05/20/2024
Happy Monday Morning!
Let’s talk money. And more specifically, your money. Do you know how much money you made-or-didn’t make, last year? Do you know how much your hay has gone up in the best ten years? For a while I didn’t, and it nearly crushed my large operation. We need to understand our Profit/Loss! Check out our FREE excel spreadsheet at NALBB.org. I’ve plugged in the formulas that allow you to know your numbers. I’ve added the expense names, you plug in the dollar amount. Add your boarding or lesson numbers and see your profit -or-loss at the bottom. You can then increase your fees on the form to get yourself financially whole! Works the same for lesson barns!
Let me know your results! Use the form now, while it’s free!!!
BTW-in 15 years my hay has gone up 235%; manure removal 65%; salaries 295%
Board increases 15%. Any surprise i was struggling!!! That’s all changed now. Face your fear and face your money!!
NALBB supports the Lesson and Boarding Barn industry by providing our members a central place to network, obtain needed resources and to promote their individual businesses and our industry.