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How can you as a small business owner take advantage of this Sponsorship for your events and projects and also make some money out of it? Read on to discover how to tap into the Sponsorship arena. The reason most of these large and medium organizations involve in sponsoring your events or projects is because they want to enhance their public profile in a cheaper way. Note that not only Large corporations are holding sway here, even medium sized businesses are jumping in the sponsorship bandwagon and are leveraging on sponsoring everything including local or community sports, health shows, enlightenment campaigns, cultural festivals just to name a few. Actually there is no event or project that cannot be sponsored. But events or projects that often attract sponsorship are the ones that add value to the community and indirectly increase the brand image and profits of the organization’s products and/or services. Events or projects that bother on health, education, charity, entertainm...

A business plan is a tool with three basic purposes: communication, management, and planning. As a communication tool, it is used to attract investment capital, secure loans, convince workers to hire on, and assist in attracting strategic business partners. The development of a comprehensive business plan shows whether or not a business has the potential to make a profit. It requires a realistic look at almost every phase of your film project, in particular the distribution and subsequent revenue streams needed to recoup your investment. Furthermore, it shows that you have worked out all the problems of your project. As a management tool, the business plan helps you track, monitor, and evaluate your progress. The business plan is a living document that you will modify as you progress in your project. By using your business plan to establish timelines and milestones, you can gage your progress and compare your projections to actual accomplishments. As a planning tool, the business plan ...