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Effect of Economic Development on the Activities of Stables Downtown Des Moines - Case Study Example

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"Effect of Economic Development on the Activities of Stables Downtown Des Moines" paper tries to answers the question of how economic theories regarding market structure and behavior are applicable to Stables located in Urban Areas, particularly in Des Moines in the USA…
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Effect of Economic Development on the Activities of Stables Downtown Des Moines
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Download file to see previous pages The services offered by a stable are to provide boarding for horses and other related services. The market profile of the stables is to operate as sideline enterprises for the farm business. These offer boardings and different operating and management activities like training and lessons. When considering the customer base for the stables, the horse owners seeking boarding for their horses are considered as important and basic customers. The ideal location for the stables is the outskirts of the city. In that aspect, the stables located downtown of Des Moines of Iowa is in an ideal location. The demand for horse boarding services depends on the number of horses in the city. The desire of the owners to participate in horse-related competitions plays an important role in creating the market for stables. The first aspect that increases business is the high-income level of the customers. The next one is attracting high-income groups towards horse competition-related activities. One more aspect that needs consideration is buying and maintaining a horse. This is a luxury. So the economic decline if any is capable of reducing demand for horse boarding services and other operations. The stables can flourish by gaining the share in the market by providing services at reasonable prices. They have to provide a good location regarding the facilities provided for horses. The horse stable business requires a considerable investment of time for planning to develop and market the operations of the firm. The ability to sell the services should be concentrated on high-income individuals. Thus the horse boarding and offering of other services need a patient approach. The individuals or a group that wants to develop a stable must follow the zoning and building ordinances governed by the local municipality.  The three stables downtown Des Moines have satisfied the regulatory conditions of Des Moines Municipal Corporation. (Dean Dyck, p. 1) ...Download file to see next pages Read More
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