Economic Impact Of A Sports Facility :: essays research papers

Feasibility Study Before a facility's economic impact can be determined, a feasibility study should be done to excite the community members about the facility. The purpose of a feasibility study is to "provide research information about the community, special interest groups, and its use as a decision making tool in the community" (Farmer, Montgomery, Ammon, Jr. 12). In essence, this study is done to assure the community that building a sports facility is right for them and that their money will not go to waste. It also let's them know why their area is the most feasible for the facility. It also gives them non-economic influences such as civic pride in their team. If they have more than just economic reasons to approve the stadium, they will not need that much more influence to vote yes. The main points of the study should include estimated economic benefits to the owner of the team and facility, the short term costs along with term costs, and cultural or economic loses and benefits to the community. The cost of the study usually runs about $.08 per person in the community. (E.g. 75,000 people = $6,000 cost) When doing these studies, the city offices need to hire outside firms and specialist such as accountants and economists. These people will bring credibility to the studies, which will look good to the people in the community. The weakness with hiring these outside firms is that they are in this for themselves and may not understand what you are trying to do. If they do not understand how this is intended to be a positive influence on your residents, they may not focus on the positive points as much as the officials would like. When the financing of the facility needs to be determined, it forces the city officials to put together where the money they need is going to come from. They can take from the community, take from the owner of the teams, or hire an entirely new owner for the building. Before a facility is built, there may be need to schedule dates for events in advance and collect deposits to help pay for the construction. By attracting a prime tenant immediately, many dates on the calendar will be filled and attracting a prime tenant immediately will put a nice sum of money into the development funds for the facility. Also, setting dates for other events can contribute to the facility funding. Economic Impact Of A Sports Facility :: essays research papers Feasibility Study Before a facility's economic impact can be determined, a feasibility study should be done to excite the community members about the facility. The purpose of a feasibility study is to "provide research information about the community, special interest groups, and its use as a decision making tool in the community" (Farmer, Montgomery, Ammon, Jr. 12). In essence, this study is done to assure the community that building a sports facility is right for them and that their money will not go to waste. It also let's them know why their area is the most feasible for the facility. It also gives them non-economic influences such as civic pride in their team. If they have more than just economic reasons to approve the stadium, they will not need that much more influence to vote yes. The main points of the study should include estimated economic benefits to the owner of the team and facility, the short term costs along with term costs, and cultural or economic loses and benefits to the community. The cost of the study usually runs about $.08 per person in the community. (E.g. 75,000 people = $6,000 cost) When doing these studies, the city offices need to hire outside firms and specialist such as accountants and economists. These people will bring credibility to the studies, which will look good to the people in the community. The weakness with hiring these outside firms is that they are in this for themselves and may not understand what you are trying to do. If they do not understand how this is intended to be a positive influence on your residents, they may not focus on the positive points as much as the officials would like. When the financing of the facility needs to be determined, it forces the city officials to put together where the money they need is going to come from. They can take from the community, take from the owner of the teams, or hire an entirely new owner for the building. Before a facility is built, there may be need to schedule dates for events in advance and collect deposits to help pay for the construction. By attracting a prime tenant immediately, many dates on the calendar will be filled and attracting a prime tenant immediately will put a nice sum of money into the development funds for the facility. Also, setting dates for other events can contribute to the facility funding.

Buss Plan Essay

Secondary markets c. Tertiary markets d. Prospective customers 8. Proposed locations 9. Action Plans a. Brand awareness action plans b. New location action plans c. Organizational structure action plans d. Remote locations action plans e. Local advertisement action plans f. Pricing issues action plans g. Competition with industry leaders action plans 10. Sales projections a. Pessimistic b. Optimistic c. Realist 11. Exhibits a. Materials Costs b. Sample Rent Comparison c. Vanilla Cupcake Cost Breakdown d. Coconut Cookie Cost Breakdown e. Sample Media List f. Sample Vegan Recipes g. New York Times Article 12. Appendix Executive Summary Executive Summary The proposed company, Bon Bon Appetit, is in the early stages of development. Bon Bon Appetit will be a specialty bakery, focused on providing organic, vegan, and gluten-free baked goods to the community. It is expected that the majority of revenue in the first year will be derived from in-store retail purchases. However, once the bakery has established a good reputation within the community, its primary revenue will most likely be from custom orders for special events. Bon Bon Appetit competes in a sub market of the baked goods, desserts and health food industries. Competition will range from large supermarket bakeries, such as Publix or Sweetbay, to smaller independent bakeries in the community. Bon Bon Appetit will be able to set itself apart by offering superior ingredients, hard-to-find specialty items and exceptional flavor. Since Bon Bon Appetit will be able to differentiate itself from its supermarket competitors, it will not be forced to rely on low cost pricing. This will enable the bakery to maintain a decent profit margin in a growing industry despite the competition. Thorough analysis has shown Bon Bon Appetit to have multiple strengths in terms of utilizing sociocultural desires and trends, meeting needs of under-served specialty consumer markets and taking advantage of Tampa Bay’s growing population. Weaknesses for Bon Bon Appetit arise in overcoming consumer stereotypes about health food not tasting good and in business expenses. Tampa Bay’s most desirable locations have extremely high rental rates, which means that the bakery would be unable to survive unless it achieved great success quickly. Overall, Bon Bon Appetit shows good potential as a local business, given that its weaknesses are addressed in a way that minimizes their negative impact on the bakery’s bottom line. Compromises on the bakery location which allow for lower overhead, but also maintain visibility and foot traffic, could be the difference between success and failure for this business. Situa tion Anal ysis Situation Analysis Gluten-free foods pushed through the recession in 2009 to achieve a global value sales growth of 11 percent, according to Euromonitor International. The same source also found that in 2009, gluten-free food registered global value sales of $2. 3 billion and also accounted for 27 percent of food intolerance sales. Bakery products, which traditionally are the most affected category of food, experienced half of these sales. Gluten-free products were originally intended for people with celaic disease, who experience a dangerous intolerance to gluten. Recent reports from Packaged Facts suggest that many people who have not been formally diagnosed with celiac disease have chosen to avoid gluten because of a self-diagnosed allergy. The findings of the report show that only 8 to 12 percent of gluten-free consumers indicate that they or someone in their household has celiac disease or gluten intolerance. Packaged Facts predicts that the gluten free market will continue to grow in the next five years, approaching $5. 5 billion by 2015. Current pop culture is creating a new perspective on veganism. Oprah Winfrey and her 378-person staff recently took on the challenge of eating vegan for one week, and also committed to â€Å"Meatless Mondays† at the Harpo station. Vegan authors, Kathy Freston, Kim Barnouin and Rory Freedman, have landed at the top of many book lists in the past few months and have also made a number of television appearances touting the benefits of a vegan diet. In addition to the increased popularity of special diets, demand for organic food products has increased rapidly. An article published by CNBC noted that in 2003, organic food sales at the retail level totaled $10. 4 billion, according to Katherine DiMatteo, executive director of the Organic Trade Association. According to the Organic Trade Association’s 2010 Organic Industry Survey, U. S. sales of organic food and beverages have grown from $1 billion in 1990 to $24. 8 billion in 2009. Market/Company Situation Bon Bon Appetit bakery will first and foremost provide delicious baked goods, with an emphasis on healthful indulgence. By providing organic, gluten-free and vegan baked goods, the bakery will expand its market beyond that of a typical bakery. These specialty offerings will encourage brand loyalty in target markets normally excluded and ignored. The increasing popularity of gluten-free, vegan and organic food is the core motivator for creating a bakery like Bon Bon Appetit. Other specialty bakeries exist around the country, but no such bakery has established itself in the Tampa Bay area. Most well-established and successful vegan bakeries are situated in young, urban areas, such as New York City’s BabyCakes, Portland’s Black Sheep bakery or Asheville’s West End bakery. Of Tampa’s population of 4,094,530 people (as of 2009), 49 percent have completed at least some college and 41 percent are under age 34, according to the Tampa Bay Partnership. Females make up 51 percent of Tampa’s population, according to ESRI, Inc. These demographics indicate strong potential for a specialty bakery, since young and educated people tend to be more likely to be interested in health foods and alternative lifestyle options. For example, according to a study conducted by the Vegan Research Panel, 69 percent of American vegans adopt the lifestyle before age 24, and 78 percent of American vegans are female. The 2008 Food Institute Report also concluded that, â€Å"In general †¦ those with more education and income are more likely than average to try to eat healthy. †

Definition and Examples of Cooperative Overlap

In conversation analysis, the term cooperative overlap refers to a face-to-face interaction in which one speaker talks at the same time as another speaker to demonstrate an interest in the conversation. In contrast, an interruptive overlap is a competitive strategy in which one of the speakers attempts to dominate the conversation. The term cooperative overlap was introduced by sociolinguist Deborah Tannen in her book Conversational Style: Analyzing Talk Among Friends (1984). Examples and Observations [Patrick] had to wait another five minutes or so before his wife remembered he was there. The two women were  talking at the same time, asking and answering their own questions. They created a whirlwind of happy chaos.(Julie Garwood, The Secret. Penguin, 1992)Mama sat with Mama Pellegrini, the two of them talking so rapidly that their words and  sentences overlapped  completely. Anna wondered, as she listened from the parlor, how they could understand what each was saying. But they laughed at the same time and raised or lowered their voices at the same time.(Ed Ifkovic,  A Girl Holding Lilacs. Writers Club Press, 2002) Tannen on High Involvement Style One of the most striking aspects of high involvement style that I found and analyzed in detail was the use of what I called cooperative overlap: a listener talking along with a speaker not in order to interrupt but to show enthusiastic listenership and participation. The concept of overlap versus interruption became one of the cornerstones of my argument that the stereotype of New York Jews as pushy and aggressive is an unfortunate reflection of the effect of high involvement style in conversation with speakers who use a different style. (In my study I called the other style high considerateness).(Deborah Tannen, Gender and Discourse. Oxford University Press, 1994) Cooperation or Interruption? Cooperative overlap occurs when one interlocutor is showing her enthusiastic support and agreement with another. Cooperative overlap occurs when the speakers view silence between turns as impolite or as a sign of a lack of rapport. While an overlap may be construed as cooperative in a conversation between two friends, it may be construed as an interruption when between boss and employee. Overlaps and interrogative have different meanings depending on the speakers ethnicity, gender, and relative status differences. For example, when a teacher, a person of higher status, overlaps with her student, a person of lower status, typically the overlap is interpreted as an interruption.(Pamela Saunders, Gossip in an Older Womens Support Group: A Linguistic Analysis. Language and Communication in Old Age: Multidisciplinary Perspectives, ed. by Heidi E. Hamilton. Taylor Francis, 1999) Different Cultural Perceptions of Cooperative Overlap [T]he two-way nature of cross-cultural differences typically eludes participants in the throes of conversation. A speaker who stops talking because another has begun is unlikely to think, I guess we have different attitudes toward cooperative overlap. Instead, such a speaker will probably think, You are not interested in hearing what I have to say, or even You are a boor who only wants to hear yourself talk. And the cooperative overlapper is probably concluding, You are unfriendly and are making me do all the conversational work here... (Deborah Tannen, Language and Culture, in An Introduction to Language and Linguistics, ed. by R. W. Fasold and J. Connor-Linton. Cambridge University Press, 2000)