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Business management for the equine industry / Sharon Eastwood, Anne-Lise Riis Jensen and Anna Jordon.

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LIBRA HD9434.G7 E37 2006
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Format:
Book
Author/Creator:
Eastwood, Sharon.
Contributor:
Jensen, Anne-Lise Riis.
Jordon, Anna.
Language:
English
Subjects (All):
Horse industry--Great Britain--Management.
Horse industry.
New business enterprises--Great Britain.
New business enterprises.
Management.
Great Britain.
Physical Description:
x, 158 pages : illustrations ; 25 cm
Place of Publication:
Ames, Iowa : Blackwell Pub., 2006.
Summary:
This book bridges the gap between modern business theory and equine business practice. After providing overviews of the equestrian industry and the livery sector as a detailed example, Part I (Assessing a Business) sets out how to access the business environment, externally, competitively and with regard to its internal resources.Part 2 (Management) goes on to deal with resource management, and how to go about strategic planning and marketing, concluding with an overall Business Plan. Part 3 sets out a series of case histories to illustrate the principles as discussed in Part 1 and 2.
Contents:
Part 1 Assessing a Business
2 The British equine industry 7
Manufacturing and breeding 9
Owners and riders 13
The service sector 25
3 The livery industry 27
Range of services available 28
Variation of charges 30
Facilities offered 33
4 The external environment 35
How do we get the information? 36
Framework for the analysis 37
Political factors 39
Economic factors 41
Social factors 43
Technological factors 45
Legal factors 46
Environmental factors 50
5 The competitive environment 53
Framework for the analysis 54
Rivalry from existing competitors 55
Threat of new entrants 56
Bargaining power of suppliers 57
Bargaining power of customers 57
Threat of substitute products 58
6 The resource appraisal 59
SWOT analysis 60
Resource appraisal 61
Part 2 Managing a Business
7 Resource management 75
Equine resources 75
Physical resources 76
Human resources 78
Financial resources 80
Risk assessment 83
8 Strategic planning 85
Assessing the situation 86
Setting targets 87
Devising the strategy 89
Military theories 90
Porter's generic strategies 91
Assessing the options 95
Implementation 97
9 Marketing 101
Market analysis 102
Market research 103
The marketing mix 104
Marketing strategies 107
The marketing plan 110
10 The business plan 113
Covering letter 113
Title page 114
Contents page 114
Current market situation 114
Existing business 115
Proposed development 115
Project schedule 115
Marketing plan 116
Finance plan 116
Critical risk assessment 116
Sensitivity analysis 116
1 The small DIY yard 121
2 The small competition yard 128
3 The commercial livery yard 136
4 The equestrian centre 144.
Notes:
Includes bibliographical references (pages 153-155) and index.
ISBN:
140512606X
9781405126069
OCLC:
58452027

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