Originally posted by Aggravated Assault
You would likely have to use dues to maintain the team for at least a year or so in order to build an impressive enough resume to be able to bring in supporting sponsors. As more sponsors were involved the dues could be decreased to keep a balanced budget (I doubt the concept works too great with "stockpiling" money). The advantage of running it as a business is you can use standard business accounting practices (cash funds available, etc.) to be able to keep the team together through thin times. Everyone wants to just walk into that team that is successful and "plays for free". Requiring a "purchase" to be part of the team helps sort out those in it for the short term. I think the trickiest parts would be contracts of some type. Purchasing into the team, taking its benefits, you sign on as part owner of it and accept responsibilities. I'm talking legally enforceable contracts here so that the team cannot just vanish with all the players reappearing on another roster two days later. Then again, purchasing in, and keeping the team worth something, would help here. Especially if that initial purchase were signifigantly higher than what the initial dues were and that money stayed as cash on hand. I mean I am not going to give up on 1/10th ownership (or whatever) of a $5000 account over $100 due in dues this month.
You would have to use proper accounting methods - which could only help in gaining sponsorship. Show a sponsor that handing you something is worth it. "This team has been economically viable for XX time using accountable financial standards. With cash reserves of XX, and a growing income, we demonstrate the ability to meet our obligations as part of this sponsorship program" has to be worth something.
and I would take it over the money any day.
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