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Horse Training Business Plan

Ereidi Farm

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Management Summary

The current management team consists of the owner and her husband.  As expansion occurs we will expand our personnel as required beginning with a training manager to oversee the actual training of the horses.

As growth continues we will need to expand management opportunities into the broodmare, young stock, financial and maintenance areas.  Long-term development might include a Stallion manager as well.  All will report to the owner and the owner will maintain an in-depth contact with all horses on the farm as well as the clients themselves.

7.1 Personnel Plan

The Personnel table indicates the number of employees required during the initial expansion.  This table will grow as the farm fills with client horses.

Additional employees that will be added during the expansion phase will be:  additional grooms, exercise riders, maintenance workers, broodmare specialists and office workers.  A stallion manager and specially skilled stallion grooms will be long-term additions.

Personnel Plan
FY 2004 FY 2005 FY 2006
Owner $14,000 $24,000 $36,000
Head Trainer $14,000 $24,000 $30,000
Groom 1 $7,218 $14,436 $15,900
Groom 2 $4,812 $14,436 $15,900
Total People 4 4 4
Total Payroll $40,030 $76,872 $97,800
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Personnel Plan
FY 2004 FY 2005 FY 2006
Owner $14,000 $24,000 $36,000
Head Trainer $14,000 $24,000 $30,000
Groom 1 $7,218 $14,436 $15,900
Groom 2 $4,812 $14,436 $15,900
Total People 4 4 4
Total Payroll $40,030 $76,872 $97,800