With over 40% of households currently owning at least one pet, the pet franchise industry will only continue to grow. As it is, demand and cost for pet products and services has rapidly increased.
It is estimated that the cost of keeping a cat over the course of its lifetime is now approximately £17,000 in the UK and $25,000 in the USA, while the average cost of a dog is £23,500 in the UK and $31,000 in the USA. This is made up of a combination of veterinary costs, grooming, dog food, toys and comforts.
The pet food industry alone is valued in the billions, with pet owners growing increasingly discerning about their pets’ quality of life. There is much room for expansion into this industry by new franchisees offering a fantastic service or bespoke product.
Previous experience with pets is not required but a genuine love and passion for the well being of animals is. Working with and providing services to animals can be lucrative as well as rewarding.
Often pet franchisees enjoy their job so much that they do not think of it as work. Pet franchises include home dog training, pet care, animal taxis, pet sitting, dog walking and mobile pet food delivery franchise opportunities to name just a few.
The pet franchise industry tends to have a real ‘hands-on’ approach, mainly due to the people who invest in these franchises being huge animal lovers and, in the end, seeing it more of a love or hobby than a job.
That said, you don’t have to take the hands-on approach if you don’t want to as there is the ability to run many of these in a management capacity, taking a back seat focusing on local advertising strategies to increase revenue through new business and repeat custom.
Whether you have a career or background with animals, or whether you just have a passion for making a real difference to the lives of animals, a pet franchise could be the way for you to move into business ownership and as a viable model for you to work for yourself, but not by yourself.