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| To be the best in the business
of sports and entertainment, it takes a competitive edge. |
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Those of you in sports or entertainment
as owners, professional players, entertainers or agents
are understandably familiar with the phrase, “be
competitive”. Chances are that you got where you
are because you have that fire in your belly that drives
you to compete, and succeed. As accountants and consultants
to over 30 professional sports franchises or entertainment
businesses since 1986, and as former minor league baseball
owners/operators ourselves, we approach our responsibility
to you in the same manner, in that our role is to strive
to give you every advantage now and in the future in
your business and/or personal tax and financial involvements.
As pro-active professionals we bring you a unique combination
of skills for profit enhancement and business growth
and a personal understanding of the potential for handsome
revenue streams in sports franchises and entertainment
businesses catering to the public. |
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We Can Help Grow Your Revenues
As with any "ordinary"
business, good planning and smart financial and business
controls can go a long way to enhancing your results.
Yet, the opportunities, and pitfalls, of running a sports
or entertainment business have their own special character
and their own challenges. We can help in:
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Structuring a long-term plan
to maximize the value of your franchise or business |
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Negotiating facility leases
and concession agreements |
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Selecting the most beneficial
method of concession operation |
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Increase your attendance and
ticket sales |
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Making the most of advertising
revenues from programs, radio, billboards, scoreboard
and public-address announcements |
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Realize more potential in
food and souvenir sales |
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Diversifying and strengthening
your promotional calendar |
These and many more standard
financial questions - how to improve your cash flow
and how to reduce your tax consequences, or how to restructure
debts and plan for retirement - are all part of the
reality of running a sports or entertainment business. |
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We Can Help You Control Your
Cash
From helping you keep an eye
on your labor costs, to game or show reporting, concession
consulting and a variety of comparative analyses, we
can keep you on top of your expenses, your revenues
and your cash flow. A partial list of our accounting
and consulting services includes:
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Cash flow planning and management |
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Cash flow control and internal reporting |
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Billing
and accounts receivable monitoring and collection |
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Concession
consulting, including gross profit analysis and
daily cash control |
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We Can Help You Manage
Your Investment
We
can help you evaluate your own business, or someone else's.
There are research tools we can use to help you assess
the true worth of your business or a possible acquisition.
As accountants and consultants to sports and entertainment
businesses across the country, we know the market and
each market's special needs, such as Control Interest
Transfers in baseball. |
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| We can help
you with Acquisitions |
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Franchise and business evaluation |
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Structuring the business deals- choice of entity |
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Review
of systems |
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Due
diligence |
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Comparative
financial statement analysis. |
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Call Steven Resnick at 215-628-8080,
or
email SR@ral-cpa.com, today. |
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