Can breeding be profitable?

[RyTimMick]

@bluehof;6378723

This isn’t exactly the whole picture though…the initial investment cost $10K, but then there is the maintenance of the mare (feed ,farrier, vet, show fees, etc.) as well as the cost of producing each of those 15 foals.

For example I bought a new piece of laboratory equipment for my hospital. It cost $10K, but I also have a monthly maintenance fee for it if $50. Then every time I run blood work I have to use these “cards” that cost about $18 each set. So when I calculate how much it costs to run blood work I have to include: the cost of the machine, maintenance fees, cost of those cards, cost of the tech to run it and my cost to interpret the results.

So if you are really running a business you NEED to factor in all those ancillary and hidden costs!

Did you just buy a Vetscan?

Tim

[Blume_Farm]

[QUOTE=RyTimMick;6380103]
Did you just buy a Vetscan?

Tim[/QUOTE]

No, I upgraded to a catalyst from IDEXX. Also added digital radiography which is amazing! I actually make a little less money now on the radiographs but it is worth it in having better diagnostic ability! Counting puppies with digital rads is so much easier!