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3.02 Identify Expenses in Sports and Entertainment Marketing. Expenses. The cost of doing business. Budgetary Expenses. Administrative expenses Entertainment of potential/existing sponsors. Insurance Office supplies Rent Staffing Trademark development and maintenance. Travel.
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3.02 Identify Expenses in Sports and Entertainment Marketing
Expenses • The cost of doing business.
Budgetary Expenses • Administrative expenses • Entertainment of potential/existing sponsors. • Insurance • Office supplies • Rent • Staffing Trademark development and maintenance. • Travel
Talent Expenses Include: • Compensation • Gifts • Parties
Advertising After-event entertainment Food and beverage services Judges Officials Photographers Prize Money Event Expenses Include:
Crew per diem (allowance for daily expenses). Lights Practice venue Site preparation Sound and stage setup Sponsor gifts Ticket production Production Costs Include:
Facility Expenses Include: • Facility rental • Risk management and liability insurance • Storage space rental • Security • Utilities