Hello everyone,
I’m looking for a horse stable budgeting template or spreadsheet that would make my life easier tracking all the expenses.
can anyone please help?
Hello everyone,
I’m looking for a horse stable budgeting template or spreadsheet that would make my life easier tracking all the expenses.
can anyone please help?
Build one. It isn’t that hard. Bet you could even find some examples using Google.
G.
is there anything ur using now?
Sounds like this would be easy to put together in Excel? What all are you looking for?
The best way to get the right answer on the Internet is not to ask a question, it’s to post the wrong answer.
Cunningham’s Law
looking for a stable expense and cost
So what are you looking for that you can’t find in Excel?
I do my budgeting and finance tracking in Excel. It works well and does everything I need, including reporting.
You just need to decide what to put in your rows…Vet, Farrier, Wormer, Bedding, Hay, Feed, Supplements, Electric Bill, Tack…
For the Hay and Feed, it may be interesting to see how many pounds you use during certain months…
It really depends on so much - is everything already built or do you need to factor in all kinds of spending on upgrading or new build.
What equipment you have i.e. (car, truck tractor, mowers, gators, chain saws, etc and then what are the annual maintenance costs and who is doing it. How much you are mowing i.e. how much gas you’ll go through, how handy you are at fixing ALL that goes wrong and breaks? That’s a big factor.
I’m pretty surprised over the years what we’ve spent on annual mower maintenance for our zero turn and walk behind beast - and hitting stumps etc really add to the cost of repairs. We have ours professionally serviced.
My husband can fix and do just about anything so that’s a huge factor in a budget.
How big is your property and do you have ash and other trees that come down or need taken down? Are you doing that or paying for it?
What are your utility costs, property taxes, insurance, mortgage payment?
Then there’s the annual horse costs depending on how many and the variable of vet bills.
Your question is a good one. I have a general financial planning budget worksheet if you want that. You could just add
the various other line items. Message me if you want it and give me your email.
the thing is since im new to this i dont really know how to make an excel sheet with all the cost since i dont know what should be there, can you please share the sheet you got? i would really really appreciate it.
[QUOTE=jawa;n10616548]
You just need to decide what to put in your rows…Vet, Farrier, Wormer, Bedding, Hay, Feed, Supplements, Electric Bill, Tack…
the thing is since im new to this i dont really know how to make an excel sheet with all the costing and how to arrange the items.
Need the factor of everything.
Till now I have nothing I’m planning to do it.
I don’t have a property yet but my eyes on a land that it 10000m^2 its nice and big enough for 10 horses i guess.
yes! you are the best thanks a lot
I don’t understand. Do you have a farm now? You should know what stuff is costing you
Pricing for hay and grain and bedding and taxes and equipment and and and and is FIERCELY regional. What I pay here in the northeast will have absolutely zero bearing on what someone is spending in, say, the midwest.
I don’t own anything now yet but I plan to
Then you really need to understand what costs are in your area.
You don’t need a spreadsheet. You need some education in general horsekeeping.
Start by getting and reading Horsekeeping on Small Acreage by Cherry Hill. You can find it on Amazon.
Are you in the U.S.? If so then contact your local County Extension Agent and get the course materials that they will have on horsekeeping in your area. They will be free or nominally priced. Also look in into clubs or other equine social groups in your area. There you will find “real world” experience to along with the book-learning.
G.
I’m confused. Are you boarding, or are you having horses at home?
In general, at least in the US, if you pay board, you don’t pay for hay or bedding. You have all those things here.
My tracking sheet is set up more like a checkbook register. Date, $$, item, category, etc. Like that, I can run reporting on really any category, time period, etc.
Consider the purpose of your tracking before building your tool. Sort and filter is useful. Pivot tables and charts even more so. You can’t do any of that with what you have here.
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So, I have never owned a farm, but if I did, I might be starting with a spreadsheet that looked something like the attached (and I just threw random-ish numbers in for January as an exercise). You want to organize it so that it’s easy to see what’s being spent each month, and what income is coming in (if any). Note that things like hay, you probably wouldn’t be buying every month, more like a few times a year.
This spreadsheet assumes that if you have boarders, they will pay for their own supplements and veterinarian and farrier. This spreadsheet also assumes the barn/facilities are already built.
If you’re not sure how much things cost, do your best to figure it out. For example, for hay: predict how many horses you expect in the barn. Then multiply that by 20 (assume that each horse will get 20 lbs of hay per day). If you have five horses, that’s 100 lbs of hay each day. One hundred pounds of hay per day, times 30 days, equals 3000 lbs of hay each month. That’s 1.5 tons of hay each month. Call around and find out how much hay is, per ton, in your area, and then you can figure out your estimated hay costs.
For bedding, it depends what you want, obviously. But if you’re doing bagged shavings, assume maybe a bag a day per stall, averaged out to include initial bedding and weekly stripping (I don’t use bagged shavings, so I really don’t know)? So, with five stalls, over seven days, that’s 35 bags per week or 140 bags per month, times whatever bagged shavings cost in your area.
And so on…
can you please share your tracking sheet with me? i would like to see how its done. my plan is to have my own horses