Assess Farriers’ True Cost of Doing Business with a Practical Financial Calculator

This step-by-step tool helps break your business into manageable chunks

For years, the industry has told farriers, “Know your cost of doing business.” That advice is right — but not exactly actionable. What goes where? How do you treat tools? How do you spread insurance, truck costs and admin time across each horse? Without a concrete framework, most people default to “what everyone else charges” and hope it works out.

This article introduces a clear, step-by-step Farrier Price Calculator that breaks your operation into sensible chunks, then turns those numbers into recommended prices per horse for shoeing and trimming. It’s designed for real-world use: quick to set up, flexible to maintain and easy to adjust as your books and costs change.

All downloadable Excel sheets have been pre-filled with sample values. Make sure to change them to match your business and your goals.

What the Calculator Does 

  • Captures every cost you carry — from insurance and subscriptions to tools and travel.
  • Separates long- and short-term assets (tools, truck, rig) and turns them into annual depreciation so their cost is fairly spread across the year.
  • Tracks per-job consumables (shoes, nails, pads, pour-ins, rasps, hoof sealant).
  • Accounts for vehicle costs — both the fixed annual pieces (insurance, registration, loan/lease) and the variable cost per barn (fuel, wear).
  • Reflects your service volume by letting you input the number of shoeings vs. trims and how many cycles per year you do for each.
  • Produces a recommended price for shoeing and trimming that covers labor, overhead…
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Amanda smith

Amanda Smith

California farrier Amanda Smith is the lead instructor at Pacific Coast Horseshoeing School and the secretary of the Western States Farrier Association. She wrote the Equine Behavior Manual for the IAPF and manages Horse Education Online, a library of equine educational materials. 

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