SM Terms Too
We studied various revenue streams in class. Name at least 4 different revenue streams for a sports team.
What is tickets, concessions, parking, advertising, media rights, apparel, etc.
What is define the purpose or goal?
When a stadium or arena wants to raise even more money to fund the stadium they will typically sell the _______________.
What is naming rights?
Name three of the steps from the fundraising checklist.
What is:
Purpose/Goal, Target, Method, Budget, Planning Team, Logistics/Resources, Marketing/Sales plan, Sponsor/Donor group, Collection tools, Execute the event, Eval/Debrief, Follow up/Stewardship.
When money moves in and out of an account and that movement changes throughout the year it is called _____________.
What is cash flow.
What were our 7 committees?
What is Vision, Marketing, Sales/Fin., Logistics, Event Execution, Concessions, Sponsorships
We did personal budgeting as an exercise. What are the top two expenses for most individuals starting out on their own?
What are rent/mortgage payment and car payment? I will accept school loan.
A good way to make sure nothing is forgotten or missed when producing an event is to create a ______________
What is master plan or checklist?
Our gross pay is wildly different than our net pay. Name at least 3 deductions that come out of your paycheck.
Federal tax, state tax, social security, health ins co-pay.