Sport Facility Planning
How to make profit in a non-profit sport facility
Non-profit does not necessarily mean that the facility is not supposed to make profit but it means that the profit made has to stay with the organization or with another non-profit organization (Fried, 2005). Therefore, it is possible for a non-profit sport facility to make profit provided it stays within the facility. The profit made in the non-profit sports facility should be used within the facility to make greater impact on their public purpose rather than being used as gain for the owners or members (Bryson, 1988). For a sports facility, it is necessary to keep buying sporting equipments, hiring workers, and organizing and planning for activities. As a result, it is necessary to look for ways of earning some money to cater for these expenses (Bryson, 1988). There is also need to develop the facility in order to improve its services to the public. Therefore, money gained from activities like selling tickets for sporting events can be referred to as profit even though it remains within the facility (Fried, 2005).
Actions to take if the budget of a municipal recreation facility that I manage was to be cut by twenty percent
Trimming the budget by twenty percent would have a big impact on the activities and running of the facility.Because of the staff that I had already hired, the programs that I had planned, the customers I had already hired for the programs, and the event contracts signed, it would be necessary to look for alternative sources of income to support them because the contracts cannot be cancelled because of the reduction of the budget (Walker & Stotlar, 1997).The profit that the facility had been making from its activities would be used to facilitate these activities. Income generating activities can be organized to collect money to compensate for the amount trimmed in the budget (Walker& Stotlar, 1997).
References
Bryson, J. M. (1988). A strategic planning process for public and non-profit organizations. Long Range Planning, 21(1), 73-81.
Fried, G. (2005). Managing sport facilities. Human Kinetics.
Walker, M. L., & Stotlar, D. K. (1997). Sports Facility Management. Jones and Bartlett Publishers, 40 Tall Pine Drive, Sudbury, MA 01776.
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