Use a spreadsheet program such as Excel to create the financial statements. Then, embed the statements by copying/pasting them into the final Word document.
Describe three financial metrics or ratios that you will use to analyze the health of your business.
Describe three potential financial risks for your sports business.
Describe possible ways to mitigate each of the risks listed above.
Describe what you will offer potential investors in order to seek funding for your business. Consider types of ownership, stocks, dividends, interest payments, royalty fees, merchandise profit sharing, perks, etc.
Describe your exit strategy assuming you are ready to sell the sports business in 10 years.
