We will define the industry Rules of Thumb for
determining business value, but, more importantly, you will
also learn how the CGB Cash-On-Cash method is the
best way to understand a campground’s worth.
Cash-On-Cash Method of Determining Business Value
Determine the value of a business by dividing the amount
of cashflow after payment into amount of your down payment.
Upside / Investor Improvements
Generate more dollars per "campernight" with simple, but
effective changes that encourage guests to spend their time
(and money) at your campground.
Workbook
The workbook included with the Campground 101 packet acts
as supplemental material to our video. Use it as a guide to
assist in analyzing potential investments. In the course of
viewing the video, you will be directed to the workbook to
study specific examples of what is covered.
With our Campground 101 Workbook, you will:
- Define your "Perfect Campground" and revise that
concept to make it a reasonable goal.
- Learn the difference between reading Profit & Loss
Statements and assessing a potential business investment.
- Understand how to calculate business value based on
the Cash-On-Cash principle.
- Be given an example of a "Mediocre RV Park" and shown
how to turn it around.
- Learn why financial statements and records do no tell
the full story and how increasing your Net Operating
Income increases Business Value.