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• The largest faclllties generally run the largest deficits. <br />• The fatal flaw of large facility failures usually involves overly ambitious ancillary <br />activities such as administration facilities; restaurants, meeting rooms, etc. <br />• Converting to a year-round operation sometimes increases costs without <br />substantially Increasing revenues. <br />• It is necessary to book multiple events. <br />• Multi-day events should be targeted. <br />• Equestrian events should be marketed in conjunction with other community <br />attractions and activities. <br />• Non-equestrian events pay higher fees and are critically important generators of <br />revenue. <br />• Non-equestrian events are far less labor intensive. <br />• Horse ~roups are highly supportive fn the formation process, but often balk at <br />fees later on. <br />• Most facilities make excru·sive food concession contracts. <br />• Retail concessions are generally left up to event promoters. <br />• . ~anagement wiU tell event promoters security requirements, but do not require <br />the use of the facility's security personnel. <br />• · Eight of the twelve facillties contacted use private contractors for disposal of <br />manure and shavings. <br />• The more successful facilities minimize full time staff and rely on part-timers· for <br />events. <br />• Eight of the ten facilities we _re multi_ple use. <br />• Most facilities require a certificate of Insurance with one millfon· dollars bodily <br />injury and 50 thousand to one million dollar damage minimums. <br />• Public boarding often conflicts with show management. <br />• Motels and restaurants are primary among local business beneficiaries. <br />• Minimum stabling size Is 400 horses. <br />• There is a burgeoning of horse parks across the country. Most managers felt <br />22