We moved onto our property last year and have been offering boarding to a very small number of clients. All the full-care boarders are gone now, I just have a handful of horses on self-care now.
Due to… gestures at everything, we need to re-work our prices before bringing in any more full care boarders. With all our startup costs and incidentals, it’s been tough so far to determine what a “normal” month looks like. Things are just so variable. Some things like taxes, insurance, etc. are constant, but other things like hay, electric bill, maintenance, etc. swing pretty wildly month to month.
We live in an area with pretty bad winters, so I’m thinking of having a monthly surcharge Dec-Feb to account for the massive increase in hay we have to feed, electricity for keeping pipes and water thawed, additional bedding when horses are stalled due to ice/mud, and so on…
So, just curious to hear how others have figured it out! Every time we sit down to list all our expenses, it seems much lower on paper than it ends up being when I’m faced with our credit card balances at the end of the month. We must be forgetting or underestimating things.