Starting a horse farm can be fun and rewarding. In some cases, you can also turn a profit from your farm. However, it's important to make sure that you avoid mistakes that will lead to you turning less of a profit.

Not Choosing an Aesthetic Farm

One of the biggest mistakes when starting a horse farm is to not purchase a beautiful property. You might try to save money on a less expensive horse farm, but if you will be offering horseback rides, one of the main appeals is to have a beautiful place where you can ride your horse. You'll want a beautiful trail or lovely pastures through which to ride a horse. 

Buying Untrained Horses

Make sure to purchase horses that are trained. The untrained horses are cheaper, but you will have to spend the time necessary to train the horse, and you'll also need to learn about whether there are any issues with the horses' personalities.

Buying an older horse can be a better choice for a newer farm because they may be less expensive while also having an established behavior. Healthy horses can be ridden into their senior years. Senior horses are less agile, but they actually benefit from the exercise of being ridden.

Not Buying Enough Space

Purchase a property that has enough barn space to allow you growth opportunities. You'll want to be able to purchase new horses if you find that you don't have enough to meet demands. Even if you're simply owning a horse farm for your own personal pleasure, you never know if you might find the perfect horse you would like to purchase.

For example, you may want to purchase a safe horse that is great for beginner riders, and you may want to purchase another horse that is considered a high-performance horse suited for horse jumping or racing.

You'll sometimes need to purchase more horses than you might think you need because horses have varying energy levels. You won't want to ride the same horse too often, so having enough space for extra horses can allow you to give one horse a break.

​Not Having a Great Veterinarian Close By

Purchase a horse property that is close to a veterinarian who specializes in caring for horses and whom you are happy with. Most horses have a health problem or two, but you'll also want to make sure that the cost of the veterinarian bills is worth the benefits that come with the particular horse.