7 Reasons Buying a Pet Franchise Can Be a Good Investment
Splash and Dash Groomerie & Boutique Track Record of Success
If you have done research into the number of franchise options in the past few years you’ll know that the pet franchise industry is booming. Since 2008 the pet franchise industry has been growing in the billions. This year projections end around $62.75 billion, a $20 billion dollar increase from 2014. Projections for 2019 estimate around $92 billion. Entrepreneurs agree this an advantageous climate to invest in. But what makes Splash and Dash Groomerie & Boutique stand apart from the rest of the industry?
Splash and Dash has a theory that franchisees work “on the company” as opposed to “in the company.” We believe in continual growth. Adaptation and innovation to meet market demands, and giving exemplary service are the factors that ranked Splash and Dash Groomerie & Boutique twice in 2014 and 2015, and is set to make the list again this year. We are the only pet franchise that has made the list twice. Our franchise goals are to break even in six months. We work hard with entrepreneurs to make this happen. The franchise has 31 locations and 16 licenses is expanding and advancing everyday. For more information click here.
Splash and Dash Groomerie & Boutique Brand Strength and Company Symbolism
There is nothing more ubiquitous and recognizable than McDonald’s Golden Arches and the Nike Swoosh. Brand is important in the pet franchise too. Customers and clients deserve to be able to trust the groomers and products related to their pets. Branding helps soothe client apprehension when dropping off their dog at a groomer. When a franchise is known for superior service, pet owners can trust their loved one with that franchise.
Splash and Dash Groomerie & Boutique has established a strong brand. Both the company brand and our services are a reliable symbol of excellent business. We love our pets and and our passion for them drives us. Entrepreneurs that decide to invest in Splash and Dash Groomerie & Boutique are guided through company brand for signage, paint guides, color schemes, and use of decor. Honest and ethical turnkey options are available and help is at hand every step of the way.
Our front door face is also adorable.
Training Programs, Assistance, and Workshops
When deciding to invest in a franchise do your research before going solo. The reasoning some entrepreneurs choose to opt for a franchise are the benefits the franchisee provides. This includes help with everything from day one. Splash and Dash Groomerie & Boutique created it’s own in-house training manual. The company also conducts an annual workshop called Splash and Dash University (SDU). There is a continuous and open dialogue with corporate for support ranging from information technology to accounting. The company’s terminal software is dynamic. An aspect of this software allows location owners to participate in expediting any and all aspects of business.
In-House Design and Operating Support
No matter what business you invest in, marketing events and promotions are important. Organizing the more technical aspects of promotion can be a tedious task that takes expertise. Ff a franchise owner wanted to launch a marketing campaign, that owner would need to find a platform to launch, design graphics, create content, and handle all the meticulous details in-between. It is a daunting task. Splash and Dash Groomerie & Boutique is here to make this task less daunting.
Corporate aids with any promotions and marketing campaigns that may be of interest and initiates them. Also provided is terminal software that makes operating a franchise exponentially easier. Everything from POS, payroll, and client tracking are all integrated and constantly updated.
This is the advantage of choosing a pet franchise.
Once a business owner has selected a contractor, secured a store-front location, and has finished construction, their next step is to fill the empty shelves with products. The initial stock order is complicated. Researching what products sell, how much to order, and price points for these products can be a make or break for new business. A good tip of advice is to go with what is already working.
Splash and Dash for Groomerie & Boutique already have locations in place that are selling great products. Products that not only sell, but that customers have positive conviction toward. Having an inventory that balances good price points and product integrity is key. The company is here to help strategize.
Vendor selection is also a difficult task when first opening. Researching suppliers, distributors, and vendors while maintaining a low overhead can be a headache. This is important to the pet franchise industry. Innovations like premiumization and delicacy treats keep the market dynamic.
Splash and Dash Groomerie & Boutique establishes connections between franchisees and vendors. The aim is to expedite the process. Also making re-ordering and maintaining inventory a simple task. Assistance with price negotiation, purchasing equipment, and supplies is all part of the process.
Make a Smart Investment and Avoid Unnecessary Risks
Start-up business is risky. The reward does not always pay off despite owner’s due diligence. Franchise business are more likely to succeed because they are established–they have track records of success. Instead of starting from scratch entrepreneurs have the capacity to build onto an already existing brand.
Good brands come with a good franchise. A good franchise has strong training programs and will work with you to expand your own knowledge and your business. They will not leave you in the dark. Assistance in software used, management, operating support, and inventory should all be part of a basic pet franchise package.Owning a pet franchise can be a beautiful and rewarding thing. When it’s done with the right franchise that backs entrepreneurs through all 7 steps.