Sports Management Essay Example | Topics and Well Written Essays - 2000 words

Sports Management - Essay Example To achieve this, the plan must therefore analyze both micro and macro-economic factors that affect the industry and are therefore likely to influence the profitability of the new company (Elizabeth & Michelle, 2008). Among the factors analyzed in the summary below, include economic, social, legal, economic and technical factors that affect the industry and the institution of a new company in the country. In analyzing the factors, the summary below answers particular questions that help depict the relevance of the new company in the industry. Among the questions are problems the new company will solve, the company’s customers and the size of the market. By answering such questions, the plan below proves to the potential investors that the new company just as any other business will make profits thereby safeguarding their interests. Stamford Bridge Academy will be a football coaching company based in London. The company will train professional coaches and hire them out to local football clubs and schools within the city. As stated earlier, football is the most famous game in the city of London. The city has two main football teams playing in the national league, which have raised the popularity of the sport. Besides Arsenal and Chelsea, which are major contenders in the English premier league, the city has several other teams playing in various local and national leagues. Besides the hundreds of the smaller teams in different leagues, secondary and primary schools also have football teams and participate in different sporting activities within the country. The demand for professional coaches is therefore high in the city a feature that will earn the new company a potential local market before expanding to other regions within the country. The schools appointed a talented teacher to coach the teams in the past; however, the increasing competitiveness of the sport in the region has