AGEQ 2310 Equine Business Management Spring 2017
CATALOG DESCRIPTION: Instruction in the management of the equine business. Topics include record keeping, insurance and liability, Marketing and advertising of horses and horse facilities, equine promotion and sales, marketing and advertising of horses and horse facilities, and employer relationships.
TEXTBOOKS & MATERIALS: Equinomics 101
STUDENT LEARNING OUTCOMES (WECM): Upon completion of this course, the student will:
(1) Initiate equine business records.
(2) Explain insurance and liability needs of equine businesses
(3) Summarize equine marketing.
(4) Identify the socioeconomic factors involved in the equine industry.
(5) Outline and demonstrate the proper procedure for show management
Other learning competencies:
- Outline a proper business plan
INSTRUCTOR: Cathy Luse Office Phone # 940-668-7731 Ext. 4318
INSTRUCTOR’S OFFICE: Ag Center 1606
E-MAIL ADDRESS: cluse@nctc.edu
OFFICE HOURS: By appointment or when in office
GRADING POLICY & PROCEDURES: Grading based on the following Scale and averaged for a letter grade
Grades will be allocated on a percentage scale as follows:
Midterm Exam 10% A 90-100%
Final Exam 15% B 80-89%
Bus Plan 30% C 70-79%
Case Studies 10% D 60-69%
Quizzes 20% F < 59%
Home work 15%
Total 100%
SCHOLASTIC INTEGRITY: Scholastic dishonesty shall include, but not be limited to cheating on a test, plagiarism, and collusion. See Student Handbook “Student Rights & Responsibilities: Student Conduct [FLB-(LOCAL)]” #18.
ATTENDANCE POLICY:
- Attendance and participation is strongly suggested to get the most educational benefit possible.
- Notification of an excused absence is too made before or right after class time through office phone, or e-mail. In case of an emergency it is the student’s responsibility to notify the instructor, and arrange for makeup of missed work. Permission to make up work for an excused absence will only be granted at the instructor’s discretion. It is the STUDENT’S RESPONSIBILITY to notify INSTRUCTOR, and arrange for makeup of missed work.
- NO make-up work for UNEXCUSED
COURSE OUTLINE: subject to change
Section l: Introduction to Horse and Ranch Accounting
Chapter 1 - Basic Accounting for the Horse Business
Chapter 2 - What is Accounting?
Chapter 3 - Basic Business Accounting Concepts
Chapter 4 - Financial Statement Terms
Chapter 5 - Depreciation and Accumulated Depreciation
Chapter 6 - Liabilities and Net Worth
Chapter 7 - Statement of Income
Chapter 8 - What is the Structure of my Horse Business
Chapter 9 - A Simple Filing System
Section ll: Principles and Issues of Horse and Ranch Financial Management
Chapter 10 - Barter and Like-Kind Exchange
Chapter 11 - Deducting Equine Travel Expenses
Chapter 12 - Compensation of Farm Employees
Chapter 13 - Insurance and the Horse Business
Chapter 14 - Collection Problems
Chapter 15 - Budgeting and Cash Management
Chapter 16 - Investment Analysis
Chapter 17 - Evaluating an Equine Investment
Chapter 18 - Bloodstock Agents
Chapter 19 - Horses: Business vs. Hobby
Chapter 20 - Materially Active
Section lll: Case Study, Night Moves Farm
Presentation of Business Plans:
Additional Information:
Scholastic Integrity Scholastic dishonesty shall include, but not be limited to cheating on a test, plagiarism, and collusion. See Student Handbook “Student Rights & Responsibilities” – Section II Student Handbook
http://nctc.smartcatalogiq.com/en/2016-2017/Catalog/North-Central-Texas-College-Student-Handbook/Section-II/Student-Rights-and-Responsibilities-Student-Conduct
NCTC Student Handbook:
http://nctc.smartcatalogiq.com/en/2016-2017/Catalog/North-Central-Texas-College-Student-Handbook
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Disability Services (OSD) The Office for Students with Disabilities (OSD) provides accommodations for students who have a documented disability. A disability is anything that can interfere with learning, such as a learning disability, psychological challenge, physical illness or injury. Accommodations may include extra time on tests, tests in a distraction reduced environment, volunteer note taker in class, etc.
On the Corinth Campus, go to room 170 or call 940-498-6207. On the Gainesville Campus, go to room 110 in the Administration (100) Building or call 940-668-4209. Students on the Bowie, Graham, Flower Mound, and online campuses should call 940-668-4209 to arrange for an intake appointment with OSD.
North Central Texas College is on record as being committed to both the spirit and letter of federal equal opportunity legislation, including the Americans with Disabilities Act (ADA) of 1990, ADA Amendments Act of 2009, and Section 504 of the Rehabilitation