Doggy Day Care Boom: What it means to Potential Franchise Owners
When it comes to finding the best franchise, many people often go directly to which franchise they think is the hottest. The mentality here is that you strike while the iron is hot and if these businesses are making money, why not jump on the bandwagon? This is the case with doggy daycare franchises across the country. They are popping up everywhere and seem to be the new “it” service pet parents are looking for. This is why it is important to understand the impact it will have on other pet franchises.
The Rise of Doggy Daycare
A decade ago, if you had said the words doggy daycare, most people would have had no clue what you were talking about. While there were some options, this industry has really only taken off within the last several years. There are several reasons for this. One is that people have proven that they love their pets like family. In fact, people love their pets to the extent that they will go without in order to give to their pets. For working families, especially ones with hyper dogs, this is a good solution. It allows the animal to get exercise, attention and socialization during the day. Today, most people know about doggy daycare, even if they do not understand how it works or how it differs from boarding.
The Influence This Has Had on the Pet Industry
It may seem that a surge in one area of the pet industry would be felt in others. The truth of the matter is that it really has not affected other pet businesses. It has contributed to the growth of the pet industry, though not at the expense of other businesses. There are many pet businesses that have included doggy daycare as a part of their business model to capitalize on this hot trend. However, this has not detracted from the sales in other categories. For instance, grooming salons have not seen a decrease in sales since this trend emerged. Rather it seems doggy daycare has filled a gap in the industry no one knew was missing.
Is Doggy Daycare a Viable Business Opportunity
Depending on what you are looking for with your business, it can be lucrative. However, you should not choose your pet franchise simply because you think it is trendy as trends come and go. Take the time to understand what the business has to offer, the potential revenue you could earn and what the vision for the company is. It should also be noted that there are several drawbacks when it comes to doggy daycare. You will want to take a look at the entire franchise to understand if this is the right opportunity for you.