Articles by David J. Barron

3 Insurance Mistakes that Small Business Owners Make

There are a lot of things to consider when starting your own hoof-care business. Insurance protection should be at the top of your list. According to the 2018 Farrier Business Practices Report, conducted by American Farriers Journal, the vast majority of full-time farriers (95%) have some type of medical insurance. Yet, farriers are woefully underinsured in areas such as life (61%), disability (26%) and liability (46%).
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Avoid These 3 Common Insurance Mistakes

Plus, find out when, what and how to insure your farrier practice
Are you adequately protecting you and your hoof-care practice? Chances are you’re not. According to the 2019 Farrier Bus­iness Practices Report, conducted by American Farriers Journal, the vast majority of full-time farriers (95%) have some type of medical insurance.
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Understand the 4 Facets of Wealth Management

Your money management skills are as important as your hoof-care services
Farriery and hoof care is such a unique and distinct form of self-employed business that it’s easy for us to think that many of the considerations of normal business owners don’t apply to our operations. Generally speaking, a farrier enters the trade in his or her mid-20s, spends the first 5 years establishing a business and reputation, then enacts a laborious “sprint” for the finish line over the next 35 years, attaining a low degree of “cash wealth.”
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