Small business plans, holstein breeding
I've read some great advice/threads on small business plans. In an attempt to avoid piggy backing off of someone else's topic, I thought I'd start my own.
I'm an amateur rider who competes in the 1.20-1.30m jumpers. I am not someone who can go out and buy horses at that level, and so I've had to develop all my horses from young stock. I currently have two 2008 holsteiner fillies that I'm trying to decide if I should breed this year. They are well bred, well put together and both have great minds (check out other posts for more info on them. 1)Campione/Laval 1/Calvados II and 2) Campione/Cassini I/Caretino)
This is my dilemma. I am not a breeder and would need to co-own my horses with my cousin who is a breeder (very knowledgeable). I do not have my own land, and so paying board on them for the years before they either sell and/or are rideable would not be feasible. Co-owning them would allow me to keep the mare/foal at my cousins place in exchange for 50% ownership and sharing costs.
I bought these two as sport prospects, not broodmares, and I'm a bit scared of ruining their sport careers with the risks of foaling. I know this is done all the time.
I also would need to either 1)improve on the mare and keep the offspring therefore selling the mare or 2)At LEAST cover my costs by selling the offspring.
I love the advice given by RyTimMick about keeping within a registry, REALLY know your mare family and fill a niche. Mine would be the jumper ring, and I do have an in house rider (myself). I would be able to start and campaign anything that didn't sell as young.
So...do I breed one of them this year, or forget and keep them for their original purpose? And what are the opinions out there of the co-ownership. How would YOU work that arrangement?
Thanks for all the input!