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Company Ownership

Company Ownership – Owning a racehorse can offer positive benefits for a business. It can generate a sense of team spirit, involvement amongst the staff members and can be a powerful promotional tool, the initial costs of which may be allowable against tax. Providing the horse is not already named, you may wish to base the name on that of your company or a product that company manufactures, thereby creating an effective and repetitive brand exposure. A day out at the races to see your horse run is also a very effective method of developing client relationships.