Revenue planning is the process of forecasting the revenue for an organization and then making decis

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Revenue planning is the process of forecasting the revenue for an organization and then making decisions on how the revenue will be allocated against the expenses and the investments. There is a need for sports organizations to have revenue planning as part of their management practices. The following are some of the importance of revenue planning for sports organizations. Sports organizations need to plan on the expenses to be incurred in their operations. All the activities have to be accounted for to ensure that all the activities receive the financial requirements. Revenue planning ensures that the investments done by the sports organizations are well funded.

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