8.5. Financing and Investing Activities

Occasionally, the Director of Finance or Treasurer may be asked to give advice or suggestions to the Club Management or Executive Committee on how to finance significant purchases, such as a new clubhouse, or how to invest any extra funds the club may have.

Since financial institutions offer various loan and investment options, the Management/Executive Committee should consider seeking unbiased financial advice before making any concrete decisions.

While decisions about financing major purchases or investing substantial amounts of money are infrequent, they have a lasting impact on the club’s financial performance.