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3 Pieces of Advice When Starting Pet Store Franchises

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When opening your pet store franchises, you may be bogged down by all sorts of thoughts and anxieties. It might be hard to focus on who you are or what you want and what your vision originally was. In the midst of opening a business, there is a lot going on, but don’t get so caught up that you forget these very key things that set the foundation for your success.

 

1. Be Yourself

During start up for pet store franchises, it’s extremely easy to put on a mask of who you think a business owner is or who you think you’re expected to be in your new role. It’s easy to get lost on the focus of money; how much you’re making and how much you’re spending. Chasing money and worrying about who you’re supposed to be. Being authentic to yourself and your brand is the best way to boost business. Clients, customers, and employees can all tell when you’re not being genuine.

 

smart-dog2. Don’t Let Limited Ideas Hold You Back

In pet store franchises, the straightest path is not always the cleanest, but you have to persevere. Think of taking your dog for a walk on a trail, you reach a large puddle and you have to decide to either turn around or walk through it and continue. If you turned around now, you and your dog would not get to take your walk, but if you went through it, you’d have a beautiful sight and fresh air. Dealing with problems in pet store franchise is similar and you need to persevere through it.

 

3. Build a Peer Group

Pet store franchises and other franchise industries have groups that meet. Peer groups are a helpful way to receive feedback in an nonthreatening and respectful environment. Most great leaders, writers, engineers and doctors. Everyone has colleagues whom they trust and go to for their opinion and you should be no different. Form a group of people you trust to have your best interest in mind and watch your franchise change.

 

4 Focal Points for Pet Store Franchises in 2015

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With the start of the New Year, you are probably telling yourself it is time for a change and pet store franchises might just be that change. While starting your own business might seem frightening, there is no better business to start right now than a pet store franchise and let me tell you why.

 

Expenditure on Pets is Growing in the US.

Americans spent $73 billion on pet service and products in 2014. This is due to the fact that more and more Americans are choosing to own pets. People are also more likely to forego luxuries for themselves so they can pamper their pets. This means more money people are willing to spend in pet store franchises.

 

Pet Ownership is on the Rise.

In the last 25 years pet ownership has gone up by 6%, taking the number from 56% of households to 62%. While this doesn’t sound like a lot, it accounts for more than 7.1 million homes in America alone. With pet ownership on the rise pet store franchises are also seeing a boost in sales. More and more pet owners treat their pets more like family members and less like animals. This has created a rise in sales for things like holiday presents for the pet, designer outfits, and specialty snacks and shampoos.

 

Pet Store Franchises Can’t be Stopped.

The recession saw a spending freeze for many industries though it did not slow pet franchises at all. In fact, while other other industries saw losses, the pet industry saw gains during these years, showing that it is indeed recession proof. The stats reveal a compound annual growth rate of 6.7% from 1994 to 2010 with a 4.8% growth in 2010 alone!

 

There is a High Demand for Varying Pet Services

The pet industry is a great investment, as the numbers show. Aside from great financial stability, providing products and services for your local community is an added bonus. Pet store franchises not only help pets, but the pet parents as well.  There are a few  options available to you when looking at pet store franchises, such as boarding, retail shops, grooming and more. Splash and Dash has combined a grooming salon and boutique with a unique business model to provide owners of the pet store franchises with recurring revenue.