Can a horse boarding business be a profitable business?
Whether you rent out a few stalls or an entire barn, boarding horses can be a profitable business when done correctly. Treat your operation like a real business in order to have success.
Do you need helper when boarding multiple horses?
When you are boarding multiple horses, you may need to hire a helper or two. Each of those horses will need bathed and that can take a lot of your time. If you are the one spending time with all of the horse you board, you will need to limit the number.
How many horses does a boarding facility need?
“There is a magic number of horses (which varies, but often occurs around 10 horses) that a facility can handle at a minimum staffing level,” Paxton added. “Often people think adding two to three stalls will increase profits, when it actually increases the need for labor and may not pay for itself.” Maintenance expenses are often overlooked.
How do you calculate the cost of boarding a horse?
If you run a boarding business, you must calculate more than the price of hay, grain and bedding per horse plus a fixed stall or paddock rental fee to determine your boarding costs. Factor in utilities, repair costs, insurance and the wages you must pay employees.
What should I know about running a horse boarding business?
Whether you are running a large-scale horse boarding facility or just taking in a few boarders to help defray your horse expenses, there are a few business practices that will help minimize both the hassle and the risk. Liability Releases
“There is a magic number of horses (which varies, but often occurs around 10 horses) that a facility can handle at a minimum staffing level,” Paxton added. “Often people think adding two to three stalls will increase profits, when it actually increases the need for labor and may not pay for itself.” Maintenance expenses are often overlooked.
When you are boarding multiple horses, you may need to hire a helper or two. Each of those horses will need bathed and that can take a lot of your time. If you are the one spending time with all of the horse you board, you will need to limit the number.
Who are the owners of a horse boarding barn?
With 100 acres of greenspace next door, they also have boarders that trail ride year-round. It makes for a lot to oversee. The Hitts are both trainers and multicarded judges with the National Reining Horse Association, National Reined Cow Horse Association, and American Stock Horse Association. Linda Hitt manages their farm business and its books.