The Horse

MAR 2019

The Horse:Your Guide To Equine Health Care provides monthly equine health care information to horse owners, breeders, veterinarians, barn/farm managers, trainer/riding instructors, and others involved in the hands-on care of the horse.

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TheHorse.com | The Horse March 2019 37 and divide it up to determine how much you need to make each month, or even each week," Bucciero adds. She continues: "I also take into con- sideration things like, do I expect to have a two-week paid vacation? Will I need a new truck? All of these kinds of things get a line item and get figured into the bud- get, which then helps me see what I need to make (incomewise) so I can take care of myself, my horses, save for retirement, or think about anything else that I might need or want." This includes but is not limited to dealing with emergencies or replacing other assets on her property. Of course, expenses are only part of a budget; income is the other half. You need to record your income regularly, be it from boarding, training, nonequine sources, or from equine body work, as in Bucciero's case. "At the end of each week I do my bookwork," she says. "Expenses and income get tallied in, and then I know where I'm at in reference to my financial goals." Keep Checking In Like Bucciero, record your expenses as you go, and be sure to review your budget regularly—monthly or bimonthly—to note if expenses or revenue have gone up or down, and adjust accordingly. "This measure of discipline (creating and following a budget) has given me so much more freedom to do what I want," Bucciero says. "Don't procrastinate," Herrera says. "Stay current with your expense inputs so that you don't lose sight of what you are spending and where you are heading. You might just realize it is time to raise board prices." In that case, being armed with a budget can make it easier to explain such deci- sions, because you can be specific about what costs are driving them. "Most board- ers can understand things like higher taxes, increasing feed costs, or the need to give a pay raise to barn help," Herrera says. In short, a budget is meant to be an empowering tool that guides you in decision-making, which can make your horse life easier and your business plan successful. It can provide you with the peace of mind of knowing you truly are operating within your budget. h YOUR GUIDE TO PRODUCTS AND SERVICES SHOPPER'SPADDOCK To advertise here, call 800/866-2361 • Fax: 859/276-6706 • advertise@TheHorse.com $83/inch • Frequency discounts available INSURANCE VETERINARY SUPPLIES/EQUIPMENT ADVERTISINGINDEX ASSOCIATIONS AAEP (www.aaep.org) ........................................................................................................................................................ 11 National Veterinary Associates (nva.com) ............................................................................................................................ 2 BARN/STALL EQUIPMENT Morton Buildings (www.mortonbuildings.com) ................................................................................................................. 21 Ritchie Industries (www.ritchiefount.com) ........................................................................................................................ 36 FEED ADM Alliance Nutrition (www.admworld.com) .................................................................................................................. 33 Haygain North America (www.haygain.us) ........................................................................................................................ 18 Triple Crown Nutrition (www.triplecrownfeed.com) ...................................................................................................31, A39 HEALTH PRODUCTS American Regent Animal Health (www.adequan.com) ......................................................................................................A2 Bimeda Inc. (www.bimeda.com) ..................................................................................................................... A14, A20, A24 International Animal Health (www.Bioworma.com) ...........................................................................................................A7 Performance Products (www.biozidegel.com) ................................................................................................................... 17 Research Associates (www.researchassoc.net) ................................................................................................................. 35 HOOF CARE Soft-Ride (www.soft-ride.com) ........................................................................................................................................A27 SUPPLEMENTS HAPP-E-MARE, HEALTH-E, HEAVE-HO & HEIRO (800-578-9234) ................................................................................... 23 HorseTech Inc. (www.horsetech.com) ............................................................................................................................... 28 Kentucky Performance Products (www.kentuckyperformanceproducts.com) ......................................................9, 21, A31 Platinum Performance (www.platinumperformance.com) ............................................................................................3, A3 SmartPak Equine (www.smartpakequine.com) ............................................................................................................5, A11 VET SERVICES/SUPPLIES Abaxis Inc. (www.abaxis.com) .....................................................................................................................................27, A5 Avalon Medical (www.avalonmed.com) ............................................................................................................................. 26 Dandy Products (www.dandyproducts.net) ....................................................................................................................... 17 Dechra Veterinary Products (www.dechra.com) ..................................................................................................15, 16, A23 Diagnostic Imaging Systems (www.vetxray.com) ............................................................................................................A29 Evolve Biosystems (www.evolvebiosystems.com) ....................................................................................................29, A17 Franklin-Williams Company (www.franklinwilliams.com) .................................................................................................. 14 Freedom Health (www.freedomhealthllc.com) .............................................................................................................7, A37 Heska (www.heska.com) ..................................................................................................................................................A21 Pulse Veterinary Technologies (www.pulsevet.com) .......................................................................................................A15 Stablelab Dba Epona Biotech Limited (www.stablelab.com) ............................................................................................A31 Lifting Large Animals Since 1957 www.shanksvet.com

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