“Unlocking the Key to Success: Lessons from Gold Standard Athletics in Iowa”

Key
Discussion Points:
•Iowa
complex owner-operators provide students with insight into how a youth sports
facility got off the ground financially;
•Understand
the concept of due-diligence to compare an idea to the needs of the
marketplace;
•Learn
about facility renovation costs and multiple income streams needed to keep the
enterprise profitable;
Questions to discuss:
1.
What due diligence would be most advantageous before opening a similar
business to Gold Standard Athletics by Eric Munson? 
2.
Based on this chapter which sources of revenue are most beneficial and
why? 
3.
What are some potential tax liabilities for this business? 
Powerpoint/Notes Included