When you start a horse business in California, it can be an enormous undertaking. To prepare properly, one must take many things into account before writing the checks that will keep the business running. Protecting yourself from dishonesty by aligning yourself with professionals of Equine Law in Southern California and hiring a proper staff are just a few things to do when preparing a horse business in California.
Don’t Trust Anyone’s Word at Face Value
It would be great if you could trust everything you are being told, but when you’re dealing with such an expensive business, you need to make sure you aren’t being naïve in any aspect. For example, it is not a good idea to buy a horse without familiarizing yourself with the horse itself. It’s a prudent idea to not only take the horse for a test drive, so to speak; you should also schedule a pre-purchase exam with an experienced veterinarian. Lastly, seek the course of a lawyer that specializes in Equine Law in Southern California and make sure they draft the appropriate contracts before you settle any agreement.
Do Get Everything in Writing
Having all your wheeling and dealing nice and legal is all apart of the horse game, as it is in any profession. Horses are expensive, though, so to protect yourself, you have to make sure that you know all the laws that apply to your business and to get every agreement, purchase, or anything else in writing. If you are unsure about the equine laws in California, speak to a lawyer that specializes in that specific law category. Having prior knowledge of such things can really save you headaches in the long run.
Don’t Overextend Your Business
Caring for the horses is going to take up a lot of your time and energy, so it’s a good idea to focus your energy to a certain aspect of the horse business. For example, decide whether you want to open a stud farm or a dressage farm or any number of other disciplines that goes along with the horse business.
Focusing your attention to one aspect of the equestrian business not only helps you keep your energy pointed in the right direction, it can also help you gain a reputation. In the world of equine, being great at one thing can often be better than being good at a number of things.
Do Surround Yourself With Experienced People
The horse business is too tough to go it alone, so surrounding yourself with the right people can mean all the difference between a successful business and one that flounders. Stable hands, veterinarians, and horse trainers are just a few of the many positions that you may have to fill in order to field a great team of people that can put your business on top. You may be tempted to take on some of these responsibilities on your own, but it would be wise to do as few of these as possible, so that you may be able to concentrate on the business side of things.
Like any other business, preparing yourself properly when starting your horse business can greatly affect how well you do. Protecting yourself with knowledge of the laws and finding the right staff can make all the difference in the world.