Survey? Staff? Phases? EBIT!

Sorry, Jason, I missed your comment from a few days ago. He mentioned many of the things I have posted even before I posted them!

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During the member meeting, rep from Club mentioned about the survey.

1)As a member, I do not remember any survey post to me.

2) From the comment, there is a few memberships scheme, which i was not aware, If i have being told , I would opt for the social members, because the club at over the causeway is poorly manage.

To Owners & Mgts of the Club.

In your letter dated 25 Sept 2008.

"From 16 Oct 2008 to 1 Apr 2009,member subscription fees will be waived"

1) Am I right to say that my monthly subscription $125 before GST will be waived.

2) I had talk to a few hospitality experts, what is the percent of looking for a job in this industry for the next 3 months.

All agree that from now till end of the month, it is difficult to look for a job both in F&B and the hotel industry, as the current staffs is waiting for their AWS and bonus.

As such, the layoff staffs from the club will be greatly affected. On top of that, with the current world economy affected by financial sector, it going to be worse. The Finance Minster have also highlighted that Spore economy will not be spare. It will likely be a few qtr.

Based on the what was communicated to members during the meeting, the projected completion date was about 6 months , assuming there is a overrun. Let assume to be 8 months.
I propose to the owner of the club.

Phase 1, Build the glass house. When the new glasshouse is ready. Phase 2, Renovate and upgrade the existing club house. With this, we can achieve a few objectives.

1) Members get to use the facilities and continue to pay the sub fees. Let assume all 1200 members is paying at S$80, 1200 members, $96,000 before EBIT

2) Cafe continue to bring in, assuming S$20,000 EBIT

3) Chinese restaurant get to bring in, assuming S$30,000 EBIT

4) Bar continue to bring in assuming S$10,000 EBIT

Total is S$156,000 EBIT, although this may not be the significant amounts to the owners
Staffs that are going to be layoff will not be affected, although I do not know how many in total. When the glasshouse is ready, staffs that are supposed to be layoff will be will reassign to the new glasshouse.

As I misplace my membership contract,if any of the members can email me jasontay72@yahoo.com, we can explore if we have other alternatives from the legal points of view.
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See you all tonight!