Do you currently have a stable on your property where you keep one or two of your own horses and have some extra stalls? Maybe you’re thinking about renting out those extra stables and boarding other horses. If so, there are a few things you’ll need to consider before you do.
Do You Have Ranch Insurance?
If you don’t already have a ranch insurance policy, you should seriously consider one if you’re thinking about boarding horses. This specialized type of insurance policy will help to provide protection in instances such as an owner getting injured or the horse getting injured while on your property. It can also help in the event of property damage as well.
How Will You Manage the Horses?
Consider how you’ll manage all of the horses in your care. You’ll want to ensure that you have a sufficiently sized, enclosed space for them to run around in. Daily turnout is important for their health and wellbeing. Will they all go out together? Will they be turned out at separate times? Do you have separate fenced-in areas to keep groups of horses apart? Managing the horses properly is essential for ensuring their safety while they’re in your care.
Is There a Demand?
Of course, another major consideration to keep in mind is whether or not there’s a demand for boarding services in your area. Take a look at other boarding facilities around your location and how many there are. Note if they’re a specialty facility, such as one that boards seniors or that only boards a specific breed. This can help you to determine if there’s a need for an additional facility and if you can fill that need.
A successful boarding business can help to bring in additional income. Before you jump into opening up your stable to other horses, make sure that you have everything in order and are truly ready to take on the extra responsibility.