Do You Use Copper Sulfate in Your Hoof-Care Practice?
Options | % of Farriers |
---|---|
Yes | 90% |
No | 10% |
— 2019 American Farriers Journal reader poll
Dealing with Biggest Farrier Business Challenges
When farriers were asked about the three biggest challenges they face in their footcare work, here’s what they listed:
1 Acquiring clients, gaining their cooperation and educating them about proper footcare.
2 Dealing with poor quality feet, which is often a reflection of the particular environment.
3 Business management concerns, including billing and collection.
— Survey of attendees at 2019 International Hoof-Care Summit
Friday's Farrier Facts & Figures is brought to you by Markel Insurance.
Markel Corporation (NYSE – MKL) is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930, Markel reports its ongoing underwriting operations in three segments, and products originate from four insurance divisions and one reinsurance division. Markel Ventures, a subsidiary that makes strategic investments in companies outside of the insurance marketplace, is another important component of our business.
In each of our businesses, we seek to deliver innovative products and responsive customer service so that we can be a market leader. Our time horizon is long-term, our underwriting approach is disciplined, and our focus is on continuously improving the quality of the customer experience. Our financial goals are to earn consistent underwriting and operating profits and to combine those profits with superior investment returns to build shareholder value.