Tag Archives for Recreation and Sports

The new Count Palentine of golf

A golf ball directly before the holeImage via Wikipedia

In an article on Ross Marshall, 27, c0-founder and CEO of yourgolftravel.com, there is no mention of the holding company, Palatinate Leisure Group Limited formed in 2007.

Ross met Andrew Harding at Durham University and after trying other careers decided to follow their passion for golf and set up yourgolftravel.com in 2005.  Turnover reached £8m in 2008 and is expected to double this year – no recession in the golfing world!  They now have over 50 staff, nearly 90,000 clients and represent 1,200 golf courses in 26 countries.

In the article, Diary of a Golf Venture, mention is made of £250,000 loan taken in January 2006 for expansion.  Is the loan convertible and what kind of business plan resource have they used? Did they uses their background in banking and the profession to go for an Active Equity Company?

Buried in the website is a little bit of knowledge(!) about the origins of the word Palatinate.  I wonder if they make their customers members of the Order of Palatinates?

Another great case study

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A mill for social walkers

Offas Dyke Centre, KnightonImage via WikipediaIt was lovely seeing Marilyn Tippett after nearly forty years when we visited her at The Mill, Lloyney, near Knighton, Powys.  I guess we have both changed, as you would expect, but the family features were remembered.  It was good to swap a few yarns of times long ago.

Marilyn and Alan offer Bed & Breakfast at The Mill.  Lloyney is near three major long distance walks; Offa’s DykeThe Jack Mytton Way and Glyndwr’s Way.  The surrounding hills offer more walks and lots of wildlife.  Marilyn is a great enthusiast and promoter of social entrepreneurship.

We did not have time to discuss her business plan and will save that for next time.And the food was delicious!  I hope that the beds are as good.  

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