Admin and financial planning
Posted: Tue Jan 28, 2025 9:46 am
However, Kevin also says if your model supports offering families a discount and it fits your policies, then it’s worthwhile considering it.
When we asked gymnastics club owners what challenges they had when offering sibling discounts, the cost to the club was the biggest concern. However, a close second was the amount romania rcs data of admin required to manage who is paying what.
Emma Baker, Treasurer at Sherwood Oaks Gymnastics Academy, says: “I like the idea but in reality it would make my life really difficult as the person who sorts the fees each month.”
Sibling discounts can also make financial planning difficult if membership is costed per player. Alton Gymnastics Club had this issue. Head Coach and Manager Joanna Claire Foley explains: “We phased out and got rid of [sibling discounts] in 2020 – it was not economically viable to offer and it makes financial planning impossible as you plan for numbers then get siblings so it all gets thrown out.”
When we asked gymnastics club owners what challenges they had when offering sibling discounts, the cost to the club was the biggest concern. However, a close second was the amount romania rcs data of admin required to manage who is paying what.
Emma Baker, Treasurer at Sherwood Oaks Gymnastics Academy, says: “I like the idea but in reality it would make my life really difficult as the person who sorts the fees each month.”
Sibling discounts can also make financial planning difficult if membership is costed per player. Alton Gymnastics Club had this issue. Head Coach and Manager Joanna Claire Foley explains: “We phased out and got rid of [sibling discounts] in 2020 – it was not economically viable to offer and it makes financial planning impossible as you plan for numbers then get siblings so it all gets thrown out.”