Articles by Esco Buff

The Hoof-Care Bottom Line

Don’t Take Mentorship Lightly

If asked to define mentorship, many people will vaguely describe the concept, likely stating that it involves communication and is relationship-based. Several business sources go further by defining mentoring as a professional relationship in which an experienced person (mentor) guides another person (mentoree or mentee) in developing specific skills and knowledge that will enhance the less-experienced person's professional and personal growth.
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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

Don’t Overlook These Tax Deductions

Make sure you limit the taxes paid by determining the personal and business deductions you are allowed.
It is no surprise to any working farrier that the daily costs of running a footcare practice will amount to enormous yearly expenses. The United States’ Internal Revenue Service (IRS) recognizes that running a business can be expensive, and allows deductions of business expenses on income tax returns.
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The Hoof-Care Bottom Line

Organize Your Expenses To Help Your Business

A yearlong categorization of expenses related to your footcare practice will benefit you in preparation for determining income tax
The end of the year is a great time to review your business operations. A critical part of this is tax preparation for your hoof-care practice. How prepared are you for reporting your business expenses?
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The Hoof-Care Bottom Line

Protecting Your Own Feet During Your Hoof-Care Day

Protective footwear for farriers makes sense, but only if it’s up to the job
Your hoof-care business can't prosper if you're out of work. And as a farrier, you can count on this: At some point, at least one horse will step on your toes or stomp on your foot.
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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

Of Externs, Interns, Apprentices and Independent Contractors

If you have someone helping you in your farrier business, it’s important to know whether or not they’re also your employee
Many farrier business owners utilize novice farriers, apprentices and other interested individuals to help with day-to-day tasks such as loading and unloading tools, clean-up and finishing feet. But you need to be aware that a person being utilized in this manner may very well be an employee, entitled to employee benefits.
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