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Chris Chard

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Gil Fried

Gil Giles has a passion for softball and wanted to turn his passion into his second career. After retiring from the police force he decided to invest at least $2.8 million (including borrowing $1.7 million) in building a six field sportsplex. Although the research and the numbers did not support his decision, his passion was so strong that he decided to take the risk. While he enjoys the thought of owning a sports facility, the reality of day to day management and paying the bills is another story. This case study examines the financial and strategic underpinning for building the facility. From analyzing potential revenue streams and expenses to the profit margin for concession goods, Gil will need to pinch every penny to make his facility financially viable. Luckily he hired a manager to help run the facility, but if he had several rain-outs, or fails to attract the leagues he hopes for, his financial plans could be ruined. Is it ever safe to have a business model with such thin margins?

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Megan B. Shreffler

prefer to hire former student-athletes. Much like the other secrets within the guidebook, practical suggestions for how to activate the student-athlete advantage and create one’s personal brand are included. Secret 19 is to be financially smart. The authors not only encourage the building of a financial

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Megan B. Shreffler, Adam R. Cocco, Regina G. Presley and Chelsea C. Police

institutions with respect to their academic reputations and financial plans ( Aljohani, 2016 ). Despite these potential problems caused by low persistence rates, less than 60% of those who initially enroll in college full-time finish with a certificate or degree ( Shapiro et al., 2017 ). This statistic is

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Per G. Svensson, Fredrik O. Andersson and Lewis Faulk

et al. ( 2014 ) 2.20 0.87 1.00 4.00  Expense stability Doherty et al. ( 2014 ) 2.79 0.78 1.00 4.00  Financial planning Misener and Doherty ( 2009 ) 2.49 0.72 1.00 4.00  Financial judgment Doherty et al. ( 2014 ) 2.68 0.73 1.00 4.00  Financial management Misener and Doherty ( 2009 ) 2.85 0.83 1.00 4

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Patti Millar and Alison Doherty

.g.,  Doherty et al., 2014 ; Misener & Doherty, 2009 ; Sharpe, 2006 ; Wicker & Breuer, 2011 ), with particular attention to the critical elements of the dimensions of human resources, financial, planning, infrastructure, and external relations capacity of the organization. Specifically, this research

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Alison Doherty and Graham Cuskelly

and expenses, and assets and liabilities ( Hall et al., 2003 ). Doherty et al. ( 2014 ) determined that, more specifically, stable revenues and stable expenses are important to CSOs, along with alternate sources of revenues, and fiscal responsibility. Related research identified financial planning

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Rajni Rai, Michelle I. Jongenelis, Ben Jackson, Robert U. Newton and Simone Pettigrew

’Loughlin, & Kendig, 2013 ; Noone, Stephens, & Alpass, 2009 ; Wang & Shultz, 2010 ). Although many organizations provide financial planning advice, there are fewer resources available to assist workers in psychosocial planning, especially for women and workers in nonmanagerial positions ( Lytle, Clancy, Foley