So August 2017 in North East Victoria is a time where the government is focusing on small businesses. They want to help equip business owners – or those with a great idea! They are providing workshops, one on one consultations and many resources to help small business owners get established and succeed. Of course, I got to thinking about the horse small business! And in reality, that’s what I am. And perhaps many of you reading this blog.
I make money through online horse courses I have created at Udemy, through horse educational products at TeachersPayTeachers, through horse book sales at Amazon and even through affiliate links with Amazon. I am a sole proprietor who just happens to be able to cash in on her horse addiction! Why couldn’t you do the same?
A small business is on that employs under 15 people and generates returns under $2,000,000. It could be a sole proprietor – like me, or a partnership, or you employ a handful of people. I have worked in many horse small businesses:
- as a stud hand
- at a racing stable as a stable hand
- as a stable hand at a riding school
- instructing at a riding school
There are many small horse businesses out there and no doubt, each one of them wants to be successful. So what makes a business successful?
- Generating a product or service that is needed and being able to sell it to those people in need.
- Having a consistent cash flow so that expenses can be paid, wages can be delivered and savings can be generated.
- Earning a profit.
The Horse Small Business
In line with small business month here in Victoria, Australia, why not think about your potential horse small business idea? Look for resources that are on offer to you from your local, state or national government. What about free online resources (you may want to check out Writing Dressage for some equine business tools!)?
There are many people who are unemployed in Australia. A lot of these have a great business idea, but no education or funds to help them see it to fruition and to become a success. Don’t be one of these statistics! Work hard, educate yourself and hey, even take the leap of starting a business 😉
Need a hand with potential horse business ideas? I have a passion for passive income relating to horses! Invest in the Equine Passive Streams course over at Udemy to find out about 20 different horse small business ideas – some of which will cost you no money to start up.
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