Rick Caro is the President of Management Vision, Inc., a leading consulting firm specializing in the club industry.
Management Vision, Inc. provides management expertise to clubs, real estate developers, hospitals, hotels, resorts, appraisers and to the courts as an expert witness. Management Vision is widely regarded for its feasibility studies, business plans, loan proposals, valuation of the worth of clubs, assistance in the buying and selling of clubs, operational analyses of existing clubs and financial acumen. Management Vision has experience with small and large-sized clubs, single activity and multi-sport facilities, suburban and urban sites, owned and leasehold properties and start-up and take-over business situations all over the U.S. and other countries.
Mr. Caro also founded Club Market Vision, Inc., a sister company, to provide strategic and marketing consulting, industry and club member research assistance. Rick Caro was the previous Chairman of the Spectrum Clubs, Inc., a leading club ownership company with plans to consolidate that industry. After only 6 months, it became the 10th and two major club clusters in Texas and California.
Rick Caro is a 40-year veteran of the club industry. He previously was the owner of an eight-club organization of multi-sport clubs in the Northeast U.S. which he successfully sold in 1983.
Over the last six years, he has consulted to over 2,000 clubs. Mr. Caro was the Founder, Past President and Director of IHRSA (International Health, Racquet and Sportsclub Association), the trade association of over 9,750 clubs in over 78 countries. He is a frequent writer for various trade publications and the author of the book, Financial Management, targeted for the club industry.
He is also a well known lecturer for the industry. Mr. Caro was voted Person of the Year, Distinguished Service Award recipient, one of the club industry’s VIP’s and one of the key leaders for the 1990’s. He received an MBA degree with Distinction from New York University and served as its Assistant Dean and faculty member at the age of 23. He worked as a researcher for an advertising agency and as a management expert to correct major problems at a New York City government agency.
Mr. Caro has been actively involved in voluntary and charitable organizations over 30 years and served as a Trustee of the Urban Business Assistance Corporation, a non-profit organization providing technical assistance to minority businesses in New York City. He also served on the Board of the New York City Sports Commission and Sports Development Authority. He has served as the Secretary-Treasurer of ACE (American Council on Exercise) and of Operation FitKids. largest company in the U.S. with over $60 million of revenue List publications with links to archives.