Financial Research Proposal - 1623 Words

Initially, the first phase of conducting our financial feasibility report will include researching the each specific stakeholder and answering the relevant questions aforementioned. The second phase will include researching the potential situational variables and producing possible contingency plans to prevent potential problems resulting from these variables. These areas of research are projected revenues and expenses of the JCC and the Maccabi Games, previous financial information, projected impact on Tucson tourism, expected participant costs, and projected loss of summer camp signups. To focus on these areas of research, a research plan was created. Research Plan To find information regarding the key areas of research, primary and†¦show more content†¦Stakeholders Before we conduct any research we must understand who will be affected by the volunteer variable of the Maccabi games. The stakeholders affected by the volunteering for the games would include the participating athletes because of the needed volunteering from qualified host families as they will be responsible for housing the athletes that are traveling from across the country/the world. Additionally, the community itself acts as a stakeholder because a successful Maccabi games would result in a greater sense of community throughout Tucson. However, an unsuccessful Maccabi games could diminish morale and purpose across the community, and in particular the Jewish community. Finally, the most important stakeholder is The Tucson JCC since a lack of volunteers will have the strongest impact on them because an insufficient number of volunteers will prevent them from being able to host the games. Situational Variables In order for the 2020 Maccabi games to be a success it’s important that we take into consideration a few situational variables. After speaking with Todd the CEO of the JCC, as a team we concluded that the situational variables we need to take into account are weather and the desire of individuals’ to return and participate as either volunteers or host families. With temperatures reaching over 100 degrees during Summer in Tucson, we must assume many potential volunteers will consider traveling elsewhere for theShow MoreRelatedDifferences Between Formal Research and Business Proposals1403 Words   |  6 PagesDifferences between â€Å"Formal Research† and â€Å"Business Proposals† There is a great difference between a formal research proposal and a business proposal. In fact these two types of proposals seem to be very similar but there are critical differences in the overall purpose, uses and goals. With such distinct differences for a writer it helps in understanding for writing the formal research proposal or business proposal more effectively. 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