Question

Spring Sports a startup company with SaaS platform for organizations to manage memberships and events and get paid for both. Hive beat helps the customers and local cycling club, student organization, yoga club, high school, non-profit or any other type of organization set memberships on auto-pilot (like local fitness center) and sell tickets for open or members-only events.

Prepare a report mentioning the different objectives for the new startup company Spring Sports  

Answer 1

Spring sports are a new start up company which provides platform to manage memberships & events & get paid. It helps the customers, local cycling club, yoga club, high school or any other nonprofit organizations & sells tickets for member or openly events.

The primary objectives for the new start up would be:

• Brand recognition – spring sports to be recognized as a best event company which is engaged in managing memberships, to make profits from sale of tickets for its membership or any other events.
• To be operating at a profit by the end of first year of its establishment.
• Achieve a maximum growth rate in its business from years one & two & then maintain a decent growth rate thereafter without reducing much.
• To build good relationships with its customers, other nonprofit organizations etc.
• Working with the nonprofit organizations, promoting their service. Spring sports can do all this as a part of its CSR.
• To maintain a good margin that will help the sale of tickets & other events to grow fast.