Identification should include examples of
- startup funding sources
- creating and operating a business
- franchise opportunities
- trends and emerging markets.
Process/Skill Questions:
- What are the advantages and disadvantages of starting a business?
- What is the role of entrepreneurship in the sports, entertainment, and event industries?
- What are the regulatory and legal obligations of launching a business venture?
- What are emerging markets or startup opportunities in the sports, entertainment, and event industries?
- How does encouraging entrepreneurship benefit the economy and society?
- What are the steps involved in the formation and approval of new professional sports teams?
- What are the typical funding sources for launching new franchises or entertainment ventures?