Writing business plans and encouraging investors

StealingKat · Postby **StealingKat** » Tue May 03, 2005 5:24 pm

Does anyone on this board have experience writing business plans? I would like to encourage investment in our thoroughbred breeding farm. The land is owned outright with no mortgages and only two of the mares are not owned outright. Primary market is yearling sales but would be willing to race as well. Any ideas and suggestions would be greatly appreciated.

Bogataj · Postby **Bogataj** » Wed May 04, 2005 5:52 am

Try:

http://www.toba.org/ownership/business_plan.html

(you'll get some basic info that should help you even with your own planning)

and from there they'll link you to:

http://www133.americanexpress.com/osbn/ ... /index.asp

Good luck!

Borut

Intrinsic Worth · Postby **Intrinsic Worth** » Wed May 04, 2005 10:31 am

As a graduate of UofL's equine business program, my advice is don't plan on getting investors.

StealingKat · Postby **StealingKat** » Wed May 04, 2005 10:47 am

The business is doing very well without investors. However, I went to FCC for an expansion loan. The bank said " we are no longer doing loans on horse farms as they are not livestock". I can get loans for equipment , fencing, barns (only if I board outside horses) I have had no bank loans to date and was looking for a way to step up. I live in an asian community and have been asked repeatedly if there was a way they could become part owners. To do this I will need a business plan . Hopefully that clarifies the initial post a bit better.

ZiaLand · Postby **ZiaLand** » Fri May 06, 2005 11:04 am

Bogataj, thanks for posting those websites. Great basic information for those of us in the "starting-up and struggling" category.

Laurie