SportzSoft Major Franchise Budget and Financial Tool
Annually, each RMLL Franchise should create a Budget based on their expenses and income to determine their player registration fee for the upcoming season.
The purpose of the Budget and Financial Tool is to determine a player registration fee that along with other income such as sponsorship, will assist in determining a Franchise is covering all their annual expenses. Annual expenses should include Franchise Playoff and Provincial expenses. For Franchises whose Division attends a National Championship, they may also wish to include a percentage of the expense of attending a National Championship in their annual budget.
Once completing the information in the Q&A workbook of the Budget Tool, an Income Statement Budget will be generated using the information entered in the Q&A workbook.