Syllabus Acceptance Sheet
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1 SCOTTSDALE COMMUNITY COLLEGE Division of Applied Sciences EQUINE SCIENCE EQS 130 #36062 EQUINE BUSINESS AND LAW Syllabus Acceptance Sheet Name: (print, last name first) Class (course no., title) Semester Date I have received a copy of the course syllabus for this class. Along with the instructor s discussion of the contents of the syllabus, I have read it and understand class objectives, procedures and what is expected of me to earn credit and a specific grade for this class. Signature:
2 SCOTTDALE COMMUNITY COLLEGE Division of Applied Sciences EQUINE SCIENCE EQS 130 #36062: EQUINE BUSINESS AND LAW Monday 6:30pm 9:10pm AP 217 Instructor: Angela Carmitchel, MBA Syllabus and Course Outline Fall 2014
3 SCOTTSDALE COMMUNITY COLLEGE Division of Applied Sciences EQUINE SCIENCE EQS 130 #36062 EQUINE BUSINESS AND LAW SYLLABUS I. Course Description: Practices and records used in the equine business. Includes record keeping systems and basic accounting principles; taxes; personnel management practices; computer programs for record keeping and operations management. Addresses legal aspects and laws unique to equine businesses. II. Course Competencies: 1. Identify and describe the methods of conducting an equine business. 2. Explain the differences between a horse business and a hobby operation. 3. Identify the nine factors used by the IRS to show profit intent. 4. Describe employer requirements related to hiring employees and independent contractors. 5. Identify and describe various components of an effective equine record keeping. 6. Identify and describe various equine accounting principles and practices. 7. Describe various debt collection practices and procedures. 8. Identify and describe the specific components necessary to develop each type of equine contract and outline the legalities associated with each. 9. Identify and describe major insurance and liability issues in the equine industry. 10. Identify and describe brand laws and other legal requirements that affect the equine industry. 11. Identify and describe customer services policies and practices of a successful business. 12. Develop a marketing plan for a specific segment of the equine industry. 13. Identify and describe the major components needed to develop an effective business plan. 14. Draft a viable business plan for an equine business. III. Prerequisites: None IV. Teaching methods, Tools and Learning Activities: A. Lecture B. Guest Speakers C. Online Articles D. Textbook
4 E. Group and Individual Projects It is a college policy to provide reasonable accommodations to students with documented disabilities. If you would like to request accommodations due to a physical, mental, or learning disability, please contact the Disability Resources office, SC-144, V. Time Allotment and Placement: A. Length of course: 1 semester (16 weeks) B. Spring and Fall Semesters C. Number of hours: 3 credits, weekly total = 3 hours D. Monday, 6:30pm 9:10pm VI. Teaching Facilities SCC Equine Science Classroom: AP 217 VII. Teaching Personnel: Angela Carmitchel, MBA Division Office Message Phone: Evening Secretary Message Phone: angela.carmitchel@scottsdalecc.edu VIII. Course Requirements: 1. ATTENDANCE IS MANDATORY 2. There will be no makeup exams. 3. Unannounced quizzes may be given. 4. Special Project Scheduled Outside of Class (Tentative timeframe: weekend in November) 5. Field trip scheduled during class time (Tentative timeframe/location: October/Cave Creek) 4. Class Policy: a. Students are responsible for all material covered in the lectures. Lectures will incorporate more material than is in the text. Students are expected to assume the responsibility of reading the text and staying abreast of current lecture topics. b. A small snack and drink may be allowed in the classroom, no meals brought in. If at any time this disturbs other students or disrupts the class, this policy can change. c. No cell phone noise, texting in the classroom. Phones are not to be on table tops or in student s hands or laps. Phones are to be turned off or on No noise and put in backpack/purse. d. Students need to be respectful of the faculty and other students by listening and asking questions of faculty. No visiting with other students during lecture. No sleeping during class. e. Students are expected to arrive before class start time and be prepared to begin class on time. The faculty will decide on appropriate penalty for any student arriving late or leaving early for the first two. A student that arrives late or leaves early on more than 2 occasions will have 3 points deducted from final grade for each. Late arrival includes being no more than 5 minutes late to class. Past 5 minutes late will count as an absence. f. Students are expected to attend each class. With classes meeting only once a week, a missed class converts to an entire week of classes missed. Due to unforeseen circumstances, we realize that a student may miss a class. Unexcused absence: One absence will be allowed; more than one unexcused absence will result in a loss of 5
5 points off of final grade for each missed class. Absence due to illness must be documented with a doctor s note. g. Cheating on tests or any assignments is unacceptable. Any student found cheating will be immediately dropped from the class and receive a grade of F. h. Tests are to be taken on day offered. i. Expect classes to run the full length of allotted time. Students are expected to be reflective, courteous, respectful, and empathetic to classmates, instructor, and other College staff assisting in your learning- Be in class and be on time. Be prepared for class sessions. Participate in class activities. Follow instructions and complete assignments. Keep up with and turn in assignments by the due dates. Put forth your best effort. Ask questions when you don t understand. Maintain knowledge of your grade status. Contact instructor right away about concerns or situations that interfere with your success in class. Comply with policies found in the College catalog and student handbook. Instructors are expected to be professional, courteous, respectful and empathetic to students- Begin and end class on time. Be prepared for each class session. Provide academic feedback and grade assignments in a timely manner. Be available for individual consultation. Clarify assignments and inform students of any adjustments to the class schedule. SCC General Education Statement General Education enhances students abilities in critically analyzing and effectively communicating in Written, Oral, Visual, and Numerical form. General Education is WOVEN through the curriculum and co-curricular experiences at Scottsdale Community College. IX. SCC Civility Statement: As implied in the course policies above, students are expected to behave in a responsible and proactive manner. Students participating in disruptive activities that interfere with the teaching and learning process will be asked to leave for the balance of the class period. Repeated incursions may result in withdrawal from the course. Specific examples of disruptive activities include: Unnecessary talking Cell phone usage (including ringing, talking, text messaging, picture taking, etc.) Off-task computer usage Chronic lateness or early departure Academic Sanctions Your instructor may invoke academic sanctions affecting your grade for this class resulting from, but not limited to, attendance/timeliness records, failure to complete assignments or required activities, failure to meet deadlines, disruptive/inappropriate classroom behavior,
6 and/or inappropriate use of school equipment. As part of your preparation for this class, read the Student Code of Conduct in the General Catalogue. X. Evaluation Criteria: A. Exams 40% All tests will carry the same weight (are of the same value). The final exam may be comprehensive in nature; that is, include material previous to information contained in the last section of the course. Special project 20% Business Plan 20% Assignments 10% Class Participation 10% B. Class Participation: Class attendance is required and this is a course that builds from day one. I will track your performance in each class session as follows: 1: You show up, but don t contribute 2: You contribute a brief comment, you re in the game! 3: You have multiple, brief comments 4: Your comments are substantive and take us through key analysis and requirements of the course The goal with the above point system is not be to a stickler on points, but rather to encourage you to think through the assigned work, be an active participant in the class and your life commitments. The expectation is for each student to contribute significantly in each class. This is not just a lecture class. This class is driven by discussion and collaboration. It requires significant preparation for each session and requires active, quality participation on your part. Quality participation means thoughtful, substantive contributions and the willingness to engage with all class members. To encourage the highest quality of preparation and participation, routine use of cold calls will happen each session to either lay out the reading/material for the rest of the class, or speak to a specific element of the class topic. We will invest over 40 hours of class time together. If you are going to succeed at anything, particularly in business or as an entrepreneur, your ability to express yourself, engage others and discuss difficult topics, is a valuable skill set. This class is a safe environment to stretch and test yourself. C. Grading scale: % = A 80-89% = B 70-79% = C 60-69% = D (No Credit) 59 & Below = F (No Credit) Each student must meet each class with a minimum grade of C to obtain a degree or certificate. D. Makeup Exams: Students are expected to take exams in class when given. Any student taking an exam later than the listed date will forfeit one letter grade.
7 E. Final: A final comprehensive and detailed final exam may be given for which there will be no make-up without a medical excuse. 1. XI. Textbook: The Ultimate Equine Legal & Business Advisor by George F. Johnson, Jr. & Tracy D. Dowson Additional reading is on Canvas Equinomics 101 (Optional) by Richard B. Dicks, Equinomics XII. Course Schedule, Outline and Reading Assignments: Attached.
8 SCOTTSDALE COMMUNITY COLLEGE Division of Applied Sciences EQUINE SCIENCE EQS 130 EQUINE BUSINESS AND LEGAL PRACTICES Course Outline I. Forms of Doing Equine Business A. Sole Proprietorship B. Partnership C. Limited Liability Company D. Corporation E. Syndication II. III. IV. Equine Business vs. Hobby A. The legal environment B tax reform C. Two profit years out of seven D. Nine determining IRS factors Employer Requirements A. Determining Employee vs. Contractor B. Unemployment Insurance C. Worker s Compensation Equine Records and Basic Accounting A. Equine records and record keeping practices B. Accounting periods C. Cash Accounting D. Accrual Accounting E. Balance Sheet and Income Statement F. Assets and Liabilities (current and non-current) V. Debt Collection A. Fair Debt Collection Act B. Debt collection requirements C. Obtaining judgment D. Collection procedures VI. Equine Contracts A. Elements of an equine contract B. Bill of Sale C. Equine Liability Waiver D. Breeding contracts E. Boarding / Training contracts
9 VII. VIII. IX. Equine Liability A. Liability waivers B. Concerns and potential hazards for equine enthusiasts C. Equine legal protection Equine Insurance and Brand Laws A. Laws B. Parameters in Arizona and beyond C. Insurance protection for business owners Customer Service A. Keys to operating a successful business B. The importance of customer service X. Marketing and Advertising Equine Businesses A. Marketing theories in the horse business B. Methods of marketing an equine business C. Understanding the equine marketplace D. Identifying a niche clientele within the industry E. Advertising wisely XI. Business Plan A. Components of a successful equine business plan B. Preparing an equine business plan NOTE: Course content may vary from this outline to meet the needs of this particular group.
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