honetpot
Well-Known Member
To give some idea, I have spent £2000 on fertiliser, spraying and £700ish on having my hedges flailed. Muck away is £190 each time for a specialist company. My insurance which covers DIY livery, land and buildings, but not the house is £350. I have no liveries this is just how much it costs to keep it ticking over. Oh I forgot water, I have five at home, and it £250-300 a quarter, and then there is electric, which is a separate metre so I know just on the basics, no hot water that is going to be at least £500.Sit down work out how much haylege a horse eats in a day from that work out how much that’s going to cost a week .
The same for bedding .
The same for grass management and the management of all weather surfaces .
Work how many hours a day it’s going to take you to what is needed and then how much you are going cost your Labour then work out what that costs .
Then work a cost for maintenance for each horse you will have on the yard that’s wear and tear to the infrastructure .
Work out the cost of the water and divide by the number of horses .
Work out what electricity will cost divide by the number of horses .
Then divide the rent and or the cost of any borrowing into the number of horses .
Then consider what return you could reasonably get on any capital you have invested if you where making it work for you and add that in .
Then work out what return you except for your investment and risk .
There are going to be other things so think hard then add it up and divide by the number of horses .
That’s what you need to charge .
DIY dad is my workman, and is constantly fixing, harrowing and mowing, we have an old tractor and the going rate to hire someone is now £35 per hour.
So I would find out at least your basic costs are, and what you need to maintain it, and decide what you need to charge. Hay and bedding is going to be such a problem next winter, I wouldn't want to put a price on providing it.