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.
Simply stated, the Internal rate of return (IRR) for an investment is the percentage rate earned on each dollar invested for each period it is invested. IRR is also another term people use for interest. Ultimately, IRR gives an investor the means to compare alternative investments based on their yield. Mathematically, the IRR can be found by setting the Net Present Value (NPV) equation equal to zero (0) and solving for the rate of return (IRR).