This document provides background information on different types of clubs, including their origins and ownership structures. It discusses city clubs, country clubs, and other private clubs focused on activities like athletics, dining, and professional/social networking. The document also outlines various club ownership and organizational models, including equity clubs owned by founder members versus corporate or developer-owned clubs. Finally, it notes that clubs operate similarly to hospitality businesses by generating revenue from dues, fees, and sales while incurring expenses related to staffing, supplies, taxes, and insurance.