On February 21, 2011 Equestrian Professional.com will host a free seminar for horse professionals on the various options and legal considerations for setting up equine syndicates, partnerships and private sponsorships.
Event: How to Structure Equine Syndicates, Partnerships and Private Sponsorships
Date: February 21, 2011
Speaker: Yvonne Ocrant, Attorney at Law
Time: 5:00 pm Pacific 7:00 Central 8:00 Eastern
Format: Simulcast - attend via your phone or computer.
Syndicates and partnerships have long been a part of the racing world. Today, with the costs involved in purchasing and developing top level competition horses, equine syndicates and partnerships are becoming more popular in all disciplines.
Simply stated, equine syndicates and partnerships enable investors to own a fraction of a horse at a fraction of the cost. The risk is spread out amongst a group of owners rather than a single owner bearing the entire expense. This can make equine ownership and equestrian sports involvement more attractive to a wider variety of people. Increased involvement is good for the sport as a whole and can provide unique opportunities and benefits for both the horse professional and their clients.
Equine syndicates and partnerships can bring in much needed venture capital to horse professionals of all disciplines who have the skills but not the financial resources to purchase the horses necessary to reach their full potential in their equestrian careers and horse businesses.
They can also provide considerable value to clients and other investors who choose to participate. From tax benefits to profit potential and from the thrill of owning a top level horse to supporting the sport they love, the reasons for getting involved are as diverse as the horses themselves
Syndicates and partnerships come in a lot of different shapes and sizes, whether purchasing (or adopting) a group of ex-racehorses to retrain and sell, building value in a breeding stallion, or acquiring a million dollar grand prix horse - an important key to success is determining what type of structure (both legal and practical) is best for each situation
Equestrian Professional’s free horse business seminar, “How to Structure Equine Syndicates, Partnerships and Private Sponsorships” will cover the different options and legal considerations for structuring equine syndicates and partnerships.
This seminar can be attended via your phone or computer. It is free to all horse professionals but you must register to attend.
The free seminar will be followed by a special session for members of Equestrian Professional that will discuss strategies for marketing syndicates. For more information and to register for the seminar, interested parties may visit the Equestrian Professional.com website at www.equestrianprofessional.com or go directly to the seminar sign up page at www.equestrianprofessional.com/public/891.cfm
Equestrian Professional hosts monthly seminars/webinars on a wide variety of horse business topics. To learn more about Equestrian Professional’s Horse Business Seminar Schedule for 2011 click here or go to http://www.equestrianprofessional.com/public/896.cfm
