So, how was your Canada Day?
Were you wolfing down hot dogs and burgers with your favourite beverage along with friends and family, or were you manning the golf shop and watching others have all the fun? If so, how was business?
That last question seems to be a common one in the golf industry these days. When GNN asked its readers in a recent poll how much their revenue was down compared to last year, 41 per cent said it was down over 20 per cent compared to 2010.
Another 28 per cent said it was down 10 to 20 per cent, while 10 per cent of readers said revenue was down by 10 per cent. Four per cent said they were about the same and even though the majority said business was down, a surprising 17 per cent said were ahead of last year.
On the whole, however, it would appear that revenue is down so far this year and that could be for a variety of reasons, including exclusively Canadian factors such as weather, the HST where it applies or oversaturation of golf courses, among others.
However, take a look around the world and you’ll see that the challenges facing the golf industry are not exclusive to Canada and it could be argued that things are worse right now in the United States and Europe.
That brings us to this week’s GNN Poll in the wake of Canada Day.
Which statement below best describes your feeling about operating a golf business in Canada?
- Unique Canadian factors such as oversaturation, weather and the HST are hurting us. (52%)
- Canada has unique problems, but it’s even tougher elsewhere. (33%)
- I wouldn’t go anywhere else. (9%)
- Get me out of here. (6%)
We’re not talking about overall lifestyle or freedoms, but we’re strictly looking at this country from a business perspective. Are you happy your business is located here, or would you rather plunk it down somewhere else?
Let us know in the poll below or on the home page. Also, we’d like to hear your thoughts in the Comments section below. So, is it O Canada or Woe Canada?