From Concept to Opening :: Financing & Golf Course Feasibility
Fundamental to any golf course development is its financial feasibility. When developing a golf course or a facility which includes a golf course or golf course facilities it is important to ensure, as it is with any business venture, that the finances are in place and getting the facts right are essential to getting the figures right. There are many sites which will make a great golf course but without a market. Others have great operating potential but due to the physical constraints are far too complex or expensive to develop and maintain. Firstly, you need to identify that the land is physically capable of accommodating a golf course. See How We Design a Golf Course. The other important part of the feasibility study is the financial feasibility - armed with the reports, routing plans, the budget construction costs and most importantly (and often overlooked) true operating costs up to opening, these figures are used as the basis of the feasibility study. We recommend that each site be carefully assessed in order to satisfy each of these key areas to be sure that progressing and financing of the project will be a success.
We look forward to assisting you in these feasibility studies, be it physical or financial, for your golf course project. Preparation is everything, only the well produced and well thought out golf course projects will succeed. Steve is the appointed Principal Golf Course Designer to the Vitala Group who specialise in arranging finance for large scale developments including golf courses. Visit the Vitala Group website - http://www.vitalagroup.com/golf.htm |
