Golf clubs to receive business advice from RBS

Golf clubs to receive business advice from RBS

Golf clubs in Scotland will benefit from free business and financial planning advice thanks to a collaboration between the Royal Bank of Scotland (RBS), the Scottish Golf Union (SGU) and the national junior programme ClubGolf.

RBS developing Club Golf for juniors

From the end of 2013 RBS will work with the SGU to expand its business teaching and club development initiatives by providing Scottish golf clubs with business advice through a series of specially designed ‘Ahead for Business’ seminars and on-line resources.

The advice and training should enable golf clubs to capitalise on the interest generated in Scottish golf by the 2014 Ryder Cup, which is to be held at Gleneagles.

RBS also sponsors ClubGolf, a programme which aims to introduce every nine-year-old in Scottish schools to golf, since 2012.

ClubGolf, which was a key component of the Ryder Cup host bid, has brought golf to 300,000 children since 2003, with more than 15% going on to receive further coaching.

Vital to the Scottish economy

RBS announced its plans for supporting Scottish golf clubs at the Ryder Cup’s ‘One Year to Go’ Captain’s Challenge event at Gleneagles, where 16 boys and girls from each region of Scotland took part in the ClubGolf programme pitted against the Ryder Cup captains.

Chris Sullivan, Chief Executive, RBS Corporate Banking said: “RBS is not only dedicated to growing the game through ClubGolf, but also through the business of golf. Golf is vital to the Scottish economy and all eyes will be on Scotland during the 2014 Ryder Cup at Gleneagles. It’s important that we build upon the Ryder Cup legacy by continuing to encourage our youth to play golf as well as building sustainable clubs.”

RBS business managers will run seminars on business and financial management for golf club representatives in Inverness, Aberdeen, Perth, Edinburgh and Glasgow. The bank plans to film the final seminar and make it available to golf clubs online so more clubs can benefit from the advice as part of the SGU’s club education programme.

Clubs will also be offered free, one-to-one access to RBS business managers for more in-depth business advice.

Financial planning

Next year the bank will also help the SGU to launch an improved online portal for Scottish golf clubs to provide downloadable business tools, such as financial advice, educational videos and best practice case studies which golf clubs can use to help them to improve as businesses.

Hamish Grey, Chief Executive Scottish Golf Union, said: “We are delighted to be working with RBS to enhance the support programme we currently offer to our clubs, through the Ahead for Business initiative. The financial planning element delivered by RBS will complement our existing business planning workshops, which have already proved successful in helping clubs plan for the future.”

Richard Hills, Director, Ryder Cup Europe said: “We would like to thank RBS for their support of the grass roots game in Scotland. ClubGolf and local clubs are the embodiment of the Ryder Cup spirit with camaraderie and fun just as important as the competitive element.”


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