What You Should Know Before Starting a Dog Boarding Business
Let’s get down to business – starting a dog boarding business
When it comes to opening a dog boarding business, it may seem as though you need little besides space to house the dogs and staff to feed and walk them. In reality, however, starting and maintaining a dog boarding business can be full of unexpected challenges. With the proper research and preparation, it is possible to create a thriving business but, if you do it wrong, you could be faced with some serious problems. If you are considering opening a dog boarding business, keep these tips in mind.
Questions to Ask Beforehand
Before you commit to starting your business, there are a few simple questions you need to ask yourself. What is your primary motivation for opening the business? Do you have the time and space to devote to the business? Is there a need for a dog boarding business in your area? If your primary motivation for opening a dog boarding business is to make easy money, you should think again – as is true of any business, you need money upfront to get your business started and then it could take some time before you start to see a profit. It could cost you anywhere between $25,000 and $80,000 to get your business of the ground.
In addition to the financial factors, you also need to think carefully about whether you have the time to devote to such a business. If you feel as though you are truly able to commit to a dog boarding business, your next question to answer is whether there is a need for such a business in your area. It doesn’t matter how hard much time you put into developing the business – if the need isn’t there, your business is unlikely to succeed. Another important issue to raise is the legality of having such a business in your area. You will need to research zoning and licensing requirements in your area to make sure it is legal for you to start any kind of business (particularly out of your home).
Proper Planning Is Key
Once you’ve determined that you’re ready to start your own dog boarding business, it’s time to get to work. And a great plan will help guide you through the entire process, as you’ll know what you need to do in order to make your dreams of working in the pet care industry a reality.
Here are a few tips that can help you get started. Then, once your dog boarding business is up and running, it will be a matter of properly managing it in order to maintain it for the long run and watch it grow over time.
Outline What Services You’ll Offer: In addition to boarding, will you also offer grooming and bathing services, or perhaps even canine training sessions? Will you only offer longer term boarding, such as for people who are going on vacation for a few days, or will you be providing daycare services for people who just need someone to watch their dogs while they’re at work? Will you have a small store that will sell pet food, toys, and other pet care products to your customers?
Determine the Prices You’ll Charge for Your Services: After you establish the services that you’re planning on offering through your dog boarding business, it’s time to figure out your prices for those services.
Your price structure will depend on your location, as different markets might charge different amounts of money to customers for the same services. So do your research into what other local dog boarding facilities are charging.
Beyond that, you also need to come up with prices that will allow you to make a large enough profit every day in order to keep your business running. This step will involve calculating your expenses to ensure they’ll be covered by the money you’re bringing in from sales. It will be easier to do this once you’ve found the right facility and you know what the overhead costs will be.
Find the Right Facility: Now that you know what services you’ll be offering to your customers, you can more easily find the ideal facility to make it all happen. Perhaps you’ll find a former dog boarding facility that you can revamp and make your own, or maybe you’ll find land on which you can build one from scratch. No matter what, check zoning regulations, local laws, and licensing requirements to ensure you’ll be able to run your business in a particular location.
As you search for your place of business, keep location in mind at all times. Will it be easy for customers to find your boarding facility? Will it be located in an area that gets plenty of traffic by car and by foot, so people who have never heard of your business before will learn about you?
Also, be sure that the facility you choose will give you enough space to house everything you need. Again, this will depend on the services that you’re planning on offering. For example, if you’re adding grooming services to the mix, you’ll need to have a space that will accommodate that. Check that the facility will be easy to keep clean and safe for your workers and the animals in your care. And ensure that temperature control will be simple throughout the year as well.
Tips for Better Management
Once you have done the background research and have determined that opening a dog boarding business is definitely the way to go, you can start thinking about some of the details. A large percentage of new businesses fail due to poor management, so you would be wise to keep these basic management tips in mind before you start your own business:
- Treat your business as a business – you may have gotten into it because you love dogs, but if you don’t treat your business as such you won’t take it seriously
- Invest in effective marketing strategies to increase your sales and to get the name of your business out there
- Don’t miss out on opportunities to make extra income off existing clients – offer grooming services, sell toys, etc.)
- Keep track of everything from the hours you spend on bookkeeping to the money you spend on upkeep of your boarding facilities – over time you will start to notice opportunities to increase efficiency
- Reinvest in your business – when you first start your business you should put your early profits back into the business rather than putting them into your pocket
- Don’t forget about savings – put away a little bit of money each week to help provide a cushion against disasters and unexpected costs
- Get a good insurance plan – not only will you need to insure yourself and the property but you’ll also have to carry insurance for the animals you board in case they are injured under your watch
- Hire quality staff – being an animal lover shouldn’t be the only criteria – look for people who are responsible and hardworking who will mesh with your existing staff
Starting a business isn’t easy and it definitely isn’t something you should jump into without proper forethought and preparation. If you feel as though you have the time, the financial means and the drive to successfully operate a dog boarding business, however, don’t let anything stop you from accomplishing your goals!