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TOPIC: How do you price "Extra Shoeing Work"

How do you price "Extra Shoeing Work" 01 Jul 2012 03:39 #1

Just wondering how folks determine pricing additions for say pads, or special shoe etc. In my area the typical farrier is getting roughly 40Trim-75-11Full Set

Thanks for any info

Jon Thomas
Last Edit: 01 Jul 2012 03:53 by Justacowboy.
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How do you price "Extra Shoeing Work" 01 Jul 2012 16:27 #2

  • texfarrier
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I know this is off subject but It always blows my mind that farriers don't mind charging people these rates and people don't mind paying $40 for a trim when it takes 10-15 min but they would fall over dead if you told them $160 for a set of shoes that takes material cost on your part plus an 1-1.5 hrs of your time..not so much in the show barns I'm talking back yarders...as far as what to charge for materials I just double my cost..


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Austin Russell
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Re: How do you price "Extra Shoeing Work" 01 Jul 2012 19:26 #3

3 x cost

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Cody Gilreath, CF
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Re: How do you price "Extra Shoeing Work" 02 Jul 2012 01:20 #4

  • brian robertson
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100% mark up on materials plus time
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Re: How do you price "Extra Shoeing Work" 02 Jul 2012 02:50 #5

  • Rachael Kane
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brian robertson wrote:
100% mark up on materials plus time

Same for me.
Rachael :)
CF

'Motivation gets you going, discipline keeps you going.' (Jim Ryan).
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Re: How do you price "Extra Shoeing Work" 04 Jul 2012 05:32 #6

I do cost times two plus forty percent.
"Follow your dreams and they will take you where you want to be".

"Whether you think you can - or think you can't - You're right!"
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Re: How do you price "Extra Shoeing Work" 06 Jul 2012 04:42 #7

  • Travis Morgan
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I generally just double the cost of materials, and I damn near have to beg to get that! :pinch:
Copenhagen. You can see it in my smile!
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Re: How do you price "Extra Shoeing Work" 07 Jul 2012 00:57 #8

  • Dan Puckett
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Bar shoes start at $30 above the normal cost. Extras like pads, vet tec, etc, I double my cost. And like Travis, I have to really sell it.

Add ons like drill tech or drill and tap, I price it based in my time spent on that vs time that a trim would take me.
Dan Puckett, CF
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Re: How do you price "Extra Shoeing Work" 07 Jul 2012 05:43 #9

  • Red Amor
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when i started shoeing the average price full standard set was around fifty bucks my teachers sixty five
they both asked me to never under cut them I never did even though I near went bust
at one stage the both told me maybe i should drop my price
I never did
I shod always a tad dearer that every one ealse and the same as these two fellers
as time went by I started to sucseed and all was good
People down here wont pay for flash n pads n heart bard n experience n skill n stuff as much as the kiss system
Only some are mean most cant afford flash as much as they would like to and understanding what flash can do to speed up recovery or results they just dont have the funds
thus all the monies id spent on expencive glues n pads n pour ins and alike went to waist
some folks would but cheep silicone n ask me use that
the endurance people were ones for that
I will almost try to go the kiss system and often it works but there IS NOT DOUBT THAT flash can often produce much better results often much quicker and sometimes cheaper in the long run
tosay Im still on average 10 bucks dearer on trims and twenty on a fairly standard shoeing
I dont get asked who do you think you are chargeing such as much as I used to
good people realise now the I try very hard for them n their horse n Im available mostly when things are of an emergnsie type mature
Ive always tried to make each client a friend as well but they are always expected to pay
Its my choise to do things cheap or for nothing not theres and ITS NOT CHARITY I extend to them
Its just a good mate helping out with out them haveing to ask for help
I find it humbleing to thank a friend for giving me a hand somehow with out me asking
I like the feeling of knowing someone cares enough to notice n act
I like the feeling I get doing the same
I like to try to do someone a favour a day
BUT Ive a family to support bills to pay and a life after work and I wont go broke wondering who my friends are
Mark Anthony Amor
If we want anymore excrement like that outta you we'll squeese ya head :eek:
Mind how ya go now ;)
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Re: How do you price "Extra Shoeing Work" 07 Jul 2012 14:48 #10

  • Travis Morgan
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Well said, Red. Everyone wants a "buddy" rate, but they're nowhere to be seen when you could use a buddy to help out with the bills or drive you to the doctor when you get hurt and can't work. My price is my price. Pay it or go to hell.
Copenhagen. You can see it in my smile!
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Re: How do you price "Extra Shoeing Work" 07 Jul 2012 17:31 #11

  • Rick Burten
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Red Amor wrote:
BUT Ive a family to support bills to pay and a life after work and I wont go broke wondering who my friends are
+1 Well said!
Rick Burten PF

In the immortal words of Ron White: "But let me tell you something, folks: You can't fix S-tupid. There's not a pill you can take; there's not a class you can go to. S-tupid is forever."
."


Je pense donc je suis
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Re: How do you price "Extra Shoeing Work" 05 Oct 2012 12:21 #12

Travis,

Well said!!! My price is my price and if they dont like it, then don't call me, when the 40.00 a full set of shoes (Farrier) lames your horse. It is funny that when they call you because there is 2 hot nails in every foot, saying "please come help," i used to feel sorry for the owner and the horse, now i fix the horse and charge the owner double + emergency call and explain to them they would have saved alot of money if they would have just paid my price to start with. I explain that in this business, you get what you pay for!

I once had a Vet tell me that if they own horses they need to be able to afford the best for them. The Vet dont cut me a break, his prices is his prices, period.

As far as the extras question, I charge 3X material cost. I have a list on the trailer, that is about 4 times the material cost (usually covers cost +TIme), I tell the owner that im cutting them a break just charging them X3.
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How do you price "Extra Shoeing Work" 12 Oct 2012 15:39 #13

A gave a talk at Dusty Franklins last certification in Minco Oklahoma about business and several asked how I charged and the first question I asked was how much money would you like to make a year. Then asked how many horses they would average in a week. How may weeks of vacation they take. You take the income divide by 47 then divide by 5 then by horses a day. That was the easy part then I asked what all went into the cost (most just took materials and fuel some truck) when we sat down and started to list what all I want my business to cover shocked a lot of people. I add in to the cost of shoeing all expenses from Life insurance, health insurance, truck expenses (fuel, repairs, and payments, insurance, exc.), meals, help, tools, supplies, office expense, a percentage of house payments, Utilities, books and magazines, education expense. Add all expenses up divide by 47(2 week vacation 3 weeks of days lost to no work) then divide by 5 (days worked a week) that will give you weekly expenses that do not change. they divide by number of horses a day that will give you expenses per horse. Add to the amount you want to make a year and that is what it cost you to shoe a horse. divide by 6 and that is what your hourly rate should be then times by double the cost of materials (your rate is off the first time(time it take to do the extra work) work and charge that hourly rate because you will get fasted the more times you do a job and increases profit.
In life your work is your signature, try to sign with elegance and grace.
You do not have to be the best just care the most.
John Muldoon
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