Equine Business Management
ANSC 161 - Equine Business Management
I. ANSC 161 - Equine Business Management
Credit Hours: 2 (8W2: October 15-December 14, 2012)
Instructors: Global Equine Academy (Gene and Sandy Miller)
Office Hours: 8:00 a.m. to 4:00 p.m. Monday-Friday
Email assignments and questions to: firstname.lastname@example.org .
Text: Guide for Horse Business Success by Janet E. English
II. Course Description
Since the equine world is now big business, students must approach training or breeding operations as a business. Students will study the forms of business, income tax considerations, develop a business plan, insurance considerations, liability programs, records, hobby versus business, agreements and contacts. Fall. Course fee required.
We will take a look at the business side of the equine business. Since the equine world is now big business, we must approach our training or breeding operation as a business. Students will study the forms of doing business, income tax considerations, develop a business plan, insurance considerations, liability problems, records, hobby versus a business, agreements and contracts. We will relate many of the principles to real life experiences so they will be easier to remember.
III. Student Learning Outcomes
A. University Student Learning Outcomes: Graduates of Dickinson State University will:
I. Demonstrate knowledge of human cultures, the humanities, the social sciences, the fine and performing arts, and the physical and natural worlds.
II. Demonstrate the intellectual skills of inquiry, mathematical reasoning, quantitative and qualitative analysis, critical and creative thinking, and problem solving.
III. Demonstrate written, oral, and visual communication skills, information literacy, and technological skills.
IV. Demonstrate knowledge of personal and community health and wellness.
V. Demonstrate responsible ethical reasoning and social and intercultural engagement.
VI. Demonstrate advanced accomplishment in discipline-specific performance.
VII. Demonstrate integrative learning across the curriculum.
B. Program Student Learning Outcomes: Agricultural Studies graduates will be able to demonstrate a/an:
I. Range of concepts and methods useful in agri-business decision-making in at least one of eight areas of specialization: Business/Marketing, International Agri-Business, Integrated Farm Management, Integrated Ranch Management, Natural Resource Management, Range Management, Soil Science and Equine. (This learning outcome directly addresses Institutional Learning Outcomes I, II, V, and VI.)
II. Mastery of problem solving and effective communication skills to face challenges encountered in professional careers. (This learning outcome directly addresses Institutional Learning Outcomes I, II, III, V, and VI.)
III. In-depth understanding of a specific issue facing agriculture demonstrated by the completion of their capstone experience. (This learning outcome directly addresses Institutional Learning Outcomes I, II, III, IV, V, and VI.)
IV. Basic proficiency in specific approved practices in modern agriculture. (This learning outcome directly addresses Institutional Learning Outcomes II and VI.)
V. Basic proficiency in the use of financial and GIS computer software. (This learning outcome directly addresses Institutional Learning Outcomes II, III and VI.)
VI. Basic knowledge of specific livestock and farm production practices of the Northern Great Plains. (This learning outcome directly addresses Institutional Learning Outcomes I, II, V, and VI.)
VII. Proper and effective use of both oral and written communication skills. (This learning outcome directly addresses Institutional Learning Outcomes I, II, III, and V.)
C. Course Student Learning Outcomes: Students taking this course will be able to:
I. demonstrate business skills needed to manage an equine facility.
II. develop and write a detailed business plan ready to take to a banker to get financing for an equine business.
III. explain the insurance and liabilities needs of an equine facility.
IV. demonstrate the records needed for an equine business.
V. More detailed learning outcomes are listed at the beginning of each lesson.
IV. Course Content Outline
Week 1: Economic and Business Essentials
Hobby or Business
Week 2: Avoiding Liabilities
Week 3: Planning for Success
Students will start learning how to develop a business plan.
Week 4: Students will develop a sample business plan.
Week 5: Employees and Independent Contractors
Services and Contracts
Week 6: Horse Records
Computer and Software Assistance
Week 7: Understanding Accounting and Taxation
Week 8: Finish Taxes
Agreements and Contracts
V. Teaching Strategies
Various teaching strategies will be used including online lectures, evaluation of reading assignments, online tests, and a written research paper.
VI. Assessment of Performance
I. Tests - 25%
II. Assignments or Projects - 25%
III. Final Test - 50%
B. Quizzes and Tests: Quizzes and tests are taken online. For the final, a student must identify an independent proctor and the is taken online and proctored at a testing center or other approved proctors.
C. Absences: Students are expected to complete three assignments or lessons each week for class. Each lesson will have an online quiz at the end of the lesson and the grade will be sent automatically to us. This feature enables us to keep track of a student's progress. If a student does not complete the lessons for the week by 8:00 a.m. on Monday morning, it will be counted as an unexcused absence and the grade or lesson will be lowered one letter grade. If a student needs to work or be gone for the week for some reason, please contact us and we will not count it as an unexcused absence.
D. Academic Honesty: Instances of academic dishonesty will not be tolerated. This applies to both tests and assignments. Students are expected to complete their own assignments and submit their own work. Students who use or provide others with access to computer materials will be held responsible for their actions. Please review the DSU Student Handbook for the consequences of cheating.
Every effort has been made to present all of the scientific information as accurately and up-to-date as possible. The use and results of this information depend on a variety of factors not under control of the instructors in the class. The authors also recognize that the information is subject to change from year to year. Therefore, neither the author nor instructors for the class assume any responsibility for, nor make any warranty with respect to, results that may be obtained from the information taught in this class. Neither the Global Equine Academy nor its owners shall be liable for any information contained in this class, whether with respect to taxation, liability, contractual agreements, or by reason of any misstatement or inadvertent error contained in the class. Students are encouraged to procure the services of a CPA and an attorney for specific advice on taxation and legal issues, according to the short-term and long-term goals of the individual horse business.
Accommodation for Disability
Students with disabilities who believe they may need an accommodation in this course are encouraged to contact the Coordinator of Disability Services at 701-483-2999 in the Academic Success Center to ensure that accommodations are implemented in a timely manor.
GEA and DSU do not sanction or tolerate academic misconduct by students. Academic misconduct such as cheating on exams, plagiarism, etc. is defined in the Dickinson State University Student Handbook under Code of Student Conduct, Article III. The instructor has the right to assign “zero” points to a test, assignment, project, etc. or give a course grade of “F” when there is evidence of academic misconduct.
VI. Campus Violence/Sexual Harassment
GEA and (DSU) is committed to providing a positive respectful and productive work and learning environment free from behavior, actions or language constituting harassment to all employees, students, and visitors. Harassment is a form of offensive treatment or behavior which, to a reasonable person, creates an intimidating, hostile or abusive work or learning environment. It may be sexual, racial, based on gender, national origin, age, disability, religion or a person's sexual orientation. Sexual misconduct is prohibited in all forms, regardless of intent to harm. Sexual assault, sexual exploitation, coercion and sexual harassment are examples of sexual misconduct, and all are prohibited.
Students should report incidents or information related harassment and sexual misconduct. The DSU Campus Violence / Sexual Harassment Policy and reporting guidelines are found in the DSU Student Handbook. Campus-wide policy dissemination is required by federal law and implementation of this policy is guided by the U.S. Department of Education, Office of Civil Rights.
Online Guided Instruction Time Estimates
Quiz- 18 occurrences 20 minutes each 360 minutes
Midterm or Final- Business plan 5 hours 300 minutes
In-Class formal Writing Assignment- 2 occurrences 30 minutes a page 60 minutes
In-class reading of Linked Article- 5 x 2 pages 10 min./page 100 minutes
Read online lecture- 66 pages 10 minutes each 792 minutes
Textbook reading time not included in this estimate.
Total minutes- 2,032 minutes of class time.
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