The “new” Big Canoe Sconti Clubhouse Restaurant will lose close to $450,000 in its “first” 6 months of operation, ending this year.
Due to its $450,000 loss in 2008 (in just 6 months),
to the planned $500,000 loss in 2009, and
to the poor economy in 2009 that will most likely cause a $750,000 - $1,000,000 loss, do you feel that the Big Canoe Sconti Clubhouse Restaurant should be closed next year and reopened in 2010
Note that the $750,000 - $1,000,000 in saving can be used to fund the new Capital Reserve Fund.
The “new” Big Canoe Sconti Clubhouse Restaurant will lose close to $450,000 in its “first” 6 months of operation, ending this year.
Due to its $450,000 loss in 2008 (in just 6 months),
to the planned $500,000 loss in 2009, and
to the poor economy in 2009 that will most likely cause a $750,000 - $1,000,000 loss, do you feel that the Big Canoe Sconti Clubhouse Restaurant should be closed next year and reopened in 2010
Note that the $750,000 - $1,000,000 in saving can be used to fund the new Capital Reserve Fund.
This is just bleeding money. How can we justify these losses when the economy is in the toilet? Close it down now and save the reserve fund.