Why Choose the Pet Industry
If you are considering a pet grooming franchise- or any other franchise for that matter- then it is important to understand what makes the pet industry a good option. The truth is that there are many reasons to choose the pet industry. Here are the 5 reasons to choose the pet industry rather than others.
You Love Animals
The most important reason should be because you love animals. When you go into business for yourself, make sure it is something you are passionate about as this will not only create a workplace you love but will also increase your chances for success with the pet franchise.
Pet Ownership is Growing
More than 60% of households in the US have at least one pet and many more have multiple pets. Part of this is because people love animals. Another reason for this is that people are waiting until later in life to have children and instead are adopting animals to fill that void. It has created a new dynamic in the family where the pets are like children rather than some animal that lives in the home. More than that, studies over the last several years have shown the benefits pet ownership can have on people, which has prompted individuals and families alike to find a pet for their home.
There Has Been a Shift in Thought for Pet Parents
Even just a few decades ago, people looked at pets as more of a possession. Today, people look at pets as furry, four legged member of the family rather than just a pet. Additionally, people are concerned about wellness with their pets, just as they worry about their own wellness. This means better health for pets and more revenue for your pet grooming franchise.
The Size of the Industry
Another reason to choose the pet industry is because of how large the industry is. Currently, this is a $73 billion a year industry and this will only go up from here. Pet spending has been on the rise for many years and will continue this rise. This means that there is a lot of opportunity for growth when you own a pet grooming franchise.
The viability of the business is important to consider. You want to go with a franchise that will do well no matter what the state of the economy is. While this may seem like a pipe dream, the pet industry has been shown to be recession proof. When the economy crashed back in 2006 almost every industry took a hit, be it large or small. The pet industry rose during this time. Studies found that people were willing to forego their own luxuries to provide for their pets which is why the industry did so well and why your pet grooming franchise has great potential.
When you look at these 5 reasons to join the pet industry, it is easy to see why this is such a profitable industry. Here at Splash and Dash, we have found a way to capitalize on this industry by offering a unique pet grooming franchise that your customers will love.