Starting your own business is a big financial and personal commitment that can go either very well or very badly. Some will succeed and some will fail, often the difference between these two groups is those who get it right from the start and those who don’t. There are a few things you must know and take into account when you start your own equestrian business, which we will explain below.
Know your market
Literally the first thing you should do before starting a business in the equestrian industry is to know your market well. Before you invest in any land and set up a business plan make sure you know who you are targeting and what they want from your business. If you can read the target market well, this will give you an edge on competitors.
Know what will make your equine business successful
From a glance having a business in the equestrian industry it seems easy to make a profit, going from the high prices that are accepted for services and products. However you may be forgetting that horses are expensive animals to keep and house. Therefore it is imperative that you realize your costs compared to your profits and plan your business accordingly. Being smart with your accounts from the start is very important to be successful.
How to structure an equestrian business
A main thing to keep in mind when starting an equine business is that it can be a liability in legal sense. People can sue you easily. To protect yourself from liability you must do two things; pick a business structure that will allow the most protection for your needs and get insurance. Make sure your insurance will cover what you need it to cover, even if it might cost a little more at the time it could save your business down the track.
A business plan is very important in ensuring your horse business will be a success. It sets out what you want to be as a business and what you are wishing to achieve. Make sure your business plan is comprehensive and goes over long term and short term goals as well as financials.
Horse contracts and agreements
Horse businesses rely on contracts and agreements for almost everything that is involved in the industry. Make sure your contracts state your terms clearly and think carefully about how to word the fine print so as to not get caught later on.
Good luck with your starting your own equestrian business, we hope our advice assists your in succeeding. If you are interested in constructing any equestrian buildings Central Steel Build would love to help you with your project.
10 Creative Ways To Reuse Old Horse Stirrups
1. A door knocker.
A simple little way of letting visitors know that they’re about to enter a horse property. A great first impression.
2. A towel holder.
Any way you can get a little reminder of your horses into your everyday decor is a good idea. This lovely little touch makes you feel like you’re in a luxury BnB ranch,
3. Wind chimes.
A great idea that looks nice and sounds even better. Wind chimes are underrated, right?
4. Candle light holders.
Beautiful, simple and easy to set up. As in the photo, it’s best to make sure these aren’t actual open flames, but LED lights.
A wonderful way to liven up your back patio.
5. A dream catcher.
If you’re into the bohemian look, an old English stirrup can be made into a nice dream catcher with some simple crafting techniques.
6. A lamp.
Another project using an old english stirrup, this lamp gives a nice rustic look to a room, and uses the stirrup very subtly.
7. A Christmas wreath centrepiece.
Old stirrups are versatile because of their simple shape – they look great in a whole lot of different designs.
8. A decoration.
Super simple, right? Make use of that naturally beautiful shape of the stirrup and hang a little decoration in there with twine.
9. A hand towel holder.
Or a napkin holder. Either way, all you need is an English stirrup. Nothing else
10. A photo frame.
Beautiful! An elegant way to keep your memories.
English stirrups can be attached to the wall and used as tiny shelves for trinkets. Excellent.
8 Of The Most Intriguing Agricultural Practices
Farming usually refers to the production of food or some kind goods. However these farms don’t produce anything that you would expect. See below 8 of the most original agricultural practices in the world.
Solucar Solar Power Complex, Spain
This farm happens to be Europe’s largest solar power facility. It was established in 2007, and since then it contributes highly to the country’s energy budget. Two ‘solar furnace’ towers are paired with a movable amount of mirrors that direct sunlight to a heat exchanger on the top of the tower. This converts the sunlight into steam which drives turbines and produces electricity.
Samut Prakarn Crocodile Farm, Thailand
This extraordinary farm located Thailand is actually a tourist attraction which you can visit to view the 60,000 crocodiles that live there and other exotic animals such as Asian elephants, tigers and range of different species of monkeys.
Hobbiton- New Zealand
In North Island of New Zealand a working sheep farm is found in the setting of where film adaptions from the Shire of the Lord of The Rings trilogy were filmed. The tiny hobbit houses have now been taken over by the sheep. Vistors are welcome to tour the the farm, to see the quaint houses nested among the hills and to pop into the Green Dragon Pub for a drink.
Tehachapi Pass Wind Farm, North America
This wind farm is an important power source for the state, providing 800 kilowatt hours of electricity for use all over California. This was one of North America’s first large scale wind farms, being founded in the 1980’s. The differences can be spotted between the original windmills and the more modern ones, as over time technology and science has improved and the windmills have been adapted accordingly.
Kostroma Moose Farm, Russia
Kostroma Moose Farm produces moose milk for medical purposes. The milk is rich in iron, selenium, zinc and lypozyme and is used to treat conditions such as peptic ulcers. The farm is also a research facility, as all the moose’s are fitted with radio- transmitters to track and learn their behaviour.
Hogpen Hill Farms, North America
This farm is an amazing depiction of physical art, designed and created by Edward Tufte. The farm is 284 acres, scattered with sculpture gardens and installation work. Open houses are held one day every year for visitors to view the farm.
Pasona O2 Urban Farm, Japan
In the global headquarters of a Japanese headhunting company in the city of Tokyo is placed one of the most innovative agricultural farms in the world. The farm is located underground, using high-tech artificial lamps as a substitute for sunlight. The farm is used to experiment with new technologies and provide training for young people interested in farming.
Growing Power Farms, Wisconsin
Former basketball star Will Allen established a farm with the purpose to provide fresh foods at a low cost for local residents. The farm runs on an extremely efficient three- tiered water system. Perch and Tilapia fish species are housed in a water tank buried underground and the wastewater is recycled to the watercress plants and tomato plants at ground level in a greenhouse.