Business Board The Story – from idea to innovation!

It all started with a dream! To create a tool that simplifies everyday life for decision-makers. During a training course for club managers, we realized there was no efficient way to manage key performance indicators and create clear decision support.

Our solution? A digital tool that not only saves time, but also revolutionizes how companies and associations analyze, budget, and present their finances.

Today, Business Board is much more than just a project – it is the smart tool of the future for all types of companies and associations. Want to save time and make better decisions? Book a demo and experience the difference!

Business Board is developed by Sport Boss AB.

Once upon a time …

Our journey together began at GKCU – Golf Club Manager Training at IHM, from 2016 to 2018. We decided to work on our thesis together and explored several different ideas – ultimately, we chose Business Board!

The idea

We saw a need for clear and easy-to-understand financial decision support that could be quickly prepared and presented at budget, management, and board meetings.

We noticed that calculations for key performance indicators were often missing. The idea initially focused on a system for golf clubs, but it has now evolved to serve all types of companies, non-profit organizations, and foundations.

The focus of the tool was to save time and to be used throughout the entire year. It needed to be easy to update, import, and compile information, enabling efficient tracking of statistics and the ability to make long-term forecasts.

Time is money, and we observed a reduction in administrative time by as much as 180 hours, which corresponds to approximately one month’s salary per year.

The thesis was built in Excel, with multiple tabs and formulas linked to all data and statistics. We had tabs for Financial KPIs, Cash Flow Forecast, Membership Calculations, Play Calculations, Profit & Loss and Balance Sheets, and Sports KPIs.

The plan was to consolidate everything into a clear dashboard, with the primary results presented in an easy-to-read format, including KPIs, Liquidity, Revenue, Play Statistics, and NPS, connected to the different modules so that all data is always up to date.

The idea was to avoid getting too deep into the details, so that the dashboard alone could be used as a presentation at board meetings. This way, we aimed to create more space for strategic discussions and future planning during the meetings.

The name of our thesis project became BOSS – Budget and Strategic Simulation.

After graduating in 2018, we contacted Tieto Evry and began a collaboration. The following year, we registered our company, Sport Boss AB, and also had our first demo version ready, which was presented at Golfträffen, Hotel Tylösand. The tool was still called BOSS, and we had a simple version with play and membership calculations.

High Five

A great help for us was being accepted into High Five in Halmstad.

H5 Business is an incubator program that helps entrepreneurs turn ideas into companies. We have received support with many important strategic decisions and progressed through Gate 1, 2, 3, and 4

A beloved child has many names…

Our thesis project was renamed from BOSS to Springboard, but after a rejection from PRV, we had to rethink. In April 2021, the trademark application for Business Board was submitted.

In June 2021, the trademark was finally registered, and we also secured the domain businessboard.se. Everything was finally falling into place – “Let the show begin!”

Our Vision

We now see that Business Board can be used not only in golf, but also for all other sports, as well as for all types of companies, non-profit organizations, and foundations.

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Never Ending Story of Business Board

Business Board is now the market’s first digital tool for tracking occupancy, membership statistics, full accounting, and key performance indicators at a golf club. It collects information and KPIs in ONE system via integration/API, providing clear real-time decision support for action, enhanced profitability control, and strategic simulation.

Business Board is also available in ECONOMIC, tailored for all types of companies, non-profit organizations, and foundations.

Book a presentation and we’ll show you how to streamline financial reporting with clear, easy-to-understand charts and tables.

Interested?

Book a demo via Teams or try Business Board for free by signing up for Freemium!

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