business plan for a pet sitting business

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Business plan for a pet sitting business there are more good things than bad things about our future essay

Business plan for a pet sitting business

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Doe has more than 10 years of experience in the animal care industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. The Founder expects that the business will aggressively expand during the first three years of operation. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.

The Company is registered as a corporation in the State of New York. At this time, Pet Sitter, Inc. Below is a breakdown of how these funds will be used:. Doe is not seeking an investment from a third party at this time. If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Pet Sitter, Inc. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

Below is a description of the services offered by Pet Sitter, Inc. As stated in the executive summary, the primary revenue center for the Company will come from the ongoing daytime and nighttime care offered to pet owners in their own homes. The business, at the onset of operations, will have three animal handlers on staff to appropriate care for animals during the day and evening.

This section of the analysis will detail the economic climate, the animal care industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in a state of sluggish growth.

This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this sluggish growth will continue for a significant period of time, at which point the economy will begin a prolonged recovery period. However, animal care businesses operate with great economic stability as people who need to travel will continue to require kenneling services for their animals.

The independent animal care industry consists of 8, businesses that operate throughout the United States. The industry also employs more than 33, people. The growth of the industry has remained on par with that of the general economy. The ancillary pet care service market is a mature industry, and Management expects that continued growth of the industry mirror that of the US economy in general.

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. The Pet Sitter, Inc. Below is an overview of the marketing strategies and objectives of the Pet Sitter.

Doe intends on using a number of marketing strategies that will allow the Pet Sitter to easily target men and women within the target market. So, it is necessary for you to create a business plan for the pet business you intend to start and this article will show you how to do that. Starting Petty Pet Sitting Home was born out of the desire to make pet owners and their pets happy.

The few pet sitting business that provide quality services charge very exorbitant prices that most pet owners cannot afford. This has caused discontents among pet owners who need a pet sitting home that offers top notch services at affordable rates. It is because of this challenge that pet owners are facing that made us decide to start a pet sitting business.

The aim of Petty Pet Sitting Home is to provide a pet sitting business that is satisfactory and affordable for pet owners. Our pet sitting business will boast of top notch facilities for pets, conducive environment and a very satisfactory customer services. We will make sure that we hire highly experienced and competent staffs who are hardworking and dedicated to the business.

The business goal of Petty goal is become the most patronized pet sitting business in the whole of United State and we intend to achieve this goal by providing quality services to pet owners at affordable prices. Petty Pet Sitting Home will be a family business that will be run by Dr. Patrick Shaw and Mrs. Alice Shaw. Patrick Shaw is a pet behavioral psychologists whose experience and expertise in the field of pet psychology makes him have a keen understanding of pets and helps him relate very well with pets.

He has been consulted for various pet sitting business all over United States for the past 35 years and have now decided to set up his own pet siting business. On the other hand, Mrs. Alice Shaw is a business analyst that has been working with small businesses for more than 30 years now.

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Canadian pet sitters can find similar resources through the Canada Business Network. Do you want your company to have a specific focus? While most pet sitters care for both dogs and cats a majority also offer services for birds, fish and cage pets, as well as special needs pets , some choose to focus exclusively on cat care while others may offer dog walking only.

Some even choose to specialize in exotic, reptile or livestock care. Will you offer traditional pet-sitting visits only, or will you offer other services such as daily dog walking and overnight pet-care sits? Depending on your background and training, you may also consider offering behavior modification or basic grooming in addition to pet sitting. Some pet sitters also offer pet transportation to and from veterinary appointments, for example.

First, take a look at the areas you plan to service. What do you know about the pet ownership in your particular area? Taking a look at the pet-focused businesses in your area can give you a good idea—if there are local pet stores, groomers, veterinarians, other pet sitters, etc. Perhaps you already know all of the pet-care services in your area. If so, great! If not, the information is easy to find. Completing a simple Internet search or flipping through the phone book do you even have a phone book anymore?!

But, to get a better idea of the number of pets in your area, you can take advantage of public records. Did you know that in many counties, pet owners are required to report the dogs they own and pay the taxes assessed for these pets? This annual listing is used to issue dog tags to pet owners. Because this information is public record, you are likely able to view it and possibly able to also purchase the list at your local city or county tax office.

This list gives you a good estimate of the number of pet owners and potential clients! An advantage of starting a professional pet-sitting business—as opposed to other careers in the pet industry—is the low start-up costs. However, with any business, start-up funds are necessary.

PSI offers this free estimated start-up costs checklist to help you determine the amount of initial capital you will likely need to get your business started. Another important financial decision to consider is how you will support yourself and, if applicable, your family while you are building your business. The time it takes to build up your client base varies, depending on many factors, including your location and how aggressive you are in promoting your services.

Others offer pet sitting part-time either in combination with a full-time or other part-time job until their client base grows to the point that they need to quit their other job to focus exclusively on pet sitting. Want more information like this? As you research starting your own professional pet-sitting or dog-walking business, you may find these additional resources helpful as well:.

PSI members can log in to the Members area of www. Not a member? Join today or contact PSI to learn more. Since , PSI has been the leading educational association for professional pet sitters. Learn how PSI can help you build and grow your pet-sitting business. Skip navigation The world's leading educational organization for professional pet sitters since Share This Page Tweet.

Thanks for the sound advice. I am in the process of setting up my pet sitting business and need all the advice I can get. Thank you for sharing such a fabulous resource. So many people thinking about a career as a pet sitter have absolutely no idea where to start - and continue.

Great info to have, for sure, for those starting a pet sitting plan. I have a close friend who watches my Huskies in my home, but if I didn't have her, I always worry about who to get and if they have experience. Thank you for sharing this! I'm sure it will be very helpful to those starting up their own business.

This list is a good foundation to get started, as with any business. Like you mentioned the proper education is key too. The business, at the onset of operations, will have three animal handlers on staff to appropriate care for animals during the day and evening. This section of the analysis will detail the economic climate, the animal care industry, the customer profile, and the competition that the business will face as it progresses through its business operations.

Currently, the economic market condition in the United States is in a state of sluggish growth. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this sluggish growth will continue for a significant period of time, at which point the economy will begin a prolonged recovery period.

However, animal care businesses operate with great economic stability as people who need to travel will continue to require kenneling services for their animals. The independent animal care industry consists of 8, businesses that operate throughout the United States.

The industry also employs more than 33, people. The growth of the industry has remained on par with that of the general economy. The ancillary pet care service market is a mature industry, and Management expects that continued growth of the industry mirror that of the US economy in general. This is one of the sections of the business plan that you must write completely on your own.

The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. The Pet Sitter, Inc. Below is an overview of the marketing strategies and objectives of the Pet Sitter. Doe intends on using a number of marketing strategies that will allow the Pet Sitter to easily target men and women within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet.

Below is a description of how the business intends to market its services to the general public. The Pet Sitter will also use an internet based strategy. This is very important as many people seeking local services, such as pet sitters, now the Internet to conduct their preliminary searches. Doe will register the Pet Sitter, Inc.

The Company will also develop its own online website that will showcase the facility, its services, its quality treatment of animals, relevant contact information, and pricing. At the onset of operations, Mr. In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section.

However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page. In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set.

For each owner or key employee, you should provide a brief biography in this section. Pet sitting services are expensive, and as the economy is currently in recession the demand for these services may continue to decrease. However, the business provides overnight care services, which are required from people that are traveling, and Management feels that this service will not decrease despite changes in the general economy. Expanded Profit and Loss Statements.