As for the first positive column of the golf economy lies at the heart of every financial industry, investment, and golf is no exception. Despite it not being the largest from a monetary standpoint, it lies at the centre of it all. For example, in 2011, $515.8 million was spent on building 75 golf courses and it’s ineluctable to oversee the gargantuan and prestigious Trump National golf club in California which cost Donald Trump $264 million to build.
In addition, multiple acquisitions for golf clubs and companies are made by overseas buyers that are looking for a safe and secure investment outside of their own country, then to be used as an offshore asset. Another aspect that relates to business deals and acquisitions would include how many deals may be done on the course. When you play golf at a fantastic course it may be easier for potential investors to be swayed to take a certain viewpoint as well, and may be a great way to persuade the client to invest with you.
Furthermore, investment in golf is increasing due to the changed mindset of investors and owners; instead of having a primitive and naïve frame of mind which viewed a golf club as a property for members only, alternatively they now visualise it as a business. Also, by building golf courses it will improve the house prices in that area. What also must be mentioned is how small investments matter too, a tiny local range will be a large source of income for many people due to how it provides employment for management, maintenance and selling merchandise for global companies.
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