This, exactly. I’m charging enough to cover my costs and maybe bank an extra $100 a month lol. If I raised it any more to actually make a bit of a profit or hire someone else to do everything I’m doing now, I’d have to increase it by at least $375/person and they’d all just go somewhere else that’s cheaper.
Around here, the farms that make their own hay are able to charge low board prices. And the other boarding facilities offer training, lessons, sales, etc., to make up for what they absolutely lose on board.
It’ll be interesting to see what happens in the industry over the next few years…