Sitting down for the tennis at Wimbledon? You’ll appreciate that the tournament is big business as well as a great sporting spectacle. Jonathan Brown from our audit team, looks at parallels between the grass court grand slam and some of the issues that you might want to address in your own SME. Ace!
If you happen to be someone like Jannik Sinner, Carlos Alcaraz, Iga Swiatek or Coco Gauff, the Wimbledon tennis championships are all about peak fitness and performance on court. The world’s eyes are upon you for what is arguably the most prestigious of the four major grand slams. For those of us involved in the world of business though, it’s worth taking a step back and thinking about how The All England Lawn Tennis Club manages its £multi-million operation so successfully.
Here are just some of the principles we could apply closer to home:
Just as The Championships will have a diverse range of revenue streams – from broadcasting rights, ticket sales, sponsorship all the way down to selling pots of strawberries and cream – it’s important for you to look at ways your own company can diversify. Are you too dependent, for instance, on one source of income or one client?
“Since joining Page Kirk in 2015, I’ve progressed to HR Manager, leading recruitment, policies, communications, and staff support across the firm.”
The Page Kirk team ensures all content is accurate, fact-checked, and aligned with current financial standards.
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The Page Kirk team ensures all content is accurate, fact-checked, and aligned with current financial standards.
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The Page Kirk team is committed to providing content that adheres the highest standards for accuracy. We evaluate how the content of each article aligns with current financial procedures and standards. Therefore, the information presented in this article is accurate and up-to-date.
“Since joining Page Kirk in 2015, I’ve become HR Manager, overseeing recruitment, policies, communications, and staff support.”
The Page Kirk team ensures all content is accurate, fact-checked,
and aligned with current financial standards.
