Milestone 1 - State the proposed project that the organization
Prompt
For Milestone One, you will be submitting critical elements A, B, and C of the executive summary portion of the final project. This milestone is due in Module Three.
Specifically, the following critical elements must be addressed:
- Executive Summary
- State the proposed project that the organization should undertake, and briefly explain the intended outcome.
- Identify the sport organization’s most significant revenue generators and significant, regular expenses supported by data from the most recent balance sheet.
- Determine the sport organization’s financial health based on what you discovered above, and support your response with information from the most recent balance sheet.
Sheet1
Budget
Category Millions ($)
Revenue (Sum of Total Revenue)
Direct Costs (Sum of Total Costs)
Gross Profit
Game Expenses (schedule 1)
Team Expenses (schedule 2)
Administrative Expenses (Schedule 3)
Debt Service (Schedule 4)
Total Expenses:
Operating Income: (Gross Profit minus Total Expenses)
Sources of Revenue:
Ticket Revenue
Media Rights
etc.
etc.
etc.
Direct Costs:
Advertising Costs
Concessions
Inventory
etc.
etc.
Schedule 1: Game Expenses:
Stadium Rent
Utilities
etc.
etc.
etc.
Total Game Expenses:
Schedule 2: Team Expenses:
Transportation
Lodging
etc.
etc.
etc.
Total Team Expenses:
Schedule 3: Administrative Expenses:
Payroll
Dues and Fees
etc.
etc.
etc.
Total Admin. Expenses:
Schedule 4: Debt Service:
Interest
Depreciation
etc.
etc.
etc.
Total Debt Service:
-
Rating:
/5
Solution: Milestone 1 - State the proposed project that the organization