Items Tagged with 'Hoof-Care Bottom Line'

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The Hoof-Care Bottom Line

Ethical Considerations For Your Farrier Business

Ethics are codes, values or rules that govern those practices of a person and profession. Ethics are a standard of behavior by which a person's conduct is judged. These codes dictate how we should manage our business and ourselves. In business, an ethical individual feels compelled to behave according to the rules of moral personal and business principles.
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Hoof-Care Bottom Line

How to Collect Money Clients Owe You

Don’t give up when a client fails to pay you — take appropriate means to recover your money
Clients failing to pay for your services is a problem every farrier experiences at some point. There are a variety of cases and reasons as to why they fail to do so. By understanding the United States government's definitions of non-payments and reviewing the basics for collecting, you can be better prepared for making sure more of the money you earn gets to your pocket.
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The Hoof-Care Bottom Line

Benchmarks of Professionalism

There’s more to being regarded as a hoof-care professional than simply taking care of horses’ feet and leaving a bill
In our industry and many others, the word profession and professional are used to describe a variety of things.
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The Hoof-Care Bottom Line

Charging For Therapeutic Farrier Work

You can’t help injured horses for long if the cost of doing the work puts your hoof-care business on the critical list
Many farriers who express a desire for more challenging work avoid doing therapeutic farrier work or more complicated cases due to time restraints and pricing concerns.
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The Hoof-Care Bottom Line

Raising Your Rates and Keeping Your Customers

Do you break into a sweat at the very thought of raising your rates and having to tell loyal customers that you’re going to have to start charging them more? The biggest fear for many farriers is that many of their customers will walk away if they add even a tiny increase to their current prices.
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The Hoof-Care Bottom Line

10 Ways to Advance Your Business

Investing in business education will help you run your farrier business more efficiently, more effectively and more economically
Many small business owners don't succeed due to a lack of understanding on how to effectively run their operations.
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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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