TWHBEA expands budget goals on breeding of 2017
Monday, January 15, 2018

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Based on the number of mares bred in 2016-2017, TWHBEA is expecting a larger foal crop in 2018 resulting in increased registrations, and memberships.

TWHBEA, the breed registry and oldest association in existence for the Tennessee Walking Horse sees light in the future horizons.  Expanding the budgetary goals of the association is a bold step forward in 2018. It promises better metrics at the end of the year and an improved cash position based on higher revenue and increased business.

The statistics are not often incorrect and with the analytical help of long-time industry and business expert, the two senior staff were able to discern that now is the right time to be bold based on the numbers of mares bred over the last 700 days and recommend such to the Finance Sub-committee. As has been seen in recent history those numbers have fallen off resulting in lower registrations which could result in some trepidation.  
 
Equine consultants in the industry explained that of the 60% that actually foal out healthy offspring, only about 50% of those will register for one reason or another. So, armed with an excel spreadsheet and algorithms of that nature the work began feeding in numbers of registrations from the past in relation to mares bred and the end result was a predictably higher number of offspring and a subsequent increase in registrations.

Now, what remains is that the breeders, owners, trainers, and back-yard enthusiasts follow through on their end to get the foals registered and to conduct transfers.  
 
The collective International Board of Directors approved the budget unanimously at the December annual meeting of directors and as the fiscal year is already in progress (Dec - Nov), first quarter numbers are anticipated eagerly.  

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