How Your Horse Can Bring You a Profit
You adore your horses. They are your special friends, almost like a family to you. However, let’s be honest, they are an expensive habit. Taking proper care of your horses can be hard on your budget.
Fortunately, horses can help you make money and in that way pay for their maintenance, but at the same time can help you increase your income. Scroll down to find out how.
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Rent out your arena
Renting out your arena can be an excellent way to make an extra profit. Offer riders or trainers to use your property in exchange for some rental fee. For instance, it is customary for trainers to give a percentage of their classes when using the arena. Usually, the rate varies from 25% to 50%, depending on the quality of the arena. Just make sure you protect yourself with signing a hold harmless in case trainers get sued. Since the training took place on your property, as the owner you can get sued too.
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Put a half lease on your horse
If you don’t have a chance to ride your horse often, then maybe it would be a good idea to put a half lease on it. Simply charge the half of boarding fees if you board your horse. That way, you can reduce your boarding costs. Also, you can charge the half of shoeing fees. Another benefit is that your horse will get additional training in case your lessee rides well.
However, don’t forget to sign a leasing agreement, as well as a hold harmless contract. With the leasing agreement, you will specify the details regarding the riding schedule of your lessee. Of course, you don’t want to end up warming the bench and watching the other person riding your horse.
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Become an affiliate seller
This is a great way to earn extra cash if you have many friends on social networks. Become an affiliate seller by joining some affiliate program, such as Amazon, Pepperjam, Viglink or Commission Junction.
How does the affiliate program work? Basically, you recommend good products that you find useful to your friends. Then, you get the commission anytime somebody clicks on your recommended product and purchases it, and that’s all. As you can see, you don’t need to invest a lot of time and effort to earn money that way.
Unfortunately, if you don’t have a wide network of connections, maybe it would be better to find another way to make money.
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Take in boarders
In case you use your property for boarding your horses, then maybe it would be a good idea to take in other boarders and charge them a fee that would be more convenient than the ones offered by other boarding facilities. With this fee, you will be able to cover housing and feeding costs for your horses which will result in increased income.
Just make sure you protect yourself with a boarding agreement which involves requirements for vaccinations, teeth floating, deworming, as well as emergency contact information for the border and the horse. Likewise, ensure you don’t get sued with a hold harmless agreement, in case they get hurt while riding.
The downside is that more horses bring more work. However, you can hire a student to help you take care of the horses, and in return, you can offer a possibility to ride your horse. Also, take in consideration that you will be in charge of taking vacations and resolving any emergencies that occur.
- Offer body-clipping services
Learning how to body-clip horses can increase your income significantly. It’s possible to earn $50 and more for this kind of service. This is excellent money for a little bit of work. Besides, you can offer complementary services, such as braiding manes. As a horse lover, this is an excellent opportunity to additionally bond with your favorite animals.
Now put these ideas into practice. Choose the ones that are most suitable for your needs and possibilities. Whether you choose to take in boarders, rent out your arena, offer body-clipping services or put a half lease on your horse, you will increase your income.
Written By Lauren Adley
She is a writer and editor at UK best essays. She is dedicated to her family, work and friends. She is keen on reading, playing the guitar and traveling. She is interested in educational, marketing and blogging issues.
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