Livery Yard Business Plan

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Any self-respecting yard owner should have the right insurances in place, and have their business properly registered and their earnings declared.

Failure to correctly register your business for tax, have adequate insurance cover, or not be paying business rates or fees can cost you a lot more if you come unstuck.

You may find you have a vacancy and a willing and suitable new livery, but they cannot come for several weeks and ask you to hold the space.

Now, if you’ve not had any other suitable enquiries, this could be a promising proposition.

If you feel that you are not cable of advising clients on any matters, and that they would be better consulting an equestrian professional such as a vet, farrier or instructor, then advise them as such.

Do not be afraid to seek advice yourself as well, even the most experienced equestrians and yard owners will likely learn something new on a regular basis.One of our key aims is to help equestrian businesses thrive.The best way to ensure this is to help them provide the highest standards of excellence and conform to the latest health and safety requirements.Also, make sure you find out a bit about them and their horse, including where they currently are, why they are moving, their notice period and what they are looking for in a new yard.If they sound like they may suit your yard, then invite them along to an appointment to take a look and meet them in person.To offer a low price without correctly calculating your costs can ultimately compromise your level of standards, staffing, provisions of feed, bedding and forage, and potentially risk losing you clients and damaging your reputation as a yard owner. Make sure you fill your stables with clients who are happy to pay what you charge, for the service and provisions you want to offer and everyone And most importantly, don’t forget to add a profit percentage on top of your costs when working out what you need to charge.You need to be satisfied that your income each month not only covers the outgoing costs with ease, but that you actually earn an income from your yard that you consider a fair amount compared to the work and effort you put into the business.Remember also that you are responsible for the welfare of all horses on the yard and as such everyone should be considerate as to their levels of welfare, handling and riding.It is important to say if you feel something is not right, but equally understand that a lot of equestrianism is open to interpretation and as such you should only give advice when asked for, unless it is something that poses serious detriment or danger to the horse or client.We offer a huge range of benefits to Approved Establishments. How you can become approved We offer a wide range of BHS training courses at Approved Centres throughout the UK, including everything from basic riding skills and first aid, to road safety trainer qualifications and stable management. From 24/7 expert advice and conventions to advertising, publicity and exclusive discounts - among many other things - we can help boost your business. If you're an Instructor or Groom, join our community of Accredited Professional Coaches - a group of credible professionals, who hold internationally-recognised qualifications and a number of exclusive benefits.

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