8/20/2012 10:05:49 PM
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Section 5: OPA Board Subject: Vote YES on YC Referendum Msg# 840208
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Bob Thompson's efforts increased business but increased expenses at a rate where we have lost even more money at the Yacht Club.
Al, George Coleburn in a recent letter to the Editor stated "Simple arithmetic shows that OPA looses 12 1/2 cents for every $1.00 that come into the Yacht Club". If Bob Thompson persists in increasing business we'll go bankrupt in no time. All kidding aside ,leaning on the Faw Casson report once again, it points out a number of inherent difficulties managing a "low volume" operation like our food services. Logic tells me that if we had a lessee,(outside management) a Restaurant Entrepreneur that had other facilities and experience in the area they could take advantage of "the economics of scale". Food costs would be lower, labor would be more stable and labor could be allotted among multiple facilities. It may reopen a Pandor's Box, but regardless of the outcome of the referendum I beleive that option should be revisited. Norm |
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For reference, the above message is a reply to a message where: My point is that increased business doesn't guarantee a better bottom line. It is one important piece of the puzzle. Recent history is evidence; Bob Thompson's efforts increased business but increased expenses at a rate where we have lost even more money at the Yacht Club. Better food and better service is desired and beneficial, but that alone will not solve the problems with the operating deficits at the Yacht Club. Disciple on the operational side is lacking. |
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