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CASH FLOW & TENNIS
August 21, 2022

Why does a teenager who wants to be a pro tennis player need to know how a CASH FLOW spreadsheet works?

Investment Vs. Expense
August 19, 2022

There are 2 ways to spend money. The first is to invest it in an asset that makes money for you. An example is for a coach to invest in a stringing machine or in a ball machine.

The Business of Tennis
August 18, 2022

This is the first in a series of articles about Succeeding and Making Money in Sports. As Athletes we wanna do what we do best: play our sport. As coaches we wanna teach our sport.

Welcome to the TennisPro.biz Blog
August 17, 2022

TennisPro.biz offers FREE crash courses to athletes in business. Subscribe to our newsletter and you’ll receive advice on how to design a simple but powerful business plan for yourself so you can succeed in professional sports.

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One-on-One Business Consulting for Existing Tour Professionals
  • Plan the optimal tournament mix for the year. Optimize travel expenses & maximize points & revenues. Which tournaments can I skip? Should I play doubles?
  • A month-by-month schedule with detailed incoming & outgoing cash flows. Plan your cash needs & avoid financial stress. Find out if you’re making a profit without waiting a year for your tax returns.
  • Develop the basic knowledge that will help you understand what your business manager and CPA are doing with your earnings. How much should be put away for taxes? for a down payment on a house? for retirement?
One-on-One Consulting to Aspiring Tour Professionals
  • How to create a business plan for the 2-3 year ITF tour needed to break into the ATP/WTA.
  • How to raise money from family/tennis sponsors and how to create performance & financial reports for your backers. See Sample Presentation.
One-on-One Consulting for Owners or Directors on How to Analyze Profitability and Grow the Business to Earn More Profits

How to use spreadsheets to scale your tennis business. Can I hire more coaches and how much should I pay them? Why are summer-camps so profitable? What’s my monthly break-even number? Am I making a profit? Can I go on vacation? Should I incorporate?

Group Seminars for Students Enrolled in Boarding Tennis Academies

Basic Business Literacy and how to apply it to the tour. This 3-part student seminar will cover:

Google Sheet Basics – Where students will instantly learn how to use spreadsheets; the tool that will help them manage their earnings & savings.

Profit & Loss Basics – How to budget & track revenues & expenses on a monthly and annual basis. How to set financial goals and map the road.

Cash Flow Basics – How to create spreadsheets that will monitor month-to-month cash-flow; plans your cash needs and avoid financial stress.