Discuss at least one tax and one legal issue you may face in the purchase or operation of your sports business.Describe three financial metrics or ratios that you will use to analyze the health of your business.

Overview: Introduce the business plan for purchasing and operating a professional sports team, and provide a thesis statement for your business plan.

Marketing: Discuss how specific marketing promotions will help drive revenue and profitability for your sports organization. Consider trends, market strategy, pricing, sponsorships, advertising, and revenue generation sources, etc.

Tax and Legal Issues: Discuss at least one tax and one legal issue you may face in the purchase or operation of your sports business.

Important Note: 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.

Financial Analysis: Describe three financial metrics or ratios that you will use to analyze the health of your business.

 

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