Good horsemanship is built on solid basics…so is good business!

5 Tips for Riding Out the Recession

Posted by Lisa Derby Oden
Lisa Derby Oden
I've been fortunate to be involved with horses throughout my life, so far that i
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on Sunday, 20 March 2011
in Professional Development

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The recession has been hard on the horse industry, maybe harder than some other industries, because it relies so heavily on discretionary income. With so many people out of work that means that discretionary income has evaporated for those folks, as they scurry to keep their personal basic survival bills paid. So what can you do to minimize the impact it has on your business? As the economy continues to throw a few bucks at us all, consider the following tips to ride out this recession.

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"When I was an adjunct at UNH, Lisa Derby Oden brought a wealth of information and knowledge about current issues facing the equine industry locally and nationally to the equine science students there...Lisa provided a full understanding of how each segment of the industry is dependent upon each other for stability and growth. Her in-class workshops helped students increase their awareness of problems encountered in the equine field. She offered opportunities to learn about small business operations and professionalism.

Time and again, she offered UNH undergraduate students insights into current horse industry trends which have an effect on their chosen equine profession. I sat in on Equine Business Management when Lisa offered it through UNH. It helped me tremendously with my own business on my farm. I highly recommend her industry workshops as a must do walkthrough before venturing into any horse-related business. "

Heather Smith, Sunrise Bay Farm, Durham, NH

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