Horse racing business plan

Or you need a sample horse breeding business plan template?

Horse racing business plan

Develop a Business Plan Buying a Thoroughbred racehorse is not a complicated process. But like many new matters, there needs to be enough planning and thought process beforehand to be sure you understand your goals, budget, timelines and overall objectives. If you've never owned a business before, the term "business plan" may seem foreign to you. But a good one can make the difference between success and failure, profit and loss. A business plan is vital even if you already own horse property and plan to expand its use to boarding horses and giving lessons. Or you need a sample horse breeding business plan template? If YES, then i advice you read on. Horse Racing Events-: Some of the best place to advertise your business include; print out fliers advertising your ranch, and share it on horse racing events. Tell people about your business, and use the internet. Because such event is for horse.

Her many years in the industry made her well suited for the services offered by the farm. Ereidi Farm functions as a quality thoroughbred breeding and training farm specializing in highly individualized care programs designed for each horse's needs.

Ereidi Farm has always focused on its clients and their equine investments and genuinely enjoys assisting clients. Our committment to our clients is long term, our focus has never ended at the point of sale - we are absolutely committed to the success of our clients and we go above and beyond the normal practices when providing our clients with all the information they require to make knowledgeable, informed decisions concerning their bloodstock investments.

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Due to the demand for our services, our farm is planning on relocating to a larger facility and is now in the process of incorporating to better facilitate the accounting end of the business management. The Product Ereidi Farm provides the following services to its market: Our programs are individualized and no horse is pushed through a program just to get the job done.

Horses graduating from our programs are confident, fit, healthy and relaxed about the work, they are winners!! We offer exceptional care for pregnant and foaling mares. Our rehabilitative services have horses from all states of the region arriving at our farm for post-operative work and therapy.

The thoroughness of our care insures that these athletes recover completely with minimal complications. All of the horses rehabilitated by the farm have gone on to useful careers, many returning to racing and running in improved form.

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Most importantly we provide "Full Circle" service for our clients. Our committment to their success is long lasting and at a depth not found in the racing community at large. The Market The thoroughbred industry continues to grow in the United States.

The racing industry within the state of Pennsylvania is poised for an explosive period of growth within the next year as slot machine legislation is approved and passed.

The demand for Pennsylvania-bred horses is on the rise as is the need to raise and train these individuals.

horse racing business plan

We have targeted these owners as well as brand new investors and Pennsylvania owners looking to upgrade their programs as clients for our expanded farm. Our marketing programs are focused on promoting using the venues that are commonly used by those in our target market.

Executive Summary This results in large payoffs for the few who are lucky enough to produce a champion.
Her many years in the industry made her well suited for the services offered by the farm.
To do this you need to start a horse racing business.

These programs are designed to bring potential clients to our farm, the location where sales are most frequently completed. We realize that technology is absolutely necessary in today's markets and we have embraced its use happily and with success.

Financial Projections Our farm has started out small for specific reasons, we are now looking forward to an expansion that will allow us to utilize all of our skills. He has 65 employees reporting to him. He will be mentoring the owner on the financials.

We expect profits for two reasons: Providing a quality facility that is attractive to our clients. Following through on delivering the quality of service that our marketing and facility images promise. Ereidi Farm has built its reputation by exceeding our client's expectations.

Everyone at Ereidi Farm has a deep commitment to our clients. We believe that constant communication, unquestionable integrity and our ability to provide "Full Circle" services are the hallmarks of the success and growth of our farm.

The facility must represent real value, selling for less than its cost to build and having a location that is targeted for long-term growth and development, thus increasing the value of the land. Land parcel must be suitable for other uses than farming to provide long-term development options.

Interstate access, both locally and regionally must be excellent. Land must be located in an area that has required support structures in place suitable to a horse farm. Get the entire sample plan and everything you need to customize it for your business.

horse racing business plan

Download Business Plan Pro today! Purchase Business Plan Pro today and get Magazine and free business planning ebooks.Fans of thoroughbred racing might find themselves interested in racing horses of their own. To do this you need to start a horse racing business.

Horse racing is no business for the timid entrepreneur.

Start a Horse Racing Business

It is a serious business that requires big capital investment and can give large payoffs if you can produce a champion. Ereidi Farm horse training business plan executive summary.

Ereidi Farm is an ongoing business providing colt training, broodmare care, racehorse rehabiliation and other services to the Thoroughbred racehorse industry/5(7). To do this you need to start a horse racing business. Specific requirements vary from one state to another; however, there are some general guidelines that apply nationwide.

Remember that horse racing is a tightly regulated industry and that you must always be in conformity with the law. The horse training sample business plan is exemplary in style and detail.

The owner knows horses and how to care for them in all conditions, race training, injuries, rehabilitation and foaling. The cash flow predictions are realistic, to break even in year one and achieve comfortable net profits from year two. Develop a Business Plan Buying a Thoroughbred racehorse is not a complicated process.

But like many new matters, there needs to be enough planning and thought process beforehand to be sure you understand your goals, .

Sample Horse Business Plans - THE THINKING EQUESTRIAN