Financial Performance

 

What key items need to be documented so that a business can accurately analyze its financial performance? What are two difficulties that can be encountered when trying to project the future profitability of a team-sport franchise? Why it is advisable to use multiple scenarios to project the future financial profitability of a sports business?

Guided Response: Your initial post should be at least 350 words in length ….  use the course text as a source, support your response with in-text citations 

attached is the reading material the book is… Fried, G., DeSchriver, T. and Mondello, M., n.d. Sport finance.