{"id":115477,"date":"2007-06-05T16:55:00","date_gmt":"2007-06-05T20:55:00","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/equinomics-101-management-and-accounting-system-targets-equine-industry\/"},"modified":"2007-06-05T16:55:00","modified_gmt":"2007-06-05T20:55:00","slug":"equinomics-101-management-and-accounting-system-targets-equine-industry","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/equinomics-101-management-and-accounting-system-targets-equine-industry\/","title":{"rendered":"Equinomics 101: Management and Accounting System Targets Equine Industry"},"content":{"rendered":"

NEWS SOURCE: Rockwood Enterprises Inc.<\/strong><\/p>\n

HOUSTON, Texas – June 5 (SEND2PRESS NEWSWIRE) — Rockwood Enterprises, Inc., a three-year-old Houston-based marketing and publishing company, announced today the launch of Equinomics 101 – a management and accounting system designed to teach horse owners and horse-related businesses how to efficiently manage their finances.<\/p>\n

\"(c)According to the American Horse Council, there are approximately 9.2 million horses in the U.S. used for racing, showing, competition, sport, breeding, recreation and work. <\/p>\n

Richard B. Dicks, CPA, equine businessman and author, developed Equinomics 101 to provide a down-to-earth, practical accounting system for horse lovers and small to mid-sized horse-related business owners. <\/p>\n

Written in an instructional, how-to format, Equinomics 101 reveals what records matter to accountants and the IRS; it also includes world-class accounting software for horse owners to quickly and easily assemble records. <\/p>\n

“Most horse owners practice ‘pitchfork accounting,'” Dicks explained. “They throw everything in a box and hand it over to their CPA. Equinomics 101 is designed to help customers change these destructive financial patterns.”<\/p>\n

In 2005, the American Horse Council conducted a study that dispelled the misperception that the horse industry is an activity reserved for the wealthy. The horse industry is, in fact, a diverse activity with stakeholders including recreational and show horse riders, and moderate-income track, show and stable employees and volunteers. <\/p>\n

Approximately 34 percent of horse owners have a household income of less than $50,000; 28 percent exceed $100,000. 46 percent of horse owners have an income between $25,000 and $75,000. <\/p>\n

According to Dicks, the key to avoiding financial loss is to run the horse operation like a business. Equinomics 101 instructs horse owners how to minimalize hobby loss. <\/p>\n

“Like a good saddle, it’s a tool that no horseman should be without,” Dicks said. <\/p>\n

Equinomics 101 can also be used as a simple record and bookkeeping system, a check register system, or an easy-to-use contact management system. It addresses barter and like-kind exchange, equine tax issues, depreciation, and travel expenses. <\/p>\n

Rockwood Enterprises, Inc. also offers free, two-hour seminars on horse ranch and accounting to people in the Greater Houston area. Expansion to other areas is expected by year’s end.<\/p>\n

For more information, visit: www.equinomics101.com<\/a>. <\/p>\n

News issued by: Rockwood Enterprises, Inc.<\/p>\n

# # # <\/p>\n

Original Story ID: (2902) :: 2007-06-0605-002<\/small><\/p>\n

Original Keywords: Equinomics 101, accounting system, Rockwood Enterprises, Inc., management and accounting system designed to teach horse owners and horse-related businesses, Richard B. Dicks, CPA, equine businessman and author, accountants, American Horse Council Rockwood Enterprises, Inc. <\/small><\/p>\n

NEWS SOURCE: Rockwood Enterprises Inc.<\/strong> | Published: 2007-06-05 16:55:00<\/p>\n","protected":false},"excerpt":{"rendered":"

HOUSTON, Texas – June 5 (SEND2PRESS NEWSWIRE) — Rockwood Enterprises, Inc., a three-year-old Houston-based marketing and publishing company, announced today the launch of Equinomics 101 – a management and accounting system designed to teach horse owners and horse-related businesses how to efficiently manage their finances.<\/p>\n","protected":false},"author":9780,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"singles-wide.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19937],"tags":[],"class_list":["post-115477","post","type-post","status-publish","format-standard","hentry","category-press-releases-archive","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":482,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/115477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=115477"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/115477\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=115477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=115477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=115477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}