Young Men's Christian Association

1028 Words3 Pages

Y- Mission Statement The Y has become an essential part of people’s lives throughout the many different nations. From their exercise facilities, school and child care system; it is a very effective business in that it can cater its services to a broad range of socioeconomic classes depending on their varying backgrounds. The mission statement of the Young Men’s Christian association is “to put Christian principles into practice through programs that build healthy spirit, mind and body for all.” The religious aspect may have been what founded this organization, but it is not what allows it to continue thriving. It is from the company’s ideals and positive business sense has continually proved itself. Y- Goal The Young Men’s Christian …show more content…

One-third of that is obtained from membership and the rest is accumulated through program fees, the government, contributions from individuals and foundations. The Y is listed as one of the sixth largest charities in the Forbes 2015 ranking of the 50 largest charities. Although some associations are struggling to raise the funds necessary for their programs, the Y is a thriving charity. However, without the support of communities and donors it would be hard pressed to …show more content…

Commercial Service). Business dealings are usually made in U.S. dollars, and Lebanese institutions have American banking relationships that facilitate financial transactions (U.S. Commercial Service). With these given facts the circumstances are suitable for the Y to pursue a venture into the city of Beirut. Provide a high-level description of potential sales and revenue growth opportunity that your target nation provides. Building a Y in the heart of Beirut presents many different opportunities and challenges. It might be in the best interest to seek existing space for rent. But, the Y can provide sports programming for all ages, programming such as exercise equipment and class, swimming, basketball, soccer and child care for anyone interested in participating in the sports programs. It would be a necessity to have the structures in place. The Sports and fitness industry is a booming industry in the Beirut area. According to, Emile Baroody, Vice President of Baroody Group, a sports company which represents Technogym, a commercial fitness equipment brand, stated that the growth ranges from 15 -20 percent over the last five years, based on his own estimates. This validates the present opportunity for a potential Y to capitalize on a growing industry in the city of

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