Business Practices

Red Renchin

A Guide to Growing and Maintaining Your Business

Lessons that the late Red Renchin learned about developing and maintaining a successful business
“OK David, get the doors, we’re going to Willow Run.” With that, the apprentice farrier climbs out and waits for the customized Ford F250 to back out of the barn. After closing the doors, David Crandel climbs back in and fellow apprentice Chris Adickes drives the truck toward the first of three stops of the day.
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Farrier Finances

Farrier Finances Toeing the Line

Data from last summer’s American Farriers Journal survey indicates the shoeing business is reflecting the country’s economic problems
Reflecting the overall economy of the United States, the average American farrier has struggled to gain financial ground over the past 2 years.
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Cover

Get Paid for Driving

An e-mail survey of American Farriers Journal readers indicates that many respondents are adding trip fees, fuel charges or mileage fees to footcare invoices
Call it a trip fee, barn call, flat mileage charge, fuel surcharge or whatever. Regardless of how you define it, more farriers than ever before are looking at charging the fee as a means to keep fuel and other costs in line.
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Become a Web-Savvy Farrier

Learning to use the Internet will help you become a more informed and profitable farrier
Renchin strongly suggests you use an accounting program like Quicken. In addition to software you can load on your machine, the company offers a Web-based interface.
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Tom Trosin

Avoid These Costly Errors!

Paying attention to these guidelines will help you avoid costly mistakes in your footcare operation
After 22 years of shoeing, Tom Trosin maintains he’s made almost all of the mistakes a farrier could possibly make in running a business.
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Trailer

Small Trailer, Big Savings

Ohio farrier downsizes to a smaller, streamlined shoeing trailer and more fuel-efficient vehicle to maintain profitability
We’ve seen large companies downsize, trim the fat and pass the costs along to the customer in order to stay ahead in a sagging economy as the costs of business begin to affect the bottom line.
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Fuel Crisis Requires Cost-Cutting Strategies

Check out dozens of field-tested ideas farriers are using to rein in fuel expenses
Farriers are doing a more efficient job of scheduling by location in order to reduce the miles traveled, paying closer attention to vehicle maintenance and raising footcare prices as they struggle to cope with rising fuel prices.
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