Sport as a Business

Someone buys a business format, product or the right to use the trademark from another firm

National Governing Bodies are involved in this to get more young people involved in sport

These have been funded by the government 

When few people want to set up a company, sharing responsibility for profits/debts

These are more commercialised and customers expect value for money 

Usually smaller businesses with shareholders who invest and take a share of the company 

Clubs which are set up to compete in leagues and clubs 

These mainly consist of gyms and spas

This is usually an individual offering a service or selling products. They will enjoy profits.

Larger businesses with shares offered for sale to general public on the stock market

What is the main aim of public sports and leisure clubs ?

These tend to have a non profit ethos and rely on fees, subscriptions and sponsorships