Over the last few years research and consultations carried out by British Equestrian have shown a vulnerability of riding establishments related to their succession planning.
Succession planning is all about thinking about the future of a riding establishment, for example what will happen if the owner or a partner leaves the business. It can provide clarity to everyone involved about the future and provides a clear plan for what will happen.
We’ve already experienced a high number of riding centres closing, impacting on participation, membership and customer experiences so British Equestrian, via their Training Hub provisions, have launched three e-learning modules will help business owners to think about the future of your establishment.
There are three modules, all lasting under 30 minutes;
- An introduction to succession planning – this will provide you with an overview of succession planning and looks at why a succession plan is important.
- Governance and legal structures – this module explores the different governance and legal structures to consider in planning for the future of your riding establishment.
- People – in this module you’ll learn about the importance of having the right people, with the right skills, to enable the long-term running of your riding establishment.
All three modules also include some useful resources to download.
You can sign up and access the Training Hub here: Training hub – British Equestrian