1. Financial Analysis

2. Financial Terms List:

3. Finding Funding You need to consistently find funding: What are some ways of funding? Budget funds from profits Obtaining investors You need to convince that their investment will be profitable. Return on Investment (ROI): the income from a venture that is distributed to investors. What are some sources of revenue from sports and entertainment?

4. Financing Ventures Forecast A report to predict the expenses to be incurred and revenues to be received from an event Budget A plan for how available funds will be spent. Used to control costs so they do not exceed the funds available. Usually prepared for 1 fiscal year and broken down into monthly segments

5. What costs should we plan for?

6. Financial Statements Reports that show the financial condition of the business Balance Sheet Shows the company’s assets and liabilities at a specific point in time Difference between assets and liabilities is the company’s net worth Income Statement Shows all revenues received and all expenses incurred over a period of time Difference between revenues and expenses is the company’s profit

7. Why is this all important? Investors will want to see the forecasts, budgets, and financial statements before making a decision to invest in one of the sports and entertainment ventures.