John our system is very simple; take say 600 members each paying £1000pa, charge £50pd for visitors, say 1000 in a year plus 2000 guests at £20 = £690 000. Now run a simple operation with general manager and office assistant, stewart, chef, around 5 green staff and some part time serving staff. Pay out slightly less than you receive and you generate a small profit to invest in the club.
"Sadly" you will not have 15 extra green staff, 4 gardeners, 3 shoe shine boys, membership manager, caddie master, locker room manager, valet, barber and feng shui consultant but each member will have saved £5000pa in fees.