A position where you will need to analyze financial data

 

 


In a sport management role, you may find yourself in a position where you will need to analyze financial data and make important decisions based on that information. Imagine that you are in such a position, and that you need to present to stakeholders and explain the impact of a proposed project from a financial perspective. Having a solid foundation in financial and economic concepts will help you communicate financial information and its impacts in a meaningful way.

In your presentation, you will use data from your executive summary, along with economic theory, to support how your recommendation will impact the community. The executive summary should focus on presenting this information to management, whereas the presentation should focus on presenting to stakeholders within the larger community.
 

Sample Answer

 

 

 

 

 

 

 

 

 

Project Premise (I'll need to invent this, as it wasn't provided):

Let's assume the proposed project is the "Development of a Multi-Purpose Community Sports Complex." This allows for a broad range of financial and economic impacts.

Key Financial & Economic Concepts I'll weave in:

Financial:

Revenue streams (ticket sales, concessions, sponsorships, facility rentals, events)

Cost analysis (construction, operational, maintenance, staffing)

Return on Investment (ROI)

Break-even analysis

Funding sources (grants, loans, equity, public-private partnerships)

Net Present Value (NPV) and Internal Rate of Return (IRR) (potentially for the executive summary)

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