TGM
Well-Known Member
Ten horses a day
! My OH's back would be knackered if he did that on a regular basis. I think you totally underestimate the overheads involved too - if you cover a reasonable area (as opposed to doing a few big yards) then the motor costs really add up. There is the cost of the lease or loan (or the capital cost if you buy outright) plus insurance, diesel, tyres, servicing and repairs. The average farrier's van gets a lot of rough treatment travelling up and down farm tracks and narrow lanes. On top of that is professional idemnity insurance, Continuous Professional Development costs, etc.
I've found the farriers that really rake it in are the ones with several apprentices, as they don't have to pay the lads much, but it enables them to get through a lot more work. The other rich farriers I know usually work all the hours God sends and risk knackering their backs
. There is no sickness or holiday pay for farriers, and they run a greater risk of injury than the majority of tradesmen.
My OH turns away customers every week and charges a competitive price, but there is no way we are wealthy!
I've found the farriers that really rake it in are the ones with several apprentices, as they don't have to pay the lads much, but it enables them to get through a lot more work. The other rich farriers I know usually work all the hours God sends and risk knackering their backs
My OH turns away customers every week and charges a competitive price, but there is no way we are wealthy!