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Why Pet Franchises are The Safest Investment in 2019

Did you know that nearly half of the households in the United States have dogs inside of them? That’s an estimated 90 million four-legged friends that are running around the house barking at the neighbors as we speak. When you tell the average person that statistic it sounds like a fun fact, however, when you tell an entrepreneur that half of American households have dogs inside them, they see money signs pop outside of their eyeballs.

Based on these statistics, it’s not surprising to see pet-related businesses have been popping up left, right and center over the past decade, and many of these have emerged into the world of franchising. From pet sitting and dog walking to animal grooming, there’s a business out there to cater for the need and whim of every four-legged friend in America.

I guess you could say that the statistics really do “bark” for themselves. But what is it particularly that makes the world of animal services so attractive for both franchisors and would-be franchisees?

Why the Pet Industry is the Safest Investment

An important element to a safe investment is scalability and teachability, especially from the franchise standpoint. The beauty of most pet-related businesses is that they are simple and straightforward enough to be replicated by another person in any type of geographical area. This is why pet franchises are so popular, why start a brand new business when you can find a model that’s already working successfully? A new dog grooming franchise can be fully staffed and trained within 6 months time.

Franchisees can begin to be profitable in absolutely no time, this is why franchising can be a win-win situation for both franchisor and franchisee.

dog grooming franchises

The nature of a pet-related business also means that it’s unlikely to be significantly affected by regional or geographic variations, making it a model that is likely to be suitable for expansion on a significant scale if all other elements for success are present and correct.

The pet industry also has the numbers to back all of this up, did you know that the pet industry is recession proof? 92% of pet owners spent the same or more on their pets during the most recent recession period, according to Forbes. This means that the $80 billion dollar industry keeps on giving, no matter if it’s the recession or a thriving economy, the pet industry is always profitable.

Do you Need to Love Animals?

Passion for animals is definitely an important factor when looking to invest hard earned cash into a business model in a sector such as the pet industry. Many people will join a dog franchise based off their passion alone, not to mention the $80 billion dollar pet industry which makes it that much more appealing. A pet franchise allows the opportunity to build a business around a love for animals, and allows animal lovers to bring their pet along to work!

love animalsIf you love what you do you’ll never work a day in your life. This is something that many people rely on when they follow their dreams of owning a pet business. Nothing is more enjoyable than going to work everyday enjoying what you do.

Many people join the pet industry on this love and passion alone, and when passion meets entrepreneurship, magical things happen. Every single year more and more people are looking for flexible working opportunities and opportunities where they can work from home and choose the hours that they work.

Many of the pet franchises available allow the franchisee to operate the business from a home office – where you can work with your own cat or dog curled up at your feet!

What’s the Best Pet Franchise to Invest in?

One of the most unique and fastest growing pet franchises today is Splash and Dash Groomerie & Boutique. Splash and Dash’s impressive growth has been recognized by the Inc 5000, not once, not twice, but three times.

best pet franchise to invest in

Splash and Dash is one of the fastest growing franchises in the fastest growing industry. Splash and Dash is revolutionizing the pet industry by offering a “Unlimited Monthly Bath and Brush” membership starting as low as $39.95 per month, allowing pet parents to bring their dogs in as many times as necessary.

For customers, the simple monthly fee keeps their pet care costs affordable and predictable, and franchise owners enjoy steady predictable recurring income and constant “up-sell” opportunities from the high traffic in their store. This is the perfect business model for entrepreneurs because it brings tons of foot traffic to your brick and mortar store and has so much more potential for growth.

Multiple revenue streams that are build in to the business model, from the dog wash and grooming, to the organic and natural pet treats and toys, Splash and Dash is ahead of the competition. To see all of what Splash and Dash has to offer, download the free franchise report below.

Download FREE Franchise Report

How Women are Dominating the Pet Business Sector

Cracking the Glass Ceiling: Women in Business Continues to Rise with Growth in the Pet Industry

Amidst all the turmoil seen in headlines lately, there is good news. A force that was once marginalized, women in business are becoming a strong force. There are over 11.3 million women-owned businesses in the United States, making up 38% of all U.S. businesses, according to The 2016 State of Women-Owned Business Report. This is a 45% spike from 2007, compared with 9% increase in overall U.S. business. As the fiscal year draws to a close in 2017, many are anxiously waiting for reports of women in business statistics continuing to show growth. Women-owned businesses are vital to the country’s economy. They employ almost 9 million people and generate over $1.6 trillion in revenue every year. Just as importantly, women business leaders help spread equality in the workplace as we continue to chip away at the glass ceiling.

There is still a long way to go but the increase in women-owned business is a good sign. 61% of women in business can be found in one of four sectors—administration, professional technical services, health care, and the pet industry. Business growth in these individual sectors has widened the margins for women to own their own business. Another reason 3.5 million women-owned businesses have opened in the last decade is many women possess innate skills that make them strong business leaders. Women are often adept with priority setting, people coordinating, and communication.  Driven by tenacity and proficiency—more than half of the estimated 9.72 million new small business jobs and one-third of total anticipated new jobs will open from a women-owned business in 2018, according to the U.S. Bureau of Labor Statistics.

A company making huge ripples in the pet franchise industry, Splash and Dash Groomerie & Boutique have been able to open doors for many women looking to escape the inhibitions of corporate America. Women like Natalie Dufek who worked as a nurse before opening her own shop in Meridian, Idaho. “The last few years I was in nursing I got into the management side of things, so I didn’t have as much hands-on nursing with the patients. It was more like sitting in meetings and managing. I just kind of lost some of the passion. There was an organizational restructuring in the company I worked for, and everything just kinda changed for a while. So I was like I need to do something different.”

Natalie, among other women, found a new promising venture in the pet industry, an industry that is growing itself by over 62% since 2007, and ended with $66.75 total U.S. Spending.

Women-Owned Business in the Pet Industry

Based in Portland, Oregon, The Earth Friendly Pet Company Cycle Dog is owned by Lanette Fidrych. Her company stated in 2009 and has since recycled hundreds of thousands of used bike tubes. Cycle Dog’s business model takes old bike tubes—made from rubber that would otherwise sit in a landfill—and figured out a way to handcraft dog collars and leashes. The collars are antibacterial and her line has increased to harnesses, toys, and beds. Cycle Dog is a company within the pet industry that is pioneering the way for women-based businesses with strong values.

Another company founded by a woman that is partnered with Splash and Dash Groomerie & Boutique is Kelly K. Ison’s company, Einstein Pets. Einstein Pets’ treats are made with only seven ingredients including the superfood Chia Seed. The aim of the company is to provide pet owners with an all-natural responsible diet that is as delicious as it is healthy.

Splash and Dash love to give back and try to do our part in not only partnering with women in business but with women-led companies who are choosing to lead with corporate social responsibility. Companies that are using eco-friendly recycled materials to make pet supplies are strong partners. Dog food supplies that use all-natural holistic ingredients in their formulas are traits Splash and Dash values. Providing both Cycle Dog and Einstein Pet products in our shops is a point of pride.

Women in Franchising

In the franchising segment, women have also been able to gain more traction. With the ‘boy’s club’ networking schematic still ingrained in the corporate ladder, many women opted out of lower salaries and condescension—in favor of the freedom of franchising. 21% of all U.S. franchises are women-owned. An additional 43% are co-owned between men and women, making two-thirds of franchises controlled by a woman in some capacity.   

What makes franchising appealing for women, is that franchising gives them the ability to choose who they hire and work with. Franchising allows one to become their own boss. The benefits of this are that a franchise owner can control life-work balance, schedule, salary, location, and other important aspects of their career. For some women in business, owning a franchise gives them autonomy in the workplace they want.

Recent Survey published by the Franchise Business Review show that female franchisees are generally happy across the board. 90% of women stated they enjoyed operating this business while 74% stated they would “do it again.” Franchising, like all business, is a calculated risk. What separates owning a franchise from traditional career pathways, is that when you sit down for an interview with a franchisor, you are assessing their values as much as they are assessing your own. A reputable franchise has a business model that operates as two-way street—franchisee success is company success.

What Splash and Dash Has to Offer

Splash and Dash Groomerie & Boutique is a unique pet salon grooming and retail franchise. The company has proprietary software that simplifies every aspect of owning a pet store. Business operations like client booking, automated marketing, and employee management are all handled by the company’s terminal software. On top of this, an advantage Splash and Dash owners benefit from is having a recurring revenue source. The signature service is membership-based and is completely unique to Splash and Dash. This makes it a win-win for franchise owners and customers. Splash and Dash is the only franchise able to provide a recurring revenue stream with the signature service.

The company is also proud to have franchise owners from diverse professional and cultural backgrounds. Before opening their shops many of the women franchisees worked in industries unrelated to pet care. Franchise owners like Sandy Yueng who opened her Splash and Dash in Suwanee, Georgia.  “I always loved dogs,” Sandy says. “I was thinking since I have to pay someone to do this. Why don’t I  just do it?” Sandy’s inspiration to open a pet shop was caring for her three Shelties. “With the boutique, I can educate people on high-quality food, how they can help their dog’s health. I am happy to hear to when customers tell me their dog’s skin-health gets better after switching foods and getting [spa] services.”

Another woman who converted her grooming shop to a Splash and Dash Groomerie & Boutique is Jaime Meyer from Coppell, Texas. I was looking for a way to stay current in our technologically driven society,” Jaime says. “It was extremely hard as an independent to find that technology.” After opening her Splash and Dash, Jaime has found a new ease with owning her own small business. “The transition was fun, I really enjoyed all the additional technology that was afforded to us. I enjoyed being able to provide the friendly user experience. I thought it was nothing but positive,” she says.

From more ideas for women in business, click here.

 

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