Your love for horses might encourage you to open your own riding stable so your passion becomes your career. This can be a great way for horse enthusiasts or professional riders to make extra money while pursuing their passion. There can be a lot included in owning your own stable, however, so you should be aware of the necessary steps before getting started to ensure you can achieve your dream. You’ll need to consider horse insurance requirements and liability forms among other things once you’re up and running.
Finding the Land
The first step is figuring out where your stable will be. If you’re lucky, then you might know someone selling their own business that you could take over. But maybe you want to start from scratch and build your own business. You’ll need to find a considerably sized plot of land for the horses to graze and people to ride, build a stable for the animals, and also construct an arena for people practicing events. You can absolutely define the scope and purpose of your stable (dressage or rodeo, for example) and build to suit those needs.
Building the Business
Once you have the space, you’ll need the people and equipment. Although most people like to take care of their own horses, they probably won’t be able to make it out to the stable every day. This is why having an expert staff to help with care and keeping can go a long way. You’ll also need to invest in some equipment like leads, pitchforks, hay, buckets, and others to keep the stable clean and the horses healthy. Finally, you’ll want to create a contract that outlines rules and boarding options for your tenants.
Opening a stable can be an exciting venture, but you want to make sure you consider everything involved before you dive in.