Training, Liability, Prices and Expenses
It's been a long while since I have shown my digital face around these parts. Glad to be back! :)
Recently we have relocated to a property with 20+ available stalls, around 20 acres of turn-out, a large covered round pen with 6' solid walls (open above that to roof) and lights, and a smallish outdoor sand ring. Not to mention a gazillion miles of excellent trails with a variation of experiences (water crossing, cliffs, logs, boulders, etc etc).
We are renting, and the owners of the property keep their personal horses here, and this still leaves plenty of open space. I have proposed the idea of taking on a few clients to train very basic needs (groundwork, basic under saddle work, and a few fun things here and there such as sliding stops, flying changes, etc). I would also like to take on training some pack horses/mules in the future when I can get my hands on some gear. The property owners' main concern is liability for clients riding on the property. I have discussed with others the possibility of not allowing clients to handle their horses on this property, and it seems that it would push me into the "no-go" range. So, I have been considering a few insurance companies and plan to call for quotes tomorrow.
My question/s to you are thus:
HOW do you determine what to charge for training based on this criteria, and having a lack of comparable businesses in the area?
What kind of premiums are you paying for your training/liability insurance, if you don't mind? Also, who do you use?
Any other advice is appreciated!
(PS - I apologize if this is in the wrong area. This was my best guess for a place to put this post!)