Full TGIF Record # 119535
Item 1 of 1
Publication Type:
i
Trade
Author(s):Koppenhaver, James
Author Affiliation:Business Columnist, Golfweek's SuperNews and President, Pellucid Corporation, Chicago, Illinois
Title:Owners, operators: Know your place
Column Name:Dollar spot
Other records with the "Dollar spot" Column
Source:Golfweek's SuperNEWS. Vol. 7, No. 14, August 12 2005, p. 10.
Publishing Information:Orlando, FL: Turnstile Publishing Company
# of Pages:1
Keywords:TIC Keywords: Business management; Golf course management; Golf course ownership
Abstract/Contents:Defines an investor as "one who pursues capital growth and has sufficient liquidty and the stomach to put existing money at risk to achieve that goal in significant time" and defines an accountant as being "responsible for the preservation of capital and has neither the financial resources nor the risk tolerance of the investor." Discusses the roles of investors and accountants within the golf course industry. Emphasizes that "the healthy golf economy of the 1980s and early 1990s obscured the differences between investing and accounting" and concludes that "one complements the other, but the two seldom are successful when trying to act as one."
Language:English
References:0
Note:Pictures, color
ASA/CSSA/SSSA Citation (Crop Science-Like - may be incomplete):
Koppenhaver, J. 2005. Owners, operators: Know your place. Golfweek's SuperNEWS. 7(14):p. 10.
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MSU catalog number: SB 433 .G65
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