Sports is a major form of entertainment within the United States.
Strategic Analysis with current research! The Company was founded by John Doe. The third section of the business plan will further describe the services offered by the Sports Agency. The interest rate and loan agreement are to be further discussed during negotiation. The financing will be used for the following: Doe has more than 10 years of experience in the sports management industry.
Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. The business may also expand its revenues lines by offering ancillary services such as financial planning and endorsement management.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time.
Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Sports Agency. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
As stated in the executive summary, the Sports Agency intends to work closely with athletes and companies that produce athlete works among every genre and medium. Currently, the economic market condition in the United States is moderate. The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of a double dip economic recession.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. There are 6, businesses that provide these services to athletes and entertainers they are considered to be part of the same industry.
This is primarily attributed to the fact that the demand for public relation and its associated services have become exponentially more complicated as the number of new technologies and athletic media have increased.Sports Agent Business Plan: Enter your email address to learn more.
Starting a Sports Agent Business Sports agent is one who acts as a go together between an athlete and a company. The perfect package for Entrepreneurs and Business owners looking to obtain B ank, I nvestor Funding or a Solid Path to succeed in the Business..
If you have the idea to Start your own Sport Management Agency or you already are running one, IQPlan, is the Answer to Get Funded and expand your Business!. Will provide you with a Complete Business Plan in Microsoft Word and XLS Format.
In the current sports climate, it's not practical to launch a sports agency unless you have spent time working in the industry. Most sports agents and agency entrepreneurs have backgrounds in marketing, finance, law and/or communications.
The key to sports agency is, as the great Dicky Fox said, “personal relationships.” Creative Artists Agency (CAA) made the jump into the sports agency business in The plan was to leverage the sports talent into higher commission commercial opportunities.
of Society and Technology Västerås autumn Institution: School of Sustainable development of society and technology, Mälardalen University recommendations of how to be successful in the sports agent business. Mälardalen University Jessica Bjälevik. A business plan certainly aids one in the pursuit of a successful sport management business.
The business plan functions as a road map for the entity (Schweizer, ). It allows an individual or a group to clearly define intentions about how, where, and why the business will succeed.