FAQ for New Owners When Interviewing a Trainer
In the "Trainers" section of OwnerView, trainers may provide information about themselves. Begin your trainer research by reviewing the statistics, profiles, ratings, top horses, methods and practices and rulings for any active trainer. Once you develop a short list of trainers, consider including the questions below in your discussion with each trainer.
Q) How did you get started training Thoroughbreds and how long have you been training?
Q) What types of horses have you had the most success with? Maiden? Claiming? Stakes?
Q) What are some examples of your successes?
Q) How often do you communicate with your owners?
Q) What is your standard day rate?
Q) What do you charge for percentage of earnings?
Q) How do you enlist the services of a veterinarian for the day-to-day management of horses in your care?
Q) What can I expect each month in the way of veterinary charges?
Q) Do you charge additional fees for feed supplements, vitamins, ulcer treatment or any anything else? If so please explain.
Q) Do your invoices include veterinary fees, blacksmith, vanning and other supplemental charges?
FAQ for New Owners When Interviewing a Racing Syndicate
In the "Racing Syndicate" section of OwnerView, syndicates provide valuable information about their organization. Begin your research by reviewing the statistics, profiles, ratings, top horses and client references for any racing syndicate. Once you develop a short list, consider including the questions below in your discussion with each racing syndicate.
Q) How long have you been in business?
Q) Do you have a minimum investment and if so what is the amount?
Q) What percent ownership options do you offer?
Q) What expenses, if any, are covered by my initial investment?
Q) Do you mark up the price of horses purchased for syndication? If so, please explain your markup model.
Q) How is a syndicate ended?
Q) What retirement plans are in place for horses once their racing career is finished?
Q) How often do you communicate with your owners? What is the normal means for communication?
Q) Please explain your billing process.
Q) What is the manner and frequency of purse distributions?
Q) Can you provide references from your current owners?