Edgehill Software Applications
Examples
Over the years Edgehill has been asked to evaluate golf operations
for a variety of purposes. Our fundamental starting point is usually
with round counts. When we are managing courses on a day-to-day
basis, we also emphasize accurate round counts. Once we have accurate
round counts we can do a number of calculations and generate some
very useful management information.
Some of you will recognize this process as elementary, but many
golf course owners and/or managers do not have the time to do
many of these exercises on a regular basis. Our applications are
designed to make some of this analysis easier and faster.
GREENS FEE REVENUE ANALYSIS (Click on
Software samples to view sample report)
We have worked with three different software systems and the round
count data necessary for running this program is found on all
three (Fore Reservations, Fairway Systems and ProphetLine). If
you are using Fore Reservations, you would run an “Item Sales
by Product Category” report for the full year for each greens
fee Sales Account Number. Using that round count data, this application
will help you determine the following:
Calculates the impact of annual rate changes on revenue
Allows calculation of the impact of a promotional rate
Can project multiple variations of rate changes
Example 1: If you want to raise your 18 Hole Fees by $2 and 9
Hole Fees by $1, the application will tell you how much your revenue
will increase.
Example 2: If you want to institute a promotional rate, you can
add the rate in one of the “Other” rate lines and estimate
the number of rounds that will be played at that rate. You will
also need to subtract rounds from the appropriate regular rate
that would normally apply. By running a variety of scenarios through
this application, you will be able to determine how many more
promotional rounds you will need to make the promotional rate
increase your revenue.
Example 3: You can use this application to run infinite variations.
If you want to raise your rates significantly, and you know this
will decrease round counts; you can determine what is the breakeven
for rate and rounds.
This application runs in Excel, so anybody with basic Excel skills
can run it. This application is available from Edgehill for $75.00
plus $6.00 shipping and handling. Wisconsin residents add $4.25
sales tax.
Edgehill will also run this analysis on a custom basis with up
to 5 completely different rate schedules and round variations
for $125.00.
An order form is available for download, just click on order form
off the Home Page Menu.
If you have any questions, you may email edgehillgolf@msn.com
or call (262)241-7088.
BUDGET ANALYSIS SOFTWARE
This is a lengthy program that will generate a 6 Year business
plan. It can also be used to generate a month-by-month annual
budget. This program requires more Excel familiarity than our
Greens Fee Analysis, but is very comprehensive. Once you have
used it for a short time, it becomes a very useful and easy to
use tool.
The BUDGET SOFTWARE breaks down revenues and expenses by department
and is designed to correspond to a variety of expense categories
in each of 4 Departments (Golf Operations, Maintenance, Food &
Beverage and General and Administrative). This software can be
used for internal budgeting and also for course valuation for
acquisition purposes. It can also be used to project the financial
performance of new courses.
A sample copy of the Summary Page is viewable by clicking on the
Budget Sample on the Home Page Menu. A complete 8 Page Sample
report can be mailed out for review. We do require that $10.00
be sent to cover Shipping and Handling. To order a sample, use
the Order Form off the Home Page. We can accommodate a limited
number of fax requests at no charge, but you will have to rely
on our convenience for that service.
The BUDGET ANALYSIS SOFTWARE is available for $490.00 plus $6.00
Shipping and Handling. With the order you receive the templates
for both the 6 Year and Annual Models.
Edgehill can also do custom preparation of these models. Quotations
and information on the data necessary to complete the custom prepared
models are available upon request via email to edgehillgolf@msn.com
or via telephone at (262)241-7088.
om prepared models are available upon request via email to edgehillgolf@msn.com
or via telephone at (262)241-7088.