How To Host The Perfect Summer Throwdown: Pay Attention to the Finances
So you’ve decided to host a summer throwdown! Before you head to social media to recruit your athletes and post flyers around the gym, it’s important to nail down several key elements of planning. In our last series, we discussed the need to think through four key elements of the competition before making it official:
- Logistics
- Finances
- Programming
- Press & Communications
We also dove into how you can plan for all the logistical elements of your competition. If you haven’t already, you can read through that here.
Today, we’ll be digging deeper into the financial elements of a competition, and how to make a summer throwdown work for both your affiliate’s, and the competitors’ bank accounts. Here are some questions to get you started.
Do you want to make money or just break even?
Some competitions are designed to be money-makers or fundraisers. Some are designed simply to break even while rallying community support. Here are several financial formats of the competition you can utilize based on your goals.
This content is available exclusively to Members
Become an member and start enjoying full access to all our community and sports content, and an ad-free experience.
- Exclusive content
- Ad-Free web/app experience
- Comments on articles
- Exclusive 15% WIT discount
- $1 per month for the first 4 months, $8 each month after
- Exclusive content
- Ad-Free web/app experience
- Comments on articles
- Exclusive private Facebook Group
- Regular coffee breaks hang outs
- Exclusive 15% WIT discount
billed annually
Already a member? Log In.
Get the Newsletter
For a daily digest of all things CrossFit. Community, Competitions, Athletes, Tips, Recipes, Deals and more.
"*" indicates required fields
