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A Guideline To Expect The Expected And Unexpected

Determining what it costs to work with each horse is a valuable tool for determining the profitability of your practice


Pictured Above: Pat Broadus gave his lecture at the second annual Forge of July in Shelbyville, Ky. The 3-day event emphasizes the camaraderie of the farrier trade. Although there are a few scheduled events, attendees can make their way around the campground and work with each other to address their individual needs. Plans are underway for the next one in July 2018. For more images from the 2017 Forge of July, visit americanfarriers.com/media/photos/36.

There are differences in how every farrier approaches his or her business. Still, the most common and effective way to manage the finances of a farrier business remains knowing what it costs to shoe a horse.

The differences come out in the individuality of a practice. Not everyone works with the same types of horses. Some farrier may have more trims than shoeings — maybe no shoeings at all. There are many variables that differentiate the work farriers do.

Like other farriers, Pat Broadus uses this evaluation. Along with his brother Chris, he operates Broadus Brothers Horseshoeing at Shelbyville, Ky. These sons of farrier Sonny Broadus focus on the hoof-care needs of Thoroughbred racehorses, Thoroughbreds on the farm and sport horses.

Broadus says it’s important to take a thorough look at a practice and be honest about what different elements affect it. This includes evaluating your cost per horse.

Going Through The Evaluation

The chart on the next page references the costs measured in the brothers’ practice, based on a 6-year average. Pat Broadus adjusted the…

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Jeremy_mcgovern

Jeremy McGovern

Jeremy McGovern has been a journalist for nearly 20 years. He has been a member of the American Farriers Journal staff for 7 years and serves as the Executive Editor/Publisher. A native of Indiana, he also is a member of the board of directors for the American Horse Publications organization of equine media.

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