Understanding the position or health of your club
At the same time as you are collecting information about your club, you can be working with the President to determine the health or status of your club. It is important to determine the status or health of your club as early as possible so you have a true picture of where to start from. There are many areas, importantly financial health, that will need your attention.
To work this out you need to continue to collect information in the following areas:
One of the first areas to determine the clubs status is its financial health. Working with the club Treasurer and President one of the first areas to get an accurate picture of at the start of each year is the club’s financial health.
Together with President and Treasure ensure that the following information as possible:
- All bank account details, bank statements and bank balances
- Club Annual Reports for the last 5 years
- Outstanding payments due to people (creditors)
- Outstanding amounts owed to the club (debtors)
- Past or current Cash flow projections
- Past or current budgets and monthly budget variance reports
- Profit and Loss
- Balance Sheet
- List of payments made the previous month
- Bank Reconciliations
Getting this information means that pretty quickly you will be able to work out what the financial status of the club is. If it is bad, then you have identified this early and you can put it immediately on the agenda. If the club’s financial position is strong then this is where you build from.
Sporting clubs exist to offer sporting participation options so it is important to consider how your your club participation is tracking. Not only does it provide you with a good understanding of the sporting side of your club but also focuses you on the year’s upcoming sporting needs. If we have low numbers then what is the committee going to do to increase them. Conversely, if participation numbers appear to be high do we have enough facilities to cater for everybody.
Information that will help you identify the “sporting health” of your club is:
- How many players started and finished the year?
- If your club has teams, where all teams filled with the required number of players?
- What is the current membership numbers?
- What are the trends of membership and participation levels over the last 5 years?
- How do we recruit our players and coaches?
- Are we likely to have enough players for the upcoming year?
Another key indicator of the health of your club is its sporting results. Poor results are normally an indicator of broader underlying issues, such as not enough players or coaches needing more support or development. By reviewing the sports results for the last few seasons, you may get a good insight into areas of challenge or concern.