Horse Inc. The Icelandic horse Fun horse and business facts! Business article
Helga Una Mark Zuckerberg
From authors The Hose Inc. is a magazine, which educates people a little bit about the business followed by owning a horse. The horse business has grown a lot over the years and has become one of the most popular businesses in many countries, especially in Iceland. Many horses are sold to other countries from Iceland every year and there are more Icelandic horses around the world than in Iceland. The magazine is also a great guide for people wanting to start their own horse business. In the magazine you can read about couple of people, who are successful riders, breeders and well known in the business industry. They all started small, but have come a long way since then.
A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or
money. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company. This word has a broader meaning, which encompasses all activity by suppliers of goods and services. The goal is for sales to be more than expenditures resulting in a profit. The forms of business changes in : • • • • • • • • • • • • • • • •
individual individual entrepreneur individual enterprise collective cooperative enterprise general partnership Limited partnership Limited Liability Company Additional Liability Business partnership investment partnership Closed Joint Stock Company Public corporation family company government
The main form of business and how they works. • Sole proprietorship is owned by one person and operates for their benefit. The owner may operate the business alone or with other people. A sole proprietor has unlimited liability for all obligations incurred by the business, whether from operating costs or judgements against the business. • Partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. • Corporation the owners have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned. They can organize either for profit or as not-for-profit organizations. • Co-op is a shorter name for cooperative and has a limited liability business that can organize for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority. Business are subject of business studies and economics. In most universities, the degree is conferred upon a student after four years of full-time study in one or more areas of business concentrations. The BBA program usually includes general business courses and advanced courses for specific concentrations. General education requirements emphasize humanities and social sciences (history, economics, and literature). Coverage of mathematics is generally business related. In Iceland for business or economics is around three years to study in university. There are different kinds of business, there are around four business
articles and the main are : • • • •
Finance Marketing and International Business accounting management
Studying for a business studies degree allows you to develop a broad understanding of business organisations and provides you with subject-specific knowledge in areas such as markets, customers, finance, operations, communication and information technology, and business policy and strategy. Work with the financial management of companies and institutions, working in bank, make various financial and funding strategies, market planning, market analysis, market research, research services and making promotional plans, marketing or business plans for companies or organizations, the accounting for most types of businesses and organizations, manage and work on various projects relating to the operation and production control. I choose business because in the first place, it’s the course that I’m studying in school, business have a broad meaning and have many interesting things to learn. Secondly, with business degree it’s not hard to find a job, and also to make your own business. I like reading news about business or economics, and here is one of them.
News Article Horse hay could be less scarce in 2014
The say that in 2014 on farm hay stocks are 35% higher than in the same time in 2013. Since 1989 hay stock level was the lowest until 2014. Year before was total hay use 62.4 tons, but in 2014 total use increased to 70.1 million tons. Like the said hay supplies widely because of weather. The recommend from experts that stable owners start lining up hay supplies now as the 2014 hay production season gets going. Link: http://www.equinestablebusinessnews.com/index/2014/5/15/horse-hay-could-be-less-scarcein-2014.html
List of words Aid – Aðstoð Assets – eignir Agricultire policy – landbunaðar stefna Advertising – auglysingar
Average –meðaltal Management – stjórnun Law – lög Tax – skattur Tariff – gjaldskrá Transfer – yfirfæra Contracts – Samingar Export – útflutningur Effiviency – starfhæfni – dugnaður Liquidity – lausafjárstaða Auctions – uppboð Fair trade – sanngjörn viðskipti Equity – fé FDI (foreign direct investment.)– bein fjarfesting Credit – Inneign – lán Agency – stofnun – umboð Finance – fjarmál
Did you know about few facts of business? • • • • • • • • • •
Wal-Mart averages a profit of $1.8 million every hour. One in 10 Europeans are conceived in an Ikea bed. The iPad 2 would cost $1,140 if it were made in America. U.S. corporations are reportedly hiding $1.6 trillion in profits offshore. Candy Crush brings in a reported $633,000 a day in revenue. Samsung accounts for 20% of Korea’s gross domestic product. Changing the U.S. $1 bill for a $1 coin would save the U.S. $4.4 billion in 30 years. Starbucks spends more on health care insurance for its employees ($300 million) than on coffee beans. More than 80 million “mouse ears” have been sold at Walt Disney World to date. The world’s 100 richest people earned enough money in 2012 to end global poverty four times over. Each week nearly one-third of the U.S. population visits a Walmart
Three of the most popular persons know for business
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Mark Zuckerberg was born in 14th May 1984 in America. Is well known ass computer programmer and internet entrepreneur. The dollar ballooner, one of the developers and founders of social networking site Facebook. The chief of company Facebook Inc. Facebook was made by Zuckerberg in 4th February 2004.
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Steven Paul Jobs was born in 24th February 1955 in San Francisco. American entrepreneur, widely regarded as the pioneer era of IT-technologies. One of the founders, chairman and CEO of the corporation Apple. One of the founders and CEO of the studio Pixar. In the late 1970s, Steve and his friend Steve Wozniak developed one of the first personal computers have a great commercial potential. The Apple II was the first mass product of Apple, initiated by Steve Jobs.
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Bill Gates was born in 28th October 1955 in America. Bill Gates is American business magnate, philanthropist, investor, computer programmer and inventor. Former biggest shareholder of Microsoft. Until June 2008 he was head of the company, after leaving the office remained in its non-executive Chairman of the Board of Directors. In the period from 1996 to 2007, in 2009 and 2015 - the richest man in the world by the magazine Forbes. His condition in March 2015 according to Forbes magazine estimated at 79.2 billion dollars.
Anna
15 fun horse facts! •
There are over 150 different breeds and types of horses.
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There are about 75 million horses in the world.
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The Icelandic horse has 5 gaits while most other horses have only 3
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A horse has approximately 205 bones.
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The fear of horses is known as equinophobia.
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Horses can’t breathe through their mouths.
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Horses can’t throw up
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Horses sleep between two and three hours per day. Only 45 minutes of this sleep time is spent lying down.
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There are over 350 different breeds of horses and ponies
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The average lifespan for a horse is around 20 - 25 years, though they can live up to 30 years.
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The oldest horse recorded to date is - "Old Billy", an English Barge horse born in 1760 who lived to the age of 62 years old.
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A horse is generally over 14.2 hands high
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Anything under 14.2 hands high is a pony, except the Icelandic horse.
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A horse's heart weighs about 10 pounds.
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The average horse's head weighs 11.84 pounds
Meanings of common horse terms Bomb-proof: A horse that doesn't spook. Breeding stock: A mare or stallion that meets the eligibility requirements to be registered as a distinct breed. Breeder: A person who breeds purebred horses for a living, or maybe as a hobby. Bridle: The entire headpiece, the headstall, bit, chin strap, and reins, is called the bridle. Farrier: This is a blacksmith who does horse shoeing. Gelding: A castrated male horse Rogue: A horse with a bad temper Saddle rack: Stand to hold your saddle when it's not on a horse. Stallion: A male horse over 4 years old that has not been castrated Yearling: A horse just approaching or just turning one years old. Trot: A two-beat gait. Gallop: The fastest that a horse can run, a three-beat gait. Conformation: The overall structure of the horse. What is acceptable conformation depends on what you plan to do with the horse. Dam: The mother of the horse Sire: The father of a horse.
The Icelandic horse Over the years, the Icelandic horse has served an important role as a working animal and transport to people. In recent years, he has gained a lot of popularity where
entire
families use the horse as a fun hobby and for
outdoors
activity. The Icelandic horse breed is originally from the Mongolian horse breed but has developed in its own unique way. The Vikings brought them to Iceland 1000 years ago. The Icelandic horse is strong, healthy, and friendly. He has great stamina and strong nerves which many horses don’t have. He is also known for being sure-footed. Commonly the Icelandic horses reach 25 to 27 years, but they can get over 30 years old. Although the horse isn’t big, he is not a pony. Icelandic law prevents horses from being imported into the country and horses that have been exported from the country are not allowed to come back to Iceland. The Icelandic horse has five gaits. The typical walk, trot and canter which are common in other breeds. Then they have in addition tölt and pace which is not common in other breeds. Tölt is generally known for how soft it is and how easy it is to ride it. It’s also known for how fast a horse can tölt, but he can tölt from slow tempo to almost as fast as a galloping horse. Pace is a very fast gait and is usually used in races. It’s also called the flying pace because the horse goes so fast that in one point the horse doesn’t touch the ground. The Icelandic horse is used in farm work, showing, competing and racing. Although racing isn’t as popular as in other counties because we are not allowed to place bets on a race. The Icelandic horse has 40 colors and 100 variations. Schools in Iceland that offer further education in horses are the Universities Hólar and Hvanneyri but you have to finish college education before you can got to these schools. Then we have at least two colleges that offer horse studies, Fjölbrautaskóli Suðurlands and Framhaldsskólinn í Mosfellsbæ.
Carrera options
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Trainer
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Riding instructor
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Veterinary
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Blood mares
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Breeding/sale/export
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Shows
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Tourism
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Horse riding
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Horse massage/chiropractic
The reason why I chose this subject was because I grew up with horses and the have been with me my intire life. I find the very interesting and fun creatures. They are also amazing characters and each horse is unique in his own way. They are quick learners and really fun to work with. I’m really thankful to have horses as a part of my daily life.
About Icelandic horse (summery from a professional article) This article is about the Icelandic horse. This special horse breed was brought to Iceland with the Vikings in the 9th century and has played a huge part in the life of Icelanders for many centuries and still does. He has two unique gaits, tölt and pace which other horses don‘t have, or at least they never have both gaits like the Icelandic horse. When you ride tölt it‘s like you‘re sitting in a sofa, it‘s that soft and comfy to ride. That‘s why it‘s a very popular gait. The pace is a two beat gait where both legs on each side move simultaneously. It‘s fast and often used in races. The Icelandic horse is a unique horse breed which has become very popular over the years in other countries. http://www.toltnews.com/about-icelandic-horse.php
Interesting people Fjölnir Þorgeirsson Ownes the horse media Hestafréttir.is
Has been breeding horses named after Hásæti for quite some time and is very successfully there. Primarily known for having saved some horses when the ice broke from a group of horses in Ice tölt several years ago. He helped one horse at a time by allowing them to stand on his leg and press encounter them as they came up on the ice again.
Berg Jonsson and Olil Amble Breed horses under the name Gangmyllan. Have both leisure horses for many years and achieved successfully in the field of breeding, training, exhibitions and competition. They are exemplary for other breeders.
Viðar Bragason and Fanndis Viðarsdóttir Father and his daughter have been breeding horse in Björg, Hörgárdal. They have a successiful breeding and a lot of first prize horses come from them. They train all their horses by themselves and are always making more progress every year. It will be fun to watch them in the future Ragnhildur
Did you know? More horses are sold to women than men. 1269 horses were sold and sent to 20 countries in 2014. 153 to Sweden,130 to Denmark, 94 to Austria, 77 to Switzerland and 55 to Norway. You may not import horses to Iceland. Icelandic horses were first sold to other countries 20 years ago. Landsmót hestamanna is one of the most important introduction of the Icelandic horse.
General The Icelandic displays two gaits in addition to the typical gaits other breeds. The only breed of horse in Iceland, they are also popular internationally, and sizable populations exist in Europe and North America. The Icelandic horse was first used for work, but now its more used for competing, riding and breeding.
Today there are about 80.000 horses on Iceland, which is quite a lot for a country who only has around 300.000 people. 10.000 people are registered in to a riding clubs, but over 30.000 people in Iceland are in horse business. Horse business is when you are selling, breeding and training horses in order to get the best possible result of a horse you want. It´s supposed to add to the breed of Icelandic horses to make the breed better. Breeding show is a show where u show your horse and all of his gaits to judges who then rate every single gait the horse has, the desire and beauty while riding and his looks (hoofs, back, neck and more). This is done to guide the breeder, if the horse gets good ratings then the owner/ breeder is doing a good job, if not he can see what he needs to fx. I would very much like to become a horse breeder and rider when I grow up. I love horses and they and everything about them fascinates me. When you are riding a horse its like you´re his mentor but in the same time he is yours. I know own 4 horses which I have breed with the help from my parents, but they are both horse breeders and own quite a large horse breeding farm.
Sale on horses (summary from a professional article) In the article its talked about how many horses were sold out to other countries from Iceland, it says that 867 horses were sold to other countries, which is 20 horses more than in 2013. It says that the horses were sold to 18 countries, but most of them were sold to Germany and the world cup was also held in Berlin in 2014. Nevertheless sale on horses in Iceland has grown smaller. The article says that in 2013 there where 1.333 horses sold out to other countries, but in 1996 2.841 Icelandic horses were sold to other countries, which is a record. http://www.vb.is/frettir/97164/
Well know person Gunnar Arnarson og Kristbjörg Eyvindsdóttir.
They own the breeding farm Auðsholtshjáleiga and they have four times been chosen the breeding farm of the year. They are also exporting horses and take care of all the paperwork, cooperate with Icelandair cargo. Árni Björn og Sylvía Sigurbjörnsdóttir. They are both great riders and trainers and have done well in competitions lately. Árni Björn has won the Master league in tölt two years in a row now. Helga Una Björnsdóttir. She is quite young but has come a long way and has done great things and she is truly a great rder and trainer. She has breed many horses and owns many horses. She had a great stallion called Bikar, which she sold to Norway.
Meaning of Words • • •
Cargo (Icelandair cargo) – International company with headquarters located in Reykjavík and New York. Landsmót hestamanna- one of the biggest Icelandic horse competitions held in Iceland. Gait- the various ways in which a horse can move.
Hrafnhildur