budget
James Graham Prusa
Managing Costs on a Budget
James Graham Prusa
Managing Costs on a Budget
Fertility Standards?
Nitrogen (N)
The most abused, misunderstood and most greatly needed nutrient element.
What are you paying for a gram of N? What are your N Pour Costs?
James Graham Prusa
Managing Costs on a Budget
Golf Course Management Workshop
by James Graham Prusa
James Graham Prusa
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