Abstract
The purpose of this study is to improve the management environment through analyzing the business balance of Bundang and Ilsan Olympic sports centers, which are public sports facilities. In order to analyze the management balance, we analyzed the details of revenue, cost, profit & loss and fostering operation costs. We were able to deduce problems based on comparison with private companies. As a result of the management balance analysis, the profitability and cash flow of the Bundang and Ilsan centers were found to be lower than those of private companies. Especially, for Olympic Sports Center in Bundang, cash flow excluding depreciation, which is a non-cash flow item, appeared as negative. In case of Ilsan Olympic Sports Center, cash flow was calculated positively, but the net profit ratio was negative, so it was necessary to prepare various measures to improve profitability. Bundang and Ilsan Olympic Sports Centers were found to have a high labor cost structure due to their operation in the public sector. In particular, sales per unit of sales were about the mid to low end level of private scale companies. In order to improve management performance of the two centers, it is necessary to reshuffle the workforce by restructuring the workforce and focus on lucrative courses.
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