Articles Tagged with ''business practices''

The Hoof-Care Bottom Line

Profit Margin's Place in your Shoeing Business

Understanding this formula will help you see how much of what you charge for your work actually stays in your pocket
Profit margin is an excellent tool for tracking how much your farrier business is making, for making internal price comparisons, for determining how much you charge, and for helping make customer determinations.
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The Hoof-Care Bottom Line

Of Prices, Profits and Markups

Understanding how much you need to charge for your products and services is vital to the success of your farrier business
The ultimate reason for developing a successful pricing system is to make a profit from your work and the products you sell. The amount of profit you’ll realize depends on your costs, selling price, the number of products sold and/or the amount of service rendered.
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Paul Goodness

Good at the Shoeing Trade

Virginia farrier Paul Goodness has worn a lot of different hats during more than 30 years as a farrier

Paul Goodness is one of those farriers who’s dedicated to trying to find ways to help horses’ feet and keep them healthier. He is also dedicated to helping novice farriers get started in this business — passing along the things he’s learned over the years, to give them a leg up in their budding careers.


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Double-Barreled Shoeing Advice

Tackling Pricing Concerns

Here are solid answers to several frequently asked financial concerns

During last winter’s 4th annual International Hoof-Care Summit in Cincinnati, a pair of veteran farriers tackled two dozen of the most frequently asked questions about the footcare industry. This totally unrehearsed, fast-paced session sparked a number of highly interesting views for attendees to evaluate in their own footcare operations.


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Make Shoeing a Business, Not an Alternative Lifestyle

Freedom is great, but you have to manage your income and expenses to earn a long career and a comfortable retirement

Even if you love shoeing for a living, remember that you’re in it for the money, warns farrier Brian Robertson of Owosso, Mich. “When you wake up in the morning, you have got to be a businessman; from the minute you wake up until the minute you are off the clock,” he says.


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