Sports clubs are not only businesses, but community organisations. As owners and committee members, we’re constantly having to wear two hats: one that wants us to provide the best we can for our community, and the other to make enough money to ensure we can ensure we can run our clubs and centres properly. We don’t want to fail at either, but failure is inevitable in business and in coaching. The magic is in how you deal with that failure.
See failure as a tool, an opportunity for a new direction, rejuvenation and further development at your club. A true failure is only one where we don’t learn from our mistakes. So, remember the two F’s – Fail Fast – in order to recover quickly and grow.
This article was written by Alex Row, LoveGymnastics Community Ambassador. If you’re involved with a gymnastics or football club and would like to find more content like this, join our dedicated Facebook china rcs data Communities:Price increases are an inevitable part of running an organisation
It goes without saying that the fees you charge need to cover your outgoings and expenses, all of which can potentially rise at any point. And with the cost of living hitting many, it’s inevitable at some point your prices may need to increase. Therefore, having the ability to cope with price hikes is an important part of your organisation’s management.
In this article, we share some advice to help you successfully manage price increases and the communication to those affected.
Identifying the need to raise prices
Running costs, expenses, refurbishments and equipment, significant outlays… the list of demands on your organisation’s finances can sometimes seem endless.
The perfect scenario would be to have enough people paying to cover all your organisation’s outgoings, with a healthy buffer to keep you afloat. But what if that pool of people decreases slightly, or your outgoings increase.