Youth Sports Development Center Business Plan

Pages: 4 (992 words)  ·  Bibliography Sources: 8  ·  File: .docx  ·  Level: College Senior  ·  Topic: Sports

Youth Sports Development Center will be organized as a Limited Liability Corporation under the existing state laws. A centralized facility has been rented to provide a full range of coaching and instructions services in the sports of baseball, basketball, football, soccer, tennis, volleyball, and lacrosse. This facility will contain the finest fitness equipment necessary to provide the young athlete with all his or her individual needs. Additionally, the Center will hire the best available coaching and instructors.

Participation in organized sports has exploded in the past several decades and parents are increasingly eager to provide their children with any available edge to enable them to be more competitive. Informal surveys indicate that within a 20-mile radius of the Youth Sports Development Center there are over 40,000 young athletes seeking the services available at the Center. This is the only facility of its kind in the area so there is no readily available competition.

The Center intends to rely heavily upon the available coaching and instructional talent in the area. This will enable the Center to keep its labor costs low and help it to develop the support of the local community. By locating its facility in an area heavily populated by school aged children accessibility will be enhanced and parents will be more motivated to use the facility for their children.

1.1 Mission

Buy full Download Microsoft Word File paper
for $19.77
It is the goal of the Youth Sports Development Center to provide not only the finest facility and equipment possible for the local sports community but also provide the highest level coaching and instruction possible. Through the process of providing these services, the facility should prove to be popular with the community which should guarantee steady growth and a consistently increasing source of revenue.

1.2 Objectives

Youth Sports Development Center will begin operation in the Fall

The expected level of participation in the first year is 5,500 athletes

The projected growth in the first year is 30%

Business Plan on Youth Sports Development Center Assignment

By the end of the third year of operation the level of participation will be over 10,000 athletes

1.3 Keys to Success

Locating in a neighborhood that is heavily populated by school aged children

Providing quality service that is not available in the area

Enhancing the facility's relationship with local sports programs, coaches, and school districts

Ensuring that the facility provides a full range of available services and anticipating the needs of its customers

Start-up Summary

The start-up costs for the Youth Sports Development Center are substantial due to the size of the facility needed to provide the services and the cost of the equipment necessary. The initial monies will be provided through the private funds of the principles and a low cost loan provided by the Small Business Administration. At the present time there are no outside investors.

Start -- up Expense Requirements

Legal

$500.00

Advertising

$3,000.00

Utilities

$3,600.00

Insurance

$5,000.00

Rent

$14,000.00

Contractors

$4,500.00

Total

$30,000.00

Start-up Assets

Cash

$5,000.00

Current Assets

$25,000.00

Long-term Assets

$30,000.00

Total Assets

$60,000.00

Total Start-up Requirements

$90,000.00

Liabilities… [END OF PREVIEW] . . . READ MORE

Two Ordering Options:

?
Which Option Should I Choose?
1.  Buy full paper (4 pages)Download Microsoft Word File

Download the perfectly formatted MS Word file!

- or -

2.  Write a NEW paper for me!✍🏻

We'll follow your exact instructions!
Chat with the writer 24/7.

Feasibility Plan for the Youth Sports Development Center Business Proposal


Sports Management Facilities as a Sports Events Research Paper


Sports Tourism Assessment


Sports Shoes and Sports Clothing Market and Trends in Turkey Research Proposal


Sports and Steroids Thesis


View 200+ other related papers  >>

How to Cite "Youth Sports Development Center" Business Plan in a Bibliography:

APA Style

Youth Sports Development Center.  (2011, October 24).  Retrieved April 6, 2020, from https://www.essaytown.com/subjects/paper/youth-sports-development-center/1393027

MLA Format

"Youth Sports Development Center."  24 October 2011.  Web.  6 April 2020. <https://www.essaytown.com/subjects/paper/youth-sports-development-center/1393027>.

Chicago Style

"Youth Sports Development Center."  Essaytown.com.  October 24, 2011.  Accessed April 6, 2020.
https://www.essaytown.com/subjects/paper/youth-sports-development-center/1393027.