Club Sport Training Day

Running your club as a business

Wednesday 23rd September 2009

www.shef.ac.uk/enterprise

What is USE?• Here to make things happen–Team of staff and student interns–Based at the Enterprise Zone–New Enterprise website– Information and resources–Room bookings for Enterprising activity–Skill development–Working in partnership with the Union

www.shef.ac.uk/enterprise

Setting a Vision

www.shef.ac.uk/enterprise

Setting a Vision• Aspirations for the future–Honest about what you want to achieve–Set a level of ambition

• Long and Short term-visions• Must be acceptable to and

accepted by your members–Ratified by your Club’s AGM

www.shef.ac.uk/enterprise

Examples• To have 500 members by the end of the

year• To be the best club in the country• To offer opportunities to members of all

abilities• To ensure members get value for money• To achieve long-term financial stability• To be a valued part of the community

www.shef.ac.uk/enterprise

SMART ObjectivesWhat are they?

• Proven guide for setting targets for the future

• Development of SMART objectives provides clarity of purpose

• Shared ownership through group creation of goals

• Assist in reaching your goals• A way of measuring your achievements

www.shef.ac.uk/enterprise

S...M...A...R...T...S Specific Significant, Stretching, Simple,

Shared

M Measurable

Meaningful, Motivational, Manageable

A AchievableAppropriate, Attainable, Agreed, Assignable, Actionable, Action-oriented, Ambitious, Accountable

R Relevant Realistic, Results/Results-focused/Results-oriented, Resourced, Rewarding

T Time-bound

Time framed, Timed, Time-based, Timeboxed, Timely, Time-Specific, Timetabled, Trackable, Tangible

www.shef.ac.uk/enterprise

FinanceSources of Income:•Subs•Match Fees•Entry Fees•Sponsorship •Fundraising•Grants (NGBs)•Social Activities

•Club Ball/Dinner•Donations (Alumni)•Club Clothing •Give It A Go •Cub Sport Funds (Non-BUCS Affiliation, Excellence budget, Safety fund)

www.shef.ac.uk/enterprise

FinanceItems of Expenditure:•Kit•Pitch/Facility Hire•Transport•Affiliation fees•Entry fees•Publicity

•Accommodation•Fines•Social events costs•Prizes•Trophies•Tour

www.shef.ac.uk/enterprise

Managing Finances

• Committee needs to work out income & expenditure

• Monthly income and outgoing• Financial decisions authorised by an elected

and accountable committee

www.shef.ac.uk/enterprise

Transferable Skills

• Employability• Project Management• Skill Build– Time management

• Sheffield Graduate Award (SGA)

www.shef.ac.uk/enterprise

www.shef.ac.uk/enterprise