If you’ve spent any time on a ranch you know how much work goes into running them. Running a ranch is undeniably a 24/7 job, but it’s also a lot more than that. It’s a lifestyle. Ranches are a non-stop operation of feeding, watering, cleaning, animal care, property maintenance, grooming and much more. Each type of ranch comes with its own unique concerns. If you’re considering starting your own horse ranch, here are some things you might want to keep in mind.
Liability Insurance
If your horses will be working with the general public, you need to be prepared for greater degree of liability. Whether you offer horse riding lessons, guided trail rides, equine therapy or horse camps you need to make sure you have comprehensive liability insurance. One of the first things you want to do is obtain a horse insurance quote from a reputable agency that specializes in horse coverage. At a bare minimum you should always carry general liability and property damage insurance if you run any of these types of businesses.
Record Keeping
One of the most important things you should do is maintain accurate records. You should keep records on each animal, every business related purchase and all equipment and repairs. Having this information will inform future business decisions.
Medical Expenses
Horses are prone to injuries and illnesses. They get scrapes, bruises and bumps fairly regularly. Since the average horse weighs about 1,000 pounds, it’s understandable. It’s hard to navigate small spaces and tight corners when you’re that large. You should keep in mind that all those cuts and scrapes may get infected and require medical attention if they are not treated properly.
Surgeries
It is common for horses to require surgery, which can be costly. Especially emergency surgeries which are more common than you might imagine. Some of these surgeries include ruptured bladder, strangulating hernia, joint trauma and Colic.
