Horse Boarding: A Lucrative Business or a Money Pit?

Is there money in horse boarding?
The reality is that boarding facilities operate on slim profit margins. “”By the time costs are considered for hay, grain, bedding, labor for feeding, cleaning stalls, doing turnout, etc., the board fees typically do not leave a lot left over,”” Sherrick-von Schiller said.
Read more on stablemanagement.com

When horse owners don’t have access to their own land, horse boarding gives them a place to keep their animals. For those who reside in metropolitan areas or do not have adequate space to keep a horse, this service is crucial. For those who have the acreage, resources, and know-how to handle it properly, horse boarding may be a successful business. For individuals who lack the required information and skills, it can also be a money trap.

Depending on where you board your horse and the kind of facility you use, the cost will change. A inexpensive horse can be purchased for as little as a few hundred dollars, but board might cost hundreds of dollars each month. There can be additional expenditures for veterinarian care, food, and other expenses in addition to the monthly fee. So, before selecting to board a horse, it’s crucial to conduct your homework and carefully weigh the charges.

If you want to own a horse, it’s necessary to put aside enough cash to pay for both the horse’s original purchase price and continuing maintenance costs. Depending on the breed, age, and level of training, a horse’s price can range from a few hundred dollars to tens of thousands of dollars. Additionally, there are recurring expenses that can mount up quickly, like as feed, veterinarian care, and boarding fees.

You will require certain fundamental supplies and tools in order to own your own horse. This includes a halter, lead line, grooming tools, and, if you intend to ride the horse, a saddle and bridle. Additionally, you will need a safe and secure location to keep the horse, which could be on your property or at a boarding establishment. In conclusion, for those with the skills and experience to execute it properly, horse boarding can be a successful company. But for individuals who are unclear about the expenses and obligations involved, it can also be a money pit. It’s crucial to conduct thorough study and carefully weigh the costs and requirements if you’re thinking about buying or boarding a horse. Owning a horse can be a fulfilling experience for both the horse and the owner with the correct information and preparation.

FAQ
How do I become a eventer?

The article talks about horse boarding as a business, but it doesn’t explain how to become an event rider. However, taking riding lessons and mastering the fundamentals of equestrian riding should be the first step in becoming an eventer. Along with having a solid relationship with the horse, it’s critical to understand horse management and maintenance. You can take part in regional competitions as you advance and progressively advance to higher levels of competition. Working with a qualified trainer or coach is also advised if you want to advance your knowledge and pick up new abilities.

Leave a Comment