Funding Proposal for a Professional Basketball Team
Verified
Added on 2023/04/24
|4
|747
|53
AI Summary
This funding proposal outlines the approach to be taken to secure a major logo sponsor for a professional basketball team. The proposal includes guidelines for potential sources of funding, the current position of the organization, benefits for the source of funding, and a call to action.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
FUNDING PROPOSAL1 Addressing Issues dealing with Funding Proposal By (Name) Name of the Course Title of the Instructor Institutional Affiliation City and Date The final date of Submission
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
FUNDING PROPOSAL2 A PROFESSIONAL BASKETBALL TEAM THAT IS ATTACHED TO THE NATIONAL BASKETBALL LEAGUE IN SEARCH OF A MAJOR LOGO SPONSOR FOR THE FRONT OF THEIR PLAYING SHIRTS Body to be approached for funding To obtain appropriate revenue support, there will be the need to contact the government and be able to explain to them all our requirements about our above logo. The approach to the government is one of the most fundamental procedures that are expected to be carried out by senior government officials. Moreover, we will also approach quite some top-performing companies that are known to have dominated the market by acquiring the required reputation. We, therefore, expect the two listed bodies to come on board and be able to present their opinions regarding our grievances (Foster, O'Reilly and Dávila 2016). Guidelines attached to the potential source of funding One of our potential sources of funding which is mainly the government is known to have quite some guidelines when it comes to the allocation of funds or even sponsorships. Due to this, we will be able to follow the required procedures by writing to the relevant government authorizes most so the ones in charge of sports (Rosentraub, Winfree and Mills 2016). This will enable us to clearly express our needs about the entire national basketball team and even ensure that the presentation is made clear for it to be easily understood by everyone. The current position of the organization The professional Basketball team is one of the best teams that are recognized globally as a result of its fantastic performance at the national platform. This has made the team to gain a
FUNDING PROPOSAL3 strong reputation from various personalities across the world. The overall objective of the group is to emerge as one of the best teams nationally and be able to represent the entire country in most of the activities. Due to this, there is a need to come up with an attractive logo in front of the playing shirts. This will be able to distinguish the entire team from the rest and even go as far as creating a positive recognition across large groups of individuals (Saienko 2016). Benefits for the source of funding The cause of funding will be of much interest since it will enable the entire team to attain one of the targeted goals within the required time thus giving them one of the best opportunities to play appropriately at the international level. On the other hand, the source of funding will also create some relief for the entire team by adequately solving their financial needs that aim towards carrying out one of the essential activities. Call to action As the top management official for the team, after this funding, we request the sponsor to help us build quite some infrastructures for the team so that our players can have an easy time during their training sessions (Funk, Pizzo and Baker 2018). Moreover, some of the infrastructures that we need most are the offices together with the gym where our players can carry out various training exercises. On the other hand, the sponsor can also help us to renovate our training ground.
FUNDING PROPOSAL4 References Foster, G., O'Reilly, N. and Dávila, A. (2016).Sports business management: Decision makin g around the globe.6thed. New York: James Albert. Funk, D.C., Pizzo, A.D. and Baker, B.J. (2018). eSport management: Embracing eSport education and research opportunities.Sport Management Review. 3rded. New York: James Lenox. Rosentraub, M., Winfree, J.A. and Mills, B.M. (2016).Sports finance and management: Real estate, entertainment, and the remaking of the business.2nded. New York: CRC Press. Saienko, V. (2016). Marketing and management in the field of sports business.Sports Management.4thed. London: Ronald Albert.