Sponsorship is not charity, it is a two way business deal. In return for giving space on your kart for the sponsor s name, perhaps supplying your kart to that company for special events, maybe providing hospitality at race meetings for the sponsors guests, they give you money or products to help with your racing.
ICR is Saskatchewan's largest privately owned real estate company with offices in Saskatoon and Regina; as well the company services Saskatchewanâs secondary markets.
DEFINITION of 'Internal Rate Of Return-IRR'. A metric used in capital budgeting measuring the profitability of potential investments. Internal rate of return is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero. IRR calculations rely on the same formula as NPV does.