Reid Accountants + Advisors’ Post

Follow more Kidz4Golf content on our LinkedIn page as we start to dive into more details about our junior series and family events!

Did you know the first Topgolf opened in the UK in 2000? Fast forward to today, a single Topgolf location generates about $17 million in revenue annually. In 2023, Topgolf added $1.76 billion to Callaway's brand, after being acquired for around $2 billion in October 2020. However, net profit for 2023 was only $95 million, down 40% from 2022. What do you think is happening with Topgolf? Are people losing interest? Read more about this in the new edition of my newsletter Green Side Guide coming out tomorrow. Here is the link to subscribe. https://lnkd.in/gv9eWMCE

🏓 Companies Are Ditching Golf for Pickleball to Get Deals Done! 🏓 We recently came across a fascinating article on Bloomberg discussing how corporate America is shifting from traditional golf outings to pickleball for networking and deal-making. Here are a few highlights from the article: Why the change? ⚪ Cost-Effective: Pickleball is less expensive to play and maintain. ⚪ Time-Saving: Matches are shorter, allowing for more efficient use of time. ⚪ Inclusive: Easier to play, making it accessible to a broader range of people. Corporate bookings at pickleball clubs are surging, proving that this sport is not just a fad but a powerful tool for building connections and fostering business relationships. Looking to book your next corporate event? Come check us out! Read more about our events here: https://lnkd.in/gS7q9PVn Read the full article here: https://lnkd.in/gHj7je5d #Pickleball #CorporateOutings #Bloomberg

Fun time can still be productive time. When did you and your team last enjoy some time away from work? Maybe mini golf and go-karts aren't your thing (who are you?! 😉), but there's bound to be something that can help you and your team unwind, recharge, and connect in new ways that will certainly better your work product. #ilovemyjob #getpushing #teamwork #businessleadership

Future Ready Programme on the course Details ⛳👇

My Take: Preserving the Essence of the Game by Uniting Professional Golf’s Divide “My Take” is my new ongoing weekly series on GolfWRX.com where I share my thoughts and opinions on various aspects of the game and industry. These are my opinions and do not necessarily reflect those of GolfWRX, its staff, and its affiliates. https://lnkd.in/e26_B6KY

Companies in the #UnitedStates 🇺🇸 are switching from #golf ⛳ to #pickleball 🏓 to close deals. Pickleball clubs have seen a significant increase in corporate bookings, surpassing even golf, according to booking platforms such as PodPlay Technologies. 📲 Pickleball is becoming a popular choice for #corporateevents 💼 due to its lower cost, inclusivity and ease of play for beginners. Corporate bookings at pickleball clubs have increased dramatically, with clubs such as Ace Pickleball Club and Pickleballerz experiencing an exponential increase in corporate events. Pickleball is especially popular with #lawyers, #bankers and #realestate agents 👨💻 , who use it to expand their professional circles. Pickleball stands out because it is less intimidating and more efficient than golf, allowing several games to be completed in less than two hours and at a much lower cost. #Companies see a greater return on #investment with pickleball, as #events are shorter and allow for more time together under the same roof. While golf remains popular, especially among men, some diehard golfers are switching to pickleball to access a more diverse group of customers. Pickleball is also valued for its ability to relax participants and foster a competitive but less serious atmosphere than golf. 👉 Have you played pickleball with your #coworkers yet?

Moving Beyond the Committed: Reimagining Golf’s Growth Potential 📈 The golf industry has long relied on committed players for revenue and growth, but this focus may be limiting our potential. Q: Is there a fear that focusing on casual golfers will turn off committed players? Comment below. By turning our attention to casual golfers and redefining what it means to be a golfer, we can open up new avenues for growth. It’s not just about more rounds played—it’s about cultivating a broader and more inclusive golf community. More here: https://lnkd.in/e_RH-xcQ #RethinkGolf #IndustryTransformation #GolfLeadership 📸: Paola Andrea on Unsplash

The video linked below is an example of exceptional messaging for a private club. They nail both the emotional and value of joining a club, and demonstrate how their resources and facilities support their values and mission. The ability to clearly communicate your vision is not a panacea, but it provides a NORTH STAR for your staff and attracts consumers who believe what you believe. Simon Sinek PGA of America Proponent Group #consumer #consumerengagement #vision #mission #values #community #golf #startwithwhy https://lnkd.in/dak8cC7U

Get ready to up your game with the GENiUS Ball! Learn from precise data and instant feedback to refine your skills. Like they say, "Drive for show, putt for show." #GolfInnovation #SmartGolf #PuttTraining #GolfTech #GameImprovement #OnCoreGolf #GENIUSBall https://lnkd.in/gnkGvXYK