This book is written with both the United States and Canadian markets in mind, providing an excellent economic foundation for today's sport and leisure services manager. Become an enterprising custodian of resources by learning to utilise your finances effectively. The book responds to the need for sport and leisure service managers to develop awareness and competencies in the area of financial management. Economic and financial principles are addressed and discussed. Step-by-step instructions are given to assist readers in preparing, presenting, and managing budgets; generating revenue for capital development; and managing day-to-day operations.
Gaining an understanding of the recreation and parks profession is crucial to success in the field and to effective leadership within the field. Recreation and Parks: The Profession is a one-of-a-kind resource that delineates the components that make this complex field a profession. Written by well-known recreation authority Betty van der Smissen, this book -defines the marks of the recreation and parks profession and identifies the steps involved in becoming a professional in the field; -profiles 62 professional organizations within the profession; -provides a Web site that features a time line of the development of areas and organizations of the profession and the most up-to-date Web addresses for organizations detailed in the text; -outlines a comparative history of 15 categories of the recreation and parks field in the United States and Canada; and -presents a classic-to-contemporary bibliography of resources that showcases an inclusive body of knowledge on the profession. Part I describes recreation and parks as a profession and provides students with steps to lay a solid foundation to become a professional. Part II grounds readers with a comparative historical overview of the recreation and parks field from the 1500s to the present day. The author divides the field into 15 categories and offers suggestions on how to use the time line. Part III profiles 62 professional organizations. Each profile includes the organization's mission, goals, structure, history, publications, services, and professional credentialing information. In addition, it lists the organization's Web sites, contact information, and other vital information that students use in completing course work, in applying for internships, and in researching various aspects of the profession. Part IV contains a bibliography of selected resources on recreation and parks, from classic to the present. Recreation and Parks: The Profession includes a Web site that not only provides links to other current Web sites for the organizations profiled, but it also is linked to a color-coded version of the time line. The time line is ready to download, print, and use in the classroom or office. This version of the time line provides the most effective way to obtain an overall picture of the historical comparison of the categories in the recreation and parks profession. Recreation and Parks: The Profession is a unique resource for students, professors, and professionals in recreation and parks. The text brings together the important aspects of the field as a profession.
Now in a fully revised and updated third edition, this essential textbook introduces the fundamentals of sport finance and sound financial management in the sport industry. It is still the only textbook to explain every aspect of finance from the perspective of the sport management practitioner, explaining key concepts and showing how to apply them in practice in the context of sport. The text begins by covering finance basics and the tools and techniques of financial quantification, using industry examples to apply the principles of financial management to sport. It then goes further, to show how financial management works specifically in the sport industry. Discussions include interpreting financial statements, debt and equity financing, capital budgeting, facility financing, economic impact, risk and return, time value of money, and more. The final part of the book examines financial management in four sectors of the industry: public sector sport, collegiate athletics, professional sport, and international sport. It provides an in-depth analysis of the mechanics of financial management within each of these sport sectors. Useful features, such as sidebars, concept checks, practice problems, case analysis and case questions will help students engage more deeply with financial techniques and encourage problem-solving skills. This new edition includes a completely new chapter on international sport, reflecting the globalized nature of the modern sport industry, as well expanded coverage of current issues such as digital media finance, recent legal cases affecting collegiate sport, and the central importance of collective bargaining. Financial Management in the Sport Industry is an essential textbook for any undergraduate or postgraduate course in sport finance, and an invaluable supplement to any course in sport business or sport management. It is also an important reference for all sport management practitioners looking to improve their understanding of finance. The book is accompanied by updated and expanded ancillary materials, including an instructor’s manual, PowerPoint slides, and an image bank.
Financial Management in the Sport Industry provides readers with an understanding of sport finance and the importance of sound financial management in the sport industry. It begins by covering finance basics and the tools and techniques of financial quantification, using current industry examples to apply the principles of financial management to sport. It then goes beyond the basics to show how financial management works specifically in sport - how decisions are made to ensure wealth maximization. Discussions include debt and equity financing, capital budgeting, facility financing, economic impact, risk and return, time value of money, and more. The final section focuses on sport finance in three sectors of the industry - public sector sports, collegiate athletics, and professional sport-providing in-depth analysis of financial management in each sector. Sidebars, case studies, concept checks, and practice problems throughout provide practical applications of the material and enable thorough study and practice. The business of sport has changed dynamically since the publication of the first edition, and this second edition reflects the impact of these changes on financial management in the sport industry. New to this edition are changes to reflect the global nature of sport (with, for example, discussions of income tax rates in the Premiere League), expanded material on the use of spreadsheets for financial calculations, a primer on accounting principles to help students interpret financial statements, a valuation case study assignment that takes students step by step through a valuation, a new stadium feasibility analysis using the efforts of the Oakland Raiders to obtain a new stadium, a new economic impact example focusing on the NBA All Star game, and much more.
Strategic Recreation Management is a comprehensive and up-to-date introduction to the fundamental principles, managerial techniques and practices in the public administration of recreational services. It covers every key facet of public management as it concerns recreational service, including organizational, operational, planning, developmental, and managerial procedures, as well as examining all the contextual factors that influence the delivery of recreation, such as political pressures, economics, social considerations, physical resources, and citizens' perception of the field and its performance. Each chapter offers illustrative case studies from the real world of recreation management, with chapters sequenced to represent the typical day-to-day challenges and issues in recreation service. Authors Jay Shivers and Joseph Halper have many years' experience of working in the recreational sector, as educators and practitioners, and the result is a textbook that provides the perfect foundation for any degree-level course in recreation management, as well as being an indispensible reference for all professionals working in recreation service.
This book is written with the needs of the sport, tourism, and leisure service manager in mind. Initially discussing the principles of economics and finance, this book provides the reader with the necessary skills and knowledge to prepare, present, and manage budgets, as well as generate revenues for capital development and day-to-day operations.
Leisure Services Management, Third Edition, outlines essential knowledge and competencies for successful leisure managers. The text prepares students for the Certified Park and Recreation Professional (CPRP) exam and for careers in commercial recreation, public agencies, and the nonprofit sector
This course textbook provides a comprehensive three-step plan for successful programming of services, programme leadership and understanding operational management in recreation and leaisure organisations.
Kraus' Recreation and Leisure in Modern Society provides a detailed introduction to the history, developments, and current trends in leisure studies. The Twelfth Edition focuses on the challenges and opportunities impacting the profession—including dramatic demographic changes, new technologies, and innovations in marketing—through an array of pedagogical features, including engaging sidebars and case studies addressing contemporary issues. Focusing on ten different types of organizations—ranging from nonprofit community organizations and armed forces recreation to sports management and travel and tourism sponsors—the Twelfth Edition is an invaluable resource for students considering a career in the recreation and leisure industry
