Farms or Boarding Facilities
If your preference is to first invest in the breeding side of the
industry, through owning broodmares or younger stock, one of the
first decisions you will make is the selection of a farm or boarding
facility. Again, as with selecting other advisors, you should follow
the same sound business principles and pose the same types of
questions. While the circumstances may be a bit different, the
issues are essentially identical.
Despite the similarities, there are some important differences. Keep
in mind the following thoughts and questions:
1.
What are the costs involved and what do they cover?
2.
What types of services does the farm offer?
3.
Is there a veterinarian on staff?
4.
What facilities does the farm offer: barns, sheds, training track,
etc.?
5.
What is the employee/horse ratio?
Review your concerns, goals and objectives to make sure they are
compatible.
