ProgramsMBA IMPACT Interterm (SPRING 2020)ProjectsFinancials for Acquine Therapy Horse Ranch

Project Title: Financials for Acquine Therapy Horse Ranch

Heart of the Horse

Details
Project Title Financials for Acquine Therapy Horse Ranch
Project Topics
Skills & Expertise
Project Synopsis: Challenge/Opportunity
Heart of the Horse is a 2-year old institution in Tucson, Arizona thatÔÇÖs growing very quickly. They now generate revenue using four different product categories, including Equine Therapy, Horse Boarding, Trail Rides, and Riding Training. In the last year, the company has scaled to over 150K in revenue and needs help tracking their revenue, expenses, and capital investments. At this time, most of their financials are hand recorded, so theyÔÇÖre looking for help converting performance into a modern format with an established process for keeping it up-to-date and current. TheyÔÇÖre also looking for help converting those financials into projections so they can begin to set realistic goals and think through the necessary requirements in order to reach new heights. Part of this exercise will also include goal setting for the business and providing recommendations on how the company can scale at a pace thatÔÇÖs manageable in the short and mid-term. The ranch is located in beautiful Tucson, Arizona and operates similar to a community center, with many diverse part-time employees that volunteer to help care for the property and the horses.┬á Students who enroll in this course will:
  • Learn how to establish practical financial statements that showcase basic business performance over time
  • Understand how to convert financial statements into projections using a set of key assumptions
  • Be able to coach an entrepreneur on how to use financial models and projections to set realistic goals for the business┬á
Prerequisites: This opportunity would be most ideal for students that are interested in outdoor, ranch-style living and building successful lifestyle businesses. Basic understanding of financial statements and modeling is a must.┬á PLEASE NOTE: Participants will be required to sign a non-disclosure project agreement regarding the handling of confidential information and intellectual property. Logistics: This ÔÇ£IntertermÔÇØ Immersion will be based in Tucson, Arizona. Students will need to secure transportation and lodging on their own. Additional details on travel can be found under ÔÇ£Travel Reimbursement DetailsÔÇØ at the front of this document.┬á
Project Synopsis: Activities/Actions Required
Project Synopsis: Expected Results

Project Timeline

Heart of the Horse - Financials for Acquine Therapy Horse Ranch
Due Date
Activities
Deliverables
Status
Action
Mon, 03/02/20
12:00 AM UTC
Program Kickoff
No Deliverables
No deliverables are required for this action item.
Location:

Program Managers

Name Organization
Alice Obermiller University of Notre Dame

Teams

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