The Challenges Of Starting A Business

The rise in popularity of professional sports over the last century has brought financial gain and stability to many facets of the economy. Whether it is a new franchise, stadium, or the signing of a big-name player, these activities bring attention to a region or group and influence often comes as a result of that attention. Money brought into an area from ticket revenue, hotel bookings, merchandise sales, and other businesses are impacted financially when a stadium is built. The economic influence a stadium brings to a local economy is a positive one. Many factors come into play when anticipating the construction of a new stadium.

1) Describe the basic features that distinguish the four basic forms of business ownership sole proprietorships, general partnerships, C corporations, and limited liability companies.

The past 20 years have witnessed a massive transformation of professional sports stadiums in North America and the rest of the world. In the United States and Canada alone, by 2012, 125 of the 140 teams in the five largest professional sports leagues, the National Football League (NFL), Major League Baseball (MLB), National Basketball Association (NBA), Major League Soccer (MLS), and National Hockey League (NHL), will play in stadiums constructed or significantly renovated since 1990. This new construction has come at a significant cost, the majority of which has been covered by taxpayers. Construction costs alone for major league professional sports facilities have totaled in excess of $30 billion over the past two

The pros to having a new stadium built are having more events held in the town which gives the town more to do. It also motivates the younger generation to be more active and go play sports. Building a new stadium in a town also gives the city or town more money by gaining the attentions of investors who want to partner with your cities leaders and invest money for air time on TV. All the people

Some people might say that building an indoor baseball, softball, and football field is a waste of money and it would be too expensive. Each day people would have to pay a certain amount of money per hour they are there, or they could get a membership. If there are tournaments, the teams have to pay to enter them. Also Eldred could have fundraisers to earn money for the fields.

Having nice fields would attract students that are moving into the area to attend our school. For example, a student once told me that one of the reasons that he attended his school was because they had nice fields and he wanted to be able to play on them during gym class. The overall appearance of the school would seem much nicer. Having quality fields would attract more student athletes, and in turn, lead to an improvement in our sports teams. No student athlete wants to practice on a low quality field, because it would be a waste of their talent. The sports teams would show much better improvement as well. Fields should be renovated because it would attract all kinds of students and make our sports teams

But, the answer to the main question is not as simple as it may seem, especially to the uninformed sports fan. Take a look at this topic from an economic point of view. Is there an actual economic gain from having a new sports stadium? Professional sports teams are multimillion dollar organizations themselves. Why

The main purpose of this proposal is to request permission to research the total cost of having a new turf field and the benefits it can offer to Sheridan College’s soccer team and how it can help benefits the College as a whole.

Minnesota is in the process of building a beautiful brand new downtown stadium. Their owners designed it to accompany MLS. A similar strategy has been implemented in other American cities. In order for the strategy to be effective both parties need to be involved.

There are many benefits to a town building a new stadium. If its built right, the city and taxpayers can benefit. It would be more jobs more money and things happen. It gives the city something for entertainment and all sorts

Even though there are several different fields that have been used and can be used as soccer fields it is not a great option. It would be easy to be able to use these fields, but that would cause the teams to travel off campus. Not all athletes have vehicles they are also short on time as it is so traveling would make it worse. Even though it would not work well it was good because it gave an answer to if this would be an adequate solution.

Shania Jackson is a Christian woman that has the desire to devote her time and money in the creation of a Christian coffeehouse in Denver, Colorado. Ms. Jackson counts with the support of her husband, Marvin that it’s simply interested in making a generous contribution for the initiation of the coffeehouse process. Shania has been approach by several individuals interested in being considerate to be part of the development of the business. Her sister, Kelsey, is new to Christianity and found this project as an excellent opportunity to be active in an atmosphere that will allow her to grow in her faith. However, her husband is not a Christian man and he does not support Kelsey’s desire. Carlos, Mrs. Jackson neighbor is one of the individual interested in investing in this concept since he believe in the idea and see an opportunity to increase his financial position. Carlos is not a believer, but consider that there is a market for a Christian coffeehouse and it would be in a high demand by the many costumers that visit the churches around the area. Besides choosing a staff to help Shania establish the business, she have to determine if the business will be a franchise were she would adopt a name and trade dress or buy an specific amount of products for a establish period of time. Mrs. Jackson also has the option to establish an independent business. Shania need to evaluate the intention of this business and take

1. The most significant challenge to business success you see in this rapidly changing global economy;

Our aim- to engage with SimVenture; a business simulation that allowed us to build and sell computers through our virtual company named ‘Genesis’. The formation and running of our virtual company integrated us with new venture creation and about being an entrepreneur. It reinforced concepts previously presented in our course lectures and engaged us in a competitive and volatile business environment. SimVenture ran for three virtual years with five members on its team- each with a different role in the company.

We gathered our information from various interviews from existing owners of football fields, as well as the many potential players in the area. Our findings indicated that a demand for such a service exists and that the potential players in the vicinity indeed demand for a real, proper, high quality field, and an appealing price.