We usually talk about players, trades, and results, but the business side of a professional sports franchise must be incredibly complex. Revenue comes from tickets, sponsorships, merchandise, media rights, concessions, and events, while expenses span payroll, facilities, travel, vendors, and operations.
It made me think about how important accurate bookkeeping and financial reporting become whenever an organization has multiple revenue streams or operating locations.
BeanSquad works with franchise and multi-location businesses on bookkeeping, accounting, payroll, and financial reporting:
https://beansquad.com/
Has anyone here ever looked into how NBA teams actually structure and track all of their different revenue and expense streams?