Developing digital tools to manage the profitability of equestrian structures
A tool to evaluate the profitability of an equestrian center can be useful to the managers of these establishments. Such a tool should allow them to know quickly and with few indicators if the riding center is in good economic health, if it is profitable or not, in order to estimate, for example, the capacity to invest in new equipment.
Such a tool should aggregate several criteria (number of horses on the riding school, number of hours worked per week per horse, number of employees working on the school, etc.) and compare them to the turnover of the riding school in order to get a first quick evaluation of the economic situation of the school. This tool will show which criteria need to be improved to achieve better profitability. It can help to increase productivity, optimize the use of resources, increase the farm's income and optimize the use of inputs.
This tool does not replace the work of a consultant, but can give an initial idea of the economic situation of the equestrian center. Such a tool is EQUIPILOTE. Learn more about it on https://fairshare-pnf.eu/tool-details/5fa129cb3aa62c0b9acfaac0
FAIRshare. Farm Advisory digital Innovation toolsRealised and Shared
Ongoing | 2018-2023
- Main funding source
- Horizon 2020 (EU Research and Innovation Programme)
- Geographical location
- Ireland