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FOOTBALL VIEWING CENTRE BUSINESS PLAN IN NIGERIA
Football Viewing Centre Business Plan in Nigeria
This sample Football Viewing Centre Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Football Viewing Centre Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Football Viewing Centre Business Plan in Nigeria
Business: Football Viewing Centre
Patilad Football Viewing Centre (FVC) is a new upscale destination for viewing football matches in Rumuigbo Port-Harcourt, offering a standard comfort for maximum football viewership. Patilad FVC is a fast growing yet new football entertainment centre in the suburb of Rumuigbo Port Harcourt. It’s no news that football is loved by people around the world; young and old, male and female, and that does not exclude Nigeria. Lots of Nigerians love watching football but they cannot watch it at the comfort of their homes because the cost of cable subscription is on the high side, so they go to viewing centre to watch the football match.
The location is at a strategic site in a very busy district, and spanning over 5km square meter, with over 200,000 residents made up of low and average class earners who hardly will subscribe for DSTV, ACTV or any other cable channels streaming businesses. Also the incessant power supply in this area of choice provides us the avenue to satisfy the teeming fans in this district.
Our features will include high definition four 72inches Led TV, high definition speakers, ample spacious room, split air conditions, ample parking space, snacks shop, and sports store. Patilad Football Viewing Centre (FVC) will also sell products which are forecasted to account for 25% of sales, betting club, drinks and snacks, fish and meat barbecue, sports magazines, sports vests, souvenirs and lots more.
Products and service
Conducive space to watch live matches
Tasty and nourishing refreshment
The benefits of our products and services are
- The provision of high quality and maximum flexibility in customer service delivery.
- State of the art facility with latest equipment from quality manufacturers
- Low cost per match, monthly, quarterly and annual subscription plans.
- Well trained and qualified staffs
- Provision of quality supplies of sports related items
- We are sophisticated yet very affordable
Objective for Football Viewing Centre Business Plan in Nigeria
- Exceed 60% venue capacity by the end of the first year of operation.
- Achieve N3.5M in sales the first quarter after opening by performing 14 services per day.
- To record over 1000 first time visitors by the end of the first year of operation.
- Have a return rate of 90% by the end of the first six months.
- Increase membership by 20% by the end of the second year of operation.
Goal for the Football Viewing Centre Business Plan in Nigeria
PATILAD Football Viewing Centre goal is to meet clients’ expectation and surpass it.
Vision for the Football Viewing Centre Business Plan in Nigeria
To be the most visited football viewing centre in Port-Harcourt and to raise other branches in six major cities in Nigeria in the next 5years.
Mission for the Football Viewing Centre Business Plan in Nigeria
- To create a standard in this industry, exhibiting highest quality of service, affordability and style
Keys to Success for Football Viewing Centre Business Plan in Nigeria
- Marketing –Marketing will be the first strength to our success and a huge competitive edge.
- Professionalism: Our staffs will be well trained in managing customers in any given situation.
- Individual Attention: Each client’s experience will be uniquely treated.
- Repeat business/Recommendations: giving the kind of service that brings people back for other views.
- Fantastic Location: Rumuigbo, Port-Harcourt.
Management Team of the Football Viewing Centre Business Plan in Nigeria
Bolly Ugwu – is highly knowledgeable in the Sports arena Sport conditioning instructor and sports journalism. He has over 15 years’ experience in the Sport Journalism industry, working with Sports-Ville papers. His versatility as a journalism is clear through his ability to obtain excellent results with a diverse mixture of people and throughout his time within the world of Sports has developed a large and varied client base.
His experience within the industry, partnered with his qualifications has given him the head way in maximizing all the revenue channels available. He also has 20 years of combined experience in managing different new and existing businesses.
Bolly has also gone on to complete other certifications courses such as Sales & Marketing Course in Business College Brocconi. Bolly aims to not just create a successful business, but to also use the avenue of sports to influence the teeming unemployed youths in the country to get proper positioning and mentoring.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan Atlantic University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Educational skill and practical experience in running a successful business.
- Ability to provide high-end services in a caring, upscale, professional environment.
- Capacity to consistently provide meet and exceed customer’s expectation.
- Provision of professional quality supplies of sports products and equipment.
- Our staff brings operational, marketing and promotional skills to the business.
Management experience gained for the Football Viewing Centre Business Plan in Nigeria
I am well equipped to provide the following functions, which have well displayed both as an employed staff and a full time entrepreneur in previous offices and other businesses.
- designing and promoting activities to meet customer demand and generate revenue, advertising and promoting the club or centre to increase usage, which may include commissioning and considering market research;
- maintaining high levels of customer care, often with a particular focus on avoiding loss of existing users;
- prioritizing target activities and user groups (especially in local authority centers);
- managing maintenance, insurance, repairs and cleaning;
- recruiting, training and supervising staff, including managing staff roles;
- carrying out health and safety checks on the equipment and site;
- handling complaints and incidents, e.g. accidents, emergencies or theft;
- ensuring own and staff members’ first aid training is up to date;
- delivering some fitness training or coaching in sports activities – often a good way of maintaining contact with customers;
- preparing and checking budgets and generating income;
- cashing-up and keeping stock records;
- purchasing equipment and supplies;
- using advanced management information (e.g. footfall, popularity of classes by hour) to improve provision and timetables and cope with fluctuations in demand;
- writing monthly or weekly reports and preparing cash projections for center owners or more senior management.
I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the firm good commendation from our clients.
My managerial skills have also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machine for Football Viewing Centre Business Plan in Nigeria
Viewing centre, reception area, massage table equipment, interior and furnishings, signage, back bar supplies, furniture, display shelf for sale of sports retail products, Air conditioner, Air freshener, standby generator and an inverter, Cable networks or DSTV dish with monthly subscription –four flat television, high resolution projectors, energy saving lightens, extension sockets, a refrigerator, kitchen equipment for snacks and barbecue etc.
Competitor Analysis for Football Viewing Centre Business Plan in Nigeria
There are few or no high quality commercialized Football Viewing Centre in our location but in the advent of their arrival, the following are our competitive edge as a business
- Superior and personalized customer’s attention.
- Our highly trained, courteous and professional instructors.
- Spacious, conducive atmosphere.
Our three major competitive advantages are:
- We run a family inclusive program.
For the remaining part of this business Plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015 or 08076359735 or send me an email at [email protected] .
We help institutions and organizations to write concepts and implement Business Plan and also train on business Plan writing in Nigeria. We can help you write a detailed, strong and winning business Plan for any use. Call any of our business plan consultants on: 08105636015, 08076359735 or Send me an email at: [email protected] .
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Thanks for this article, really will help in managing my viewing centre
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Home » Business ideas » Sports Industry
How to Start a Football Viewing Center – Sample Business Plan Template
Are you a football fan? Do you want to make money out of your passion for football? Then below is a sample business plan template on how to start a football viewing center .
Tope: Ronaldo wouldn’t have won the Ballon D’Or if Messi was fit. Messi just recovered from injury and in just 2 matches, he scored 4 goals…
Frank: As for me, Christian Ronaldo still remains the best footballer in the world, and he deserved the award.
Tope: Okay, let’s see who will win this year’s championship title.
Frank: Real Madrid Of course
This was the subject of conversation between two avid fans of Barcelona and Real Madrid when I went to watch a football match in a nearby football viewing center.
P.S: In this article, I will be using the Nigerian market as a case study because this is a country where the football viewing center business hold huge potential profit. If you are situated in other countries such as Ghana , Uganda, Kenya, South Africa, Zimbabwe, China, India, Philippines, etc; you can also benefit from this case study because the economic conditions or cultural perception of your country is similar to Nigeria.
However, those in the united states, Canada, U.K, etc might not find the football viewing center business viable because of their cultural perception and economic condition. People residing in developed countries usually prefer to watch football matches in their privacy.
However, I must emphasize the point that this business can be profitable even in the United states; all you need is a touch of entertainment creativity and the money would follow.
Nigerians love soccer. Not just Nigerians but Africans and the world in general. We love the blues, gunners and so many others. We wish we could be present in some of these football matches, but as much as we like football, most people still cannot afford to buy a DSTV or subscribe to a cable network TV!
It’s a problem most Nigerians can’t deal with. And that’s where the real money is. In Nigeria, we have network cable companies such as DSTV, Strong, MyTV, HiTV , CTL, DaarSat, StarTimes, GOTV , etc .
Just imagine you own a football viewing center that has a sitting capacity of 500 and for each football match, your customers pay between N 50 – N 100 per match Multiply that 500 by 50 0r 100; and you will have a whopping N25,000 – N50,000 per match (approx. $320)! Isn’t that a good small scale business?
Now, are you interested in starting a football viewing center? Do you know that with a well established football viewing business, you can generate a monthly profit of at least N400,000 (approx. $3,000)? You may be skeptical or think I am over-exaggerating, but that’s the truth
Here’s what Mr. Linus Eze, a businessman who operates a football viewing center had to say about his football viewing business:
“For Nigeria’s game, I made over N120,000 from tickets, food and drinks because people came with their friends, relatives and even children to watch the Super Eagles. This is a big boom for us. It might sound selfish but the truth is I pray this crisis continues.
Our market is the European Champions League and other various local leagues in Europe, especially the English Premier League and the Spanish La Liga. I generate at least N30,000 from every EPL match.’’ That’s how lucrative this business is’’
Read more here
Have you heard of Nairabet .com? The largest sport betting portal in Africa, with over 300,000 subscribers in Nigeria alone, and several branches all across the country The CEO ( Akin Alabi ), makes approximately N50-100 million monthly from the platform alone! This is a sure proof that football betting and viewing business is a very lucrative business to venture into.
Table of Content
1. Get an Ideal Location
2. set it up, five management tips for running a viewing center, what you need to start a football viewing center.
- A wood bench to save start up costs. Plastic chairs are better but they are often damaged during the celebrations of goals and match wins.
- Standing fans, ceiling fans or air conditioner
- Air freshener
- A good generator and possibly a UPS in case of power outage to keep the TV running
- Cable TV or DSTV dish with monthly subscription
- Two big Television set with high resolution or projectors
- Extension sockets
- A refrigerator just in case you want to add an extra income stream by selling cold soft drinks
- A printed ticket or coupons to identifying paying customers
Get a good location; a location or building that has enough room for expansion. If it’s an open space like a football field, then you may need to get a carpenter to form a tent shed using zinc; and ensure that the structure is wide enough to contain a good number of people ( say 100 to 300 sitting capacity ). You should learn to think big and start small.
If you are on a low budget, the next thing to do is to get a carpenter to make wood benches for you as it minimizes start up costs and contains a lot more people. But if you have enough capital, you can opt for single plastic chairs as they are more comfortable.
You must also ensure that the room or building is properly ventilated; so as to make your customers feel comfortable. If they don’t feel comfortable watching football matches in your viewing center, then there’s a high chance they will patronize your competitors. Do you want that ? I guess NO.
a. Get a blackboard or notice board outside your football center to write out all upcoming matches for the day.
b. If you have more capital and you want to make your viewing center top-notch, you can employ cooks to sell pepper soup, small chops, recharge card vouchers, and cold drinks. You could even sell these things yourself. If you are married, or a good cook, you could set up a pepper soup joint beside your viewing center.
c. Another strategy to stay at the top of your game is by offering bonanzas or produce T-shirts with the name of your viewing centers printed on it. Be smart and creative. There’s so much money to be made in this business!
d. Treat your customers with respect. Customers are the backbone of every business! Be friendly to your customers. They are the sole reason you are still in business. Treat them with respect, and try to build personal relationships with them.
As a final note, if you are currently unemployed, you could try out this business. It doesn’t require much capital to start and it’s very easy to manage, if you know what you are doing.
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Feasibility Study On Football Viewing Center In Nigeria (2023 DOC)
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Feasibility Study On Football Viewing Center 2023 Sample
Football Viewing Center Business Plan in Nigeria – This business plan for a football viewing center was to help you set up a proper football viewing center. It can serve other purposes such as using it to apply and secure bank loans , obtain grants from issuing bodies, used for business proposal etc.. it is also regularly updated to meet current economic conditions of the country.
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Executive Summary For Match viewing Centre | Football Business Plan
Football is like a religion in Nigeria, it is estimated that over half of Nigerians are football lovers, no wonder the country stands still whenever the national football team is playing a match, football has even become a unifying factor for the country, it is viewed as the only aspect of our existence that doesn’t involve regionalism, tribalism, sectionalism, in fact when the national team plays, everyone in the country supports the team irrespective of the region the person comes from.
Nigerians are football crazy, that explains why during special FIFA world cup tournament of all levels, you have people looking for fixtures as well as players to watch, to doesn’t stop there, the interest in football exceeds just FIFA competitions. Every year, there are different league competitions that interests the masses, I myself being one of the millions who watches European football every weekend can attest to this unending football craze.
As a matter of fact, the game of football often referred to the beautiful game is the most watched sport in the world as well as Nigeria in particular. Let me explain a little bit of how the round leather game is popular in Nigeria, during world competition in other sports, Nigerians hardly notices, take for example, when the Rugby world cup was being played, it was even on cable television, yet majority of Nigerians didn’t even know that such even was on, this same scenario is also applicable to other world tournaments such as the Cricket World cup (ICC), Netball world championship, FIBA world cups, this is the basket ball competitions that also enjoys viewership but not as football.
Is Football Viewing Center Lucrative in Nigeria?
With the brief introduction on how crazy Nigerians love the game, it should be telling how lucrative the business can be, later on this post, I’ll do a little financial projections on feasibility study on football viewing center , it will be a personal estimation through my observation of the business and my close relation to a football center outfit. But before then, football viewing center is a lucrative business without doubt; like I said earlier football is the most watched sport in Nigeria, with millions of viewership in some of the major competitions, FIFA world cup as well as the UEFA champions’ league.
For most Nigerians, football is usually their interest in other mixed competitions like the Olympics. That is why you will always see Nigerians heading to different viewing centers just to catch a glimpse of their respective football teams. Apart from the craze of following national teams football, Nigerians love foreign football, below are a list of leagues that you will see Nigerians supporting;
- The English premier league (EPL)
- The Spanish La-Liga
- Italian Seria A
- German Bundes-Liga etc
The above listed leagues offers some of the best football talents the world has even seen or witnessed, no wonder they have the highest number of viewership on weekend basis. To most, it goes beyond just being a sports enthusiasts, many are mostly fanatics who can actually lose their appetite especially when their team doesn’t win a match.
Nigerians are now registered members of top European teams and with many of the fans following these club giants;
- Real Madrid
- Manchester United
- Manchester City
- Bayern Munich, etc.
Most of the fans supporting these teams listed above may not have been to the respective homes of their favorite club sides, but they can pay anything just to watch their teams play. These fans are so dedicated to their follower-ship that even when their team performances is bad they will still troop to viewing centers just to watch their teams play (A case study of Chelsea and Man United) whose teams were performing below par, I was surprised at how they still look for where to watch their games.
Here is an example of how this works;
- To watch a is about N70, N100 etc, depending on the viewing center capacity, let’s say 100 viewers (one hundred people), the owner gets N7,000 or N10,000 every match.
- Each Premier league, La-liga as well as other league weekend has 10 matches, this simply means, after three to four matches you get nothing less than #30,000 to #40,000 for a week end.
- Its even better during UEFA champion’s league midweek fixtures, usually Tuesdays and Wednesdays with 16 fixtures to be played. You get to make profit of up to N100,000 after every deduction, note, per match charges depends on your location business.
NOTE – these fans are not paid a dime to support these teams.
Why You Need A Feasibility Study On Football viewing Center
You need a feasibility study on football viewing center to setting up a viewing center in Nigeria, you get to know all that you didn’t know about viewing center, things that has to be in place before your business can actually kick off.
Another important reason why you need a business plan for a football viewing center in Nigeria is to become an alternative to most Nigerians who cannot to afford buy their own cable television, the truth is that, not everyone can afford it because it is expensive, in fact most people prefer not to buy because they feel it is cheaper to watch their favorite teams at the viewing center, I even know a few friends who prefers to watch their matches at the viewing center even though he has a cable television at home. Know you know why viewing centers are always filled to the extent you think a crusade is ongoing.
The fun of going to viewing center are enormous, here are a few reasons why most people including me prefer watching my matches at the viewing center;
- Meet with friends
- Meet fellow club supporters
- Interact with new people
- Exchange football ideas
- Just for weekend relaxation
An Estimated financial Projection for A viewing Center
This is purely based on estimation, a friend of mine who owns a football viewing center actually inherited his own (he paid a little), so he didn’t buy much, he only bought new flat screen television, since the old one he inherited are hunch back television. Now here is an estimate;
Start Up capital or budget = between N500, 000 to N1,000,000 it actually depends on the standard you want to set up, will your structure (bacher) be built with zinc materials or woods, zinc is cheaper, wood is more expensive.
Rent for set up location : Since the structure won’t be a permanent one, rent for land or property should be between N100, 000 and N120,000, then to build your structure will depend on how much materials are sold, and then pay for workmanship.
Customers Seats – There is the option of wooden benches if you cannot afford plastic chairs, but if plastic chairs is your preferred option you will need up to (150) because depending on how big your space is, huge matches such as Liverpool vs Manchester United, Chelsea vs Manchester City or even Real Madrid vs Barcelona will always attract huge crowd, a Black hoarse plastic chair costs between N1,500 to N2,000, however, the wooden benches is more economical , my friend uses this option and he can accommodate up 180 people for a match.
Television Set – Most viewing centers I have seen have fairly used televisions, two (2) of it is good for a start, you can increase their numbers as your business continues to grow, these second hand television sets should cost between N60,000 to N120, 000, a 45 inch will do.
Get a UPS – If you can’t afford this, it really doesn’t matter as long as you have a generator set, however, it will help you to advertise to your customers how important they are to you by not making them miss any part of the match, two of those will go a long way (2) cost around N20,000
Cable Television – Nigerian viewers are not spoil with numerous options, before we use to have Hi-TV and then TSTV, they both didn’t last in the market, so viewers are stock with the DSTV option, the DSTV Decoder as well as its dish Installment comes at a different price range, you have a DSTV monthly subscription which is applicable to different packages and for a business such as a viewing center an (XtraView) decoder will do you a whole lotta good, in fact the most preferred DSTV viewing center package is the Xtra view package. You can visit any dstv center to get subscription for viewing centres, you need to be discreet about it too.
Standby Generator : You don’t want football fans at your center too be stranded, I once went to a random viewing center to watch a football match, light went off, the own came to apologies to us that his generator is not in good condition, dude almost got the beating of his life, the next time I passed there during a football match, only a handful of people were their, a sound generator should cost around N40000
Ventilation – viewers shouldn’t chock because they came to see their favorite play, get ceiling/ standing fans should be around N20000 if the place is air tight, an air conditioner (AC) can do the magic.
Info Board – It can either be a black board or a Marker Board, depending on how your budget is, you can get a wooden black board for N2000 and a marker board for N5000
Factors To Setting Up A football viewing In Nigeria
We’ve talked about how a feasibility study on football viewing center in Nigeria can make your work a lot more easier, however, below are a three important factors to consider when setting up your own viewing center;
Have a realistic budget – This is vital, it will determine if your set up plans will stops half way or you can see it through, from here you can determine the following;
- The size of the viewing center, in essence the capacity and size.
- The type of equipment to use, fairly used or brand new, this equipment includes television sets, generator, types of seats (plastic or wooden) etc
Location – This is very important, location is key to the success of this business, you need audience, in fact audience who are not far away from your viewing center, one of such location can be in a school environment where you are sure student can’t afford cable television for themselves, an area where you are the only one, you can control how much you charge.
Marketing – Now that you are done setting up, the next thing is to create awareness of your viewing center, tell the people around and write match fixtures on your Info board.
To get the full business plan in NIgeria on football viewing center In Nigeria PDF Feasibility Study (Including The Financial Productions And All), pay N10,000 to
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Football viewing centre: requirements and how to set it up.
I got this mail from one of my readers. The mail was titled: How Can I Setup Football Viewing Center With 150k? So I thought I should just make an article on football viewing centre plan.
Now here is the content of the mail below:
“I was doing some findings online on football viewing centres in Nigeria, then I saw your site.
“So I wanna ask, how I can Use 150k to set up a viewing centre? I only have a Small generator at hand now.”
SEE ALSO: How To Become A Football Coach – A Step By Step Explanation
How To Setup football viewing center business in Nigeria
That’s the mail, the summary of which he wants to know is how to set up his own football viewing center business in Nigeria.
Don’t forget, the reader has only 150k (One hundred & fifty thousand Naira).
What I told him?
Of course, I didn’t want to discourage him, so I told him he could always start small and then expand as time goes on.
I listed what his 150k could achieve namely getting a plasma TV.
One should suffice for the now.
And I think he could get a big one for about 50k – (fairly used of course).
With the remaining 100k, he could buy DSTV from a seller who is tired of his, get a small space and do a little set up as well as a couple of benches.
As for advertisement, just get a board and write the day’s fixtures on it and position it outside where your viewing centre is located.
I’m sure if he followed all I said, by now many people must already be gathered in his viewing centre.
It’s just a matter of time, the money will come, trust me.
BUT, there’s s BIG BUT….
SEE ALSO | Football Streaming Site In Nigeria: The Trusted Top 10
If you really want to break even in the football viewing centre business, you’ll need more than 1 television set.
Let me now touch on feasibility study on football viewing centre.
Imagine if all the big matches are played simultaneously, how do you satisfy your customers? What do you think will happen?
I’ll whisper it to you, ( whispers ) you will lose customers to your competitors!
Now here’s the deal.
The least that will happen is that you’ll need between 300k – 500K to realistically set up a football viewing centre in Nigeria.
Before I give you the financial breakdown here are the major things you need to start a football viewing center (in Nigeria of course)
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- A printed ticket or coupons to know customers who have paid
- A freezer for those who want to add an extra income stream by selling cold soft drinks (I will explain this below)
- Extension sockets so your customers can charge their phones for free
- Two to three big television sets with high resolution or projectors
- DSTV dish with monthly subscription
- A good generator (there's hardly any business in Nigeria that you won't add this item)
- Air freshener
- Standing fans, ceiling fans, and if you are a ‘big boy' you can install an air conditioner to make your customers comfortable
- Wooden benches or plastic chairs, as long as your customers can sit.
See the financial breakdown below:
SEE ALSO: Most Capped Super Eagles Players – All-Time Top 10 Listed
Cost of Setting Up Football Viewing Centre
- Flat Screen – 50k x 3 = 150,000
- Decoder – 14,000 x3 = 42k (Excluding Subscriptions). See DStv subscription for viewing centres .
- Furniture – 50 – 100,000
- Shop or Space – 150,000 – 300,000 (Depending on location)
Please note that all the prices quoted here are subject to change with the inflation rate in Nigeria skyrocketing.
Also, the prices may differ by location.
As you grow in this business, think of how you can make your football viewing center conducive and comfortable for your customers.
Comfortable customers always return.
Let me give you extra tips on how you can earn extra money from your football viewing centre.
SEE ALSO | How To Deposit Money To Melbet Nigeria Explained With FULL Details
How to earn extra money from your football viewing center
These are a list of other stuff you can also do to make extra income apart from just showing football:
You can set up a betting shop right inside, or outside your viewing center, it will help you earn more money.
FOODS & DRINKS
You should sell food and drinks, it can serve as a form of entertaining them while they watch the matches.
Whenever there is no football match to show, you can use your viewing center as a gaming house for popular ones like FIFA and PES.
SEE ALSO: Nigeria 1994 World Cup Squad – The Complete List
When those popular clubs go on break, especially after a full season, will you just be looking and cleaning cobwebs in your viewing centre?
My brother, better convert your viewing center to a mini cinema for the time being.
You can't charge as standard cinemas do, hope you know that?
SEE ALSO | Sportybet Nigeria App: How To Download And Install On Mobile
This article was most recently revised and updated 1 year ago
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Great idea, you really awake the dying giant in me. I have the plan to do this but finance is putting me back but now I will try my best. Thanks
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Business Plan For a Football Viewing Centre
TABLE OF CONTENT
- Executive Summary
1.1 Management Team
1.2 Background of the Business
1.6 Personnel Objectives
1.7 Business Goal
2.0 Marketing Plan
2.1 Marketing Goal
2.2 Sales Forecast
2.3 Revenue Forecast
2.4 Marketing Objectives
2.5 Strategies for Achieving the objective
2.6 Estimate of Cost of Marketing Action
3.0 Production and Operation Plan
4.0 Organizational and Human Resources Plan
4.1 Administrative Department
4.2 Marketing Department
4.3 Production Department
4.4 Maintenance and Security Department
4.5 Enterprise Employees
5.0 Financial Plan
5.1 Annual Personnel Cost
5.2 Estimate of Capital Expenditure
5.3 Estimate of Net working Capital
5.4 Cash Flow Forecast
5.6 Balance Sheet
5.7 Break-Even Analysis
5.8 Pay-back plan
6.0 Risk Assessment
Miragrade Football Viewing Centre Business is a sole proprietorship business that is registered under the Laws of Federal Republic of Nigeria. It is owned by Mr. Olu Olawale, who has a Master Degree in Textile/Graphic Design and a Master Degree in Business Administration. The business is located at No 4, Step Down, Lagos Benin Express, Ore, Ondo State. The business is intended to sit on a fifteen acres of land that will cover the offices. The expected total capital investment is N10,000,000 ( Ten Millions Naira Only) and it is expected to commence in June, 2021.Going by the operational plan, marketing analysis, intended management approach, financial plan and projection and risk management plan; the business is expected to generate a massive return on investment , and hence it is considered a profitable and viable business.
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CHARGES FOR BUSINESS PLAN/PROPOSAL 0 - 50 Millions -N10, 000 N51Millions - N150Millions - N20, 000 151Millions - N300Millions - N30,000 301Millions - N500Millions -N40,000 501Millions AND ABOVE - N50, 000
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How To Start A Football Viewing Center In Nigeria
You can start your own football viewing center today and make serious money. Ever considered football fanaticism a chance to make a living? If yes, a great crowd of fanatics are out there to help you. The chance to make money from men and women who are passionately supporting football is just a step away. And the step is on smooth soil.
The gathering together is not exclusive to the stadia where fans come together in thousands to support their teams. From Europe to South America, from Africa to Asia, the truth is; the stadia wouldn’t take everyone who supports a team; so those who are thousands of miles away look for places to come together in one spirit to support their teams. (Especially in Africa where cable TV isn’t that affordable) If you could provide one for them, you are making someone happy while putting money into your own pocket. This is what you stand to make:
SEE ALSO: How To Start A Football Club And Football Academy
There are several matches during the weekends. In some weeks, there are midweek matches. The average cost of viewing a match is N100. If your center is big enough to accommodate 100 people, you will be making N10,000 per a match. In cases where there are different matches at different times, say; Liverpool vs Mancity-1pm Arsenal vs Chelsea- 4pm and Barcelona Real Madrid- 9pm. That will translate to cool N10,000 times 3 = N30.000 on a single day. It might be less, but in a month, your football viewing center will pay your bill and much more.
What you need to do.
Look for Suitable Space For Your Football Viewing Center
The greatest challenge of setting up a football viewing center is space. Those who have the opportunity of space have an edge over others. If you have such a space, all you need is to set it up adequately, primarily to shelter match viewers. Planks and trampoline are better options, depending on the number of viewers you anticipate. However, the viewing center must be adjustable or open enough to contain viewers. Trampoline serves this purpose because it could be adjusted whenever the need arises. For instance, the adjust helps you to roll down the curtains when it’s raining, or when you want people who did not pay not see what is going on.
SEE ALSO: How To Start A Sports Betting Business And Our Stand On This
On the other hand, using planks to set the center up saves you the trouble of having to adjust when it’s raining, or making any of the changes due to weather. But you have to create enough windows and alternate doors. It will enable ventilation and relaxation.
Wooden Bench: Is a choice of seat that will last long, plastic chairs get broken easily. So make the benches long enough and provide fans (standing or ceiling) to enable a cooler atmosphere.
Game Center: Matches don’t come on daily basis except during world cups. It will therefore augment your earning if you add game station to your facility, where people will come and play games of their choice.
Blackboard: It is another tool that you need; it will help you to advertise your viewing center; when you write match fixtures and their times, it helps fans not miss out on any, knowing exactly when it will kick off.
Get Good Televisions
The second step to take after acquiring a place and setting it up is to purchase TV set. Multiple TVs enable you to give viewers alternate matches. For instance, there could be three important matches at a go, and a crowd of fans divided according to their teams.
SEE ALSO: How T0 Become A Millionaire Publishing Sports Newspaper
Multi TVs will serve every team supporting group their own match and will enable each one to see the matches wherever he is seated.
Buy DSTV Decoders Or Any Other
Dstv decoder is the most ideal in this kind of deal since it has TV right over popular league matches. Aljazeera sports offers reliable alternative but it seems to have been discontinued, find out. These two match providers are what you need to get started.
Get TV Subscription According to Your Need
Dstv has the TV right over most of the leagues:
Spanish La liga
Italian Seria A
French Lique 1 etc.
The total subscription sum of the bouquet that covers all the league will cost you about N30.000 monthly or less, but it’s worth it. People always look for places where they could watch matches uninterruptedly, and that will result in them sticking with you.
Buy Standby Generator
One other way to make people stick with you is by providing alternative to power supply, in case the usual thing happens, (power failure) you will keep the match going uninterruptedly with your backup plans. UPS also helps to keep the TVs from going off while you trying to restore power.
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i really enjoy ua good ideas,thanx much 4 helping us
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How much does one need to start this business?
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Miragrade Football Viewing Centre Business is a sole proprietorship business that is registered under the Laws of Federal Republic of Nigeria. It is owned by Mr
You can start your own football viewing center today and make serious money. ... SEE ALSO: How To Start A Sports Betting Business And Our Stand On This.