gr8 sports

GR8 SPORTS

BY: CHRIS CHRISTIAN-

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WHAT IS GR8 SPORTS?

• A sports academy that trains students how to play basketball

• Teaches them the latest techniques in the basketball world

• India ranks 58 in FIBA (International basketball federation)and our aim is to bring India in the top 10

• Regular training can develop the necessary skills of youth generation

08-03-2017SY BMS, WILSON COLLEGE

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Scope of Basketball in India

• Akash Jain (director of youth sports committee of India) stated that - "Indian youth has the hunger to learn & enjoy basketball”

• Around 120 teams registers on average at MNC( Mahindra NBA Challenge)

• NBA believes there is a "tremendous scope" for basketball in India where it could soon overtake hockey, the No. 2 sport


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REASON TO START THE ACADEMY

“If China being the most populated country, can win so many medals in Olympics, why cant India being 2nd most populated country have

to toil hard to win a single medal in Olympics?”


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CHRIS BOSH CAME TO INDIA TO PROMOTE BASKETBALL


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OUR LOGO


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SOURCES OF CAPITAL

• Government Aid

• Sports Authorities

• Personal Investment

• Loans from Banks


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Procedure of Business

• We will start the academy in a small area but will bring about best coaches and trainees from the city

• Coaches and Trainees will be the main highlight of our academy in the beginning since our academy will not only teach students how to play basketball but to train them to be the best


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CONTINUED…

• We will require a proper basketball court that will be started in a rented accommodation and the fees charged from the students will be used as source of income

• The business will develop slowly but once it starts, will try to bring best basketball players from across the globe


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CONTNUED..

• This source of fund will be used to pay the salaries of coaches and rent of the building

• We will try to collaborate with different schools so as to start the training of skilled basketball players as soon as possible


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Strategy

• Target the schools by merging

• Use word of mouth as source of promotion technique among players

• Will not compromise on standard of training at the academy

• Once the academy promotion is done, will diversify to open other branches so that other parts of the city are also covered


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CONTINUED..

• Since government itself is promoting basketball, they can further help in development of academy

• There is not much competition and basketball is a growing sport

• We can set the price high in the beginning and use skimming off pricing strategy and later on decrease the price to promote the academy in rural areas


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Cost

Cost is incurred for:

• Rent of stadium

• Maintenance of academy

• Salaries to coaches & Trainers

• Special training sessions by basketball players08-03-2017SY BMS, WILSON COLLEGE

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Profits

Profits can be generated by:

• Government funds

• Fees of players

• Prizes by the government


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Advantages of basket ball

• Help you to make new friends and see them regularly

• Teach you about being a good team player

• Be played by people of all ages and all abilities

• Be played all year round because it’s usually an indoor sport


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Disadvantages of basketball

• FAVORS HEIGHT

• PHYSICAL LIMITATIONS

• INJURY RISK


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Thank you08-03-2017SY BMS, WILSON COLLEGE

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