They will also provide a truck and horse trailer for business use, and sufficient funds to cover initial costs of hay, feed concentrate, and bedding.
Avoid problems with your business plans by taking special care with this step. I am a horse lover, have a stall barn, only one horse at the moment but want to rent out the remaining 3 stalls. The main source of our income is projected to be from lessons and training with George Ellen Smith.
Doe intends on using a number of marketing strategies that will allow the Horse Farm to easily target equine enthusiasts and horse buyers within the target market. But as you work on it, you will see your dream begin to take shape, becoming more real and more realizable.
If you skip this step, you are likely to regret it later. This type of tax license is different from income, sales, or employment tax. I am not sure if I even need a business license at all. Who will manage the business. For example, if you or your employees have specialized training or certification in equine management or training that your market analysis shows is lacking in other facility operations, that is a competitive strength.
If you simply own a facility and will hire the staff to run it, detail that in this section, as well as the responsibilities of each individual.
He is the most respected farrier in this area. We plan to build a 30 stall horse barn, an indoor lighted arena, and an outdoor lighted arena. It takes a bit of time and thought to putting together a good business plan, but in the long run you will be glad you did.
Zoning boards can be very sticky when it comes to horse facilities, so be sure to do your homework here and have an attorney on board. Mention your background, education and expertise in handling and taking care of horses, as well as in growing a business.
Threats Even though every business either start-up or fully operational will face threats every now and then, we are fully prepared for that which we are likely to encounter.
One person can hold more than one office.
Another threat we are likely to face include having challenges health wise with the horses we board and getting used by owners; a downturn in the economy which will result in less people wanting to own horses much less spend on boarding facilities.
This includes any construction, purchasing or remodeling you need to do; marketing materials like business cards and flyers you need to print; personnel you need to hire; your schedule; your budget.
Provide estimates for the cost of utilities, accounting, computers, software, employees and insurance. One of the commodities in particularly short supply was canvas.
They found a property that seemed ideal for their needs, so they visited their bank to apply for a mortgage. Most owners have deployed the use of technology so that clients that are not so close can keep up with happenings in the industry as well as in the business.
You should attach to this horse business plan the following items: He ordered more, sold more, and ordered more still. Due to our request, the business consultant was able to take stock of our strengths, weaknesses, opportunities and threats and use that to determine what we were likely to face here in Central Oklahoma as well as in the whole of the United States of America as well.
At the onset of operations, the Company will have a staff of four people that are very well versed with the care of equine animals, riding lessons, and breeding of horses. Her office will handle payroll and tax preparation for our horse business. Upon recognizing the potential, to then contact the originator for further discussions in route to establishing a mutually profitable and rewarding business relationship.
Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Below is a description of how the business intends to market its services to the general public. Levi Strauss arrived in California during the great gold rush. How much money do you have to invest and how will you use the money you borrow.
Her office will handle payroll and tax preparation for our horse business. I expect no profits from horse boarding. If you skip this step, you are likely to regret it later. Doe has more than 10 years of experience in the equine sport industry.
Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period. 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.
The EquineAcres business plan presented here is the direct result of experience in the equine business which has identified the real, "big strike." EquineAcres is not directly involved with the horse business.
Do I Need A Business License To Board 2 Horses Horse Boarding Horse Boarding Business Plan Examples Cumming, GA, Business Plan Template # Horse Boarding. Equine Acres horse boarding real estate business plan financial plan. Equine Acres develops real estate into retreat/resort boarding for horses.
Retail sales of supplies and horse-care services. Well, you can have a help from horse boarding business plan examples available online or can take help from this horse boarding business plan free of cost. But it is advised to acquire the services of professionals to make you a horse farm business plan template.
A business plan is vital even if you already own horse property and plan to expand its use to boarding horses and giving lessons. Without one, you may not realize the hidden costs involved in turning your hobby into a business.Horse boarding business plan examples