Expert insights and strategies shaping the sports, recreation, and entertainment landscape
Planning an FF&E Budget For a Sports Facility If you’re considering opening up a sports facility, recreation center, or community center, you will have to do a fair amount of budget planning. Budget planning is always a speculation, regardless of how much research you do ahead of time. Something may
The Steps of a Successful Feasibility Study Feasibility studies are an integral part of any successful business. Performed before making big financial investments such as hiring new employees or buying new equipment, feasibility research determines if a decision is practical from an economic and operational standpoint. Though these studies are
Avoid These Development Funding Wasting Habits If you are in the planning and development phase of your sports facility, you know how important it is to stay on budget. The last thing you want to do is run out of money before the facility is even open, and following these
Sports Facility Management and Concession Stands A concession stand can (and should) be much more than just a dirty shack serving microwaved hot dogs and lackluster cheese fries. While this may be the experience some of us have had in the past, our professional sports facility management staff knows how
Other Uses for Your Sports Complex Owning and managing a sports complex requires significant time and dedication. You work to ensure that everything is being taken care of and is producing the money necessary to keep everything running. While you may have built your sports complex for a specific use
Development Funding: Think Outside the Box Now that you have a vision for your recreational center, you need to establish your development funding sources. Financing may very well be the most challenging component of your facility planning adventure.Traditionally, companies obtain financing through a commercial bank, a private investor, or through
Providing Sports Tourism to Profit Your Community Sports tourism continues to be one of the fastest developing sectors of the travel industry and is becoming increasingly global. Current figures show it as an approximately $7 trillion industry. Sports Tourism Defies Economic Slumps According to the National Association of Sports Commissions,
Facility planning incorporates a wide range of things, including getting equipment. New sports facilities are only as good as the services and equipment inside of them. So how do you get the products that you need in order to offer the services that consumers want? At Sports Facilities Advisory, we
The cost of sports facility construction is rising – but these tips can help. Whether you are planning a public-sector sports facility or a privately funded venue, the ultimate goal is to build a state-of-the-art structure with the smallest possible price tag. Fortunately, advances in technology and engineering have made
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