Large livery yard facilities are usually located on the outskirts of cities, as these locations ensure a larger customer base, but smaller livery yard business are also profitable when they offer quality specialized services. Starting this type of business requires more than just a love of horses; you need to have enough space on the farm and must realize that this type of business may require a large commitment and sacrifice of privacy of all family members.
Share on Facebook A love of horses and the ability to manage a business is just the start when it comes to opening your own equine facility. You also need a business plan that details the costs associated with all of the equipment and stock you must buy to make the facility viable.
Besides giving you an operational guide for running your facility, the plan might also come in handy in seeking the funding necessary to horse livery business plan or lease land, erect buildings and acquire stock if you need funding to get the business off the ground. Step 1 Prepare an executive summary about your company, including the story of how and why you started a business about working with horses.
Mention your background, education and expertise in handling and taking care of horses, as well as in growing a business. Mention the goals of your business, such as developing one of the premier equine facilities in the region, where people feel safe learning to ride horses or offering medical care that keeps clients' horses in prime shape.
Step 2 Describe each of the services your company will provide, such as training, medical care, riding lessons, boarding, breeding and raising horses. Step 3 Analyze the market, especially in relation to businesses that compete with you, including veterinarians, boarding facilities, and even ranchers who raise and sell horses.
Mention any trends that might affect your business, such as growing tourism in your area creating a demand from people wanting to arrange for a horse to ride trails in a nearby park or a horse carriage ride for couples. Step 4 Explain the characteristics of the target markets to which you plan to sell your services, such as local families who need a boarding facility for their horse or horse owners who need health care, surgery and medications for their animals.
Additional target markets might include tourists who want to go on trail rides, people who show horses at fairs and events or people who buy the horses you breed in your facility.
Describe how you plan to operate the company, and mention any staff you need to hire to provide medical services, feed and water the horses, empty stalls, saddle up the animals, and brush and clean them daily.
You might also need to hire maintenance workers to keep the facility in prime condition. Step 6 Create a marketing strategy that shows how you will attract clients to your facility.
This section should also mention how you plan to brand your business, such as making it a high-end equine facility that caters to people interested in thoroughbreds or the one-stop shop for local horse owners to rely on for health care, food and tack.
Step 7 Develop profit-and-loss statements for five years that explain the land you need to lease or buy to run your equine facility. Your projections should include buildings and equipment needed, including boarding facilities and stalls, paddocks, an arena and food storage areas for bales of hay and bags of oats.
Identify the medical equipment needed to provide emergency and routine health care services if you offer such services. Include the cost of buying the stock you need to set up your stable of horses.
Provide estimates for the cost of utilities, accounting, computers, software, employees and insurance. Tip Write the executive summary last, as it provides a synopsis of the business plan.
You might need to develop the entire plan before providing an honest look at the business concept.Nov 28, · I may (stress may) have the chance to take on a livery yard which has basically for one reason or another been run down and become unprofitable due to lack of interest and illness.
I have been in contact with the owners and they are putting in the hands of an agent to find the next manager. They will be requiring a business plan/tender.
A Sample Horse Riding Business Plan Template Business Overview In the United States of America, Texas according to statistics has the largest horse population with an estimated number of more than 1 million registered horses.
Nov 17, · Re: Business Plan Tips For Starting Up & Running A Livery Yard Call the BHS, they have a pack they will send you with an example of a contract etc. I looked at doing it earlier in the year. With proper planning and management, a livery yard or riding school can be a very profitable and rewarding business. However, if you are to make a success of it, it is important that you, or anyone you appointment to oversee the developments, has extensive experience working with horses. A love of horses and the ability to manage a business is just the start when it comes to opening your own equine facility. You also need a business plan that details the costs associated with all of the equipment and stock you must buy to make the facility viable.
Livery – the stables offer Working Livery and Full Livery contracts. v. Specialist activities and events – Pub Rides, Picnic Rides, Team Building sessions are all available on request.
vi. Pony Club – the stables is an Approved Pony Club Centre and runs a popular Saturday and Sunday Pony Club for children.
vii. At a livery yard, horses are housed and cared for in return for payment but do not belong to the owner of the yard. Health and safety standards for livery yards are set out by . Executive Summary. You’ll probably write your executive summary last, but it appears first in the business plan.
Succinctly describe the main points of . Nov 17, · My dream is to one day run my own livery yard, I was wondering if you guys could help me with any tips you may have for starting your own business? I currently work in an office, but previous to that I worked with horses for around 4 years and gained my BHS Stage 1 and 2.