Graves and family. A successful business career culminating in a final position as U. The full implementation of this plan requires no further employees, nor business locations, thus providing for the lowest possible operating costs without sacrificing any revenue potential.
Rather, it concentrates on providing a full range of traditional products with a powerful and unique addition through e-commerce, event attendance, and home based sales. It is of critical importance at the outset of reviewing this business plan, that the reviewer be willing to break some general preconceptions over the general nature of GFX business.
GFX is not a farm. GFX is not a horse ranch. GFX is a Web-centric, event vendor, and retail location resale company. In example 1 above, this option simply does not currently exist for the horse buyer virtually every other type of pet, but not for horses.
This leaves the buyer with the choice of paying too much for something they do not need, or buying through unscrupulous sources that more often than not, lead to a bad and dangerous purchase. In example 2 above, tack and equine supply companies are a traditional and solid business. However, not a single tack shop takes maximum advantage of the symbiotic requirements of the horse and the supply.
Every horse buyer is a potential tack and supply customer. Every tack and supply buyer is a potential horse buyer. It is only logical, and an unfilled market niche, to combine the two, thereby offering the buyer a 1-stop shopping opportunity.
And yet, not a single company has applied these most fundamental business practices to this massive market. GFX will operate a retail location at our location.
Refine by x Clear. Free Premium Brochures Business Cards Letterheads Postcards Newsletters Flyers Posters Ads Stationeries Cover Pages Resume Templates Infographics Logos Web Elements Product Mockups Agriculture and Animals America Business Business Concepts Construction We however have certain strategies in place to combat whatever threats we are likely to face.
Horses are used for a whole lot of activities and according to a study, these horses are used for a number of activities such as racing, showing, competition, breeding, sport, work, recreation and a whole lots of other activities. These other activities can be referred to as farm and ranch work, polo, carriage horses, police work, and certain informal competitions. This therefore shows that the industry is highly diverse as it combines rural activities of breeding , training, riding and maintaining of these horses to the urban activities of horse shows, racetracks, public sales as well as other such activities.
The trend as regards horses is that it is best for them to be outdoors; this is why starting a horse breeding business is not only hard and capital intensive but also risky as well.
Horses cannot be kept in stalls always, and so need to be out for training and for other purposes as well. Our location here in Dallas — Texas, is very strategic and will therefore ensure that our target market will be easily reached. We have conducted a thorough market research that will enable us have an idea of what we should expect from our target market so as to allow us draft the right strategies.
Our competitive advantage. Our intention of starting a business is to ensure that we produce and breed quality horses for use by our different customers for various purposes and be the preferred horse breeding farms for all our customers here in Dallas — Texas and all over the United States of America.
We intend to offer various services that will enable us gain a huge share of the target market at the expense of our competitors. Another competitive advantage is that our facility is of a high standard that will ensure that the qualities of our services are high. We intend to employ competent and professional employees that have vast experience and are also attuned to our policies to our management team and also ensure that our policies are well implemented.
We also intend to source for and employ only the best employees that are ready and committed to ensuring that we achieve our intended goals and objectives. All our employees have an excellent customer service culture.
Gallop Horse Breeders, LLC has been established with the aim of maximizing profit in the equestrienne and horse industry here in Dallas — Texas with the intention of providing the intended products and services to our wide range of customers.
One certain fact is that there will always be use for horses either for sports, recreation or some other purposes, which means there will always be a demand.
Our location in Dallas — Texas means we are strategically positioned in order to be able to take on the available market locally as well as nationally all over the United States o America. Our strategic positioning also means that we will generate enough revenue before the end of our loan repayment year.
Our act comes from the critical evaluation that we have conducted on the horse breeding market here in Dallas as well as all over the United States of America. Our analysis has led us to come up with a sales forecast after analyzing our chances in the industry.
Our analysis was based on certain facts and assumptions that were gathered from similar start-ups such as ours and located here in Dallas — Texas. It should be noted that should there be any changes in the above factors, it would affect the sales projections, and might lead to an increase or decrease in figures. There are several factors that are important when it comes to marketing a horse breeding farm.
Even though marketing is very important for every business, it is more important for a horse breeding farm business because lack of marketing the business will lead to people not being aware of the business and invariably loss to the business. However, in order to have the best strategies or the business, it is best to conduct a thorough market survey that will allow one know what the target market requires and how best to penetrate the market and gain a huge share of customers as well as favorably compete against other competitors in the same location.
In order to perform a credible market survey, information and data has to be utilized from not only similar start-ups but also already established horse breeding arms in and around the locality. For this purpose, we are seeking the services of a reputable marketing consultant who has a thorough understanding of the market to help us develop marketing strategies that will help our business gain a large share of the available market here in Dallas — Texas and throughout the United States of America.
We also have empowered our marketing team to collaborate with the marketing consultant and ensure that the strategies drafted are in line with our core values and principles as a business. We would make massive use of the internet to promote and raise awareness about our horse breeding farm. We will promote certain promising foals and bloodlines so as to stimulate the interest of existing and potential customers in our horse breeding farm. Finally, below are some of the strategies we would adopt in order to market our products and services at Gallop Horse Breeders, LLC;.
Having the right publicity is very vital for our business because as a horse breeding business, we need to be visible at all times if we intend to not only generate revenue that would boost our bottom line but also be able to favorably compete against other competitors whilst promoting Gallop Horse Breeders, LLC.
In order to ensure that we draft the right publicity strategies, we intend to hire the services of a brand consultant that understands the horse market and is experienced enough in promoting brands of our kind to our target market. We intend to build on several publicity strategies that will not only promote our brand beyond the borders of Dallas — Teas but also positively communicate Gallop Horse Breeders, LLC round the whole United States of America.
In setting a price for our horses, it would depend on a whole lot of factors such as the quality of the breed, the bloodline and what purpose the horse will be used for. We are aware that our prices will also vary depending on if the customer intends to buy or hire our horses.
We would create a strategy that would allow for a blanket pricing depending on what package our clients are looking for. However, due to the fact that we are just starting out in this business and in order to attract more customers to our business, we intend to for the first few months when our horses are mature give out discounts and other incentives to our various customers. Because we would be offering other services and products during this period, we would like to state that even though we would run on a low profit margin during the few months that we would be offering this discount, but we would not run at a loss at any time.
Due to the fact that we would be offering several services here at Gallop Horse Breeders, LLC; we intend to ensure that we give our various customers the options of having different payment policies that will suit them. The payment options that we will therefore make available to all our clients include;.
In view of the above, our payment options were chosen after careful deliberations and will work conveniently for us and our customers without any hitches.
Starting up and running a standard horse breeding farm business can be very capital intensive due to the several things that the bulk of the capital will be going into spending. For a start, one would need to spend most of the capital on purchasing foals, paying salaries as well as utility bills.
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