3 Reasons Pet Care Businesses Fail

3 Reasons Pet Care Businesses Fail
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Puppy groomer

Pet care professionals train for hours learning how to groom dogs, pet sit, dog walk, and more. After they’ve trained, they’re ready to start their own business! Because there are several different aspects of starting and operating a business, a few things can slip through the cracks if you’re not careful.

Pet Care Insurance provides insurance for just about every kind of pet care professional—from pet groomers and boarders, to pet walkers, sitters, pooper scoopers, and more. Not only do we provide pet care insurance, but we provide business advice so you can run a thriving pet care business and see the results you desire.

Today we’ll talk about three reasons why pet care businesses fail, and how you can avoid them.

#1: They Don’t Keep Up Their Marketing

Because pet care professionals can often run their business out of their home, it can be difficult for these business owners to get out and meet new people and potential clients. It’s important for pet care business owners to get out of their comfort zone and keep spreading the word about their business that they’ve worked so hard for.

One of the most important aspects of running a business is promoting it. Without marketing and advertising, your company would never be able to grow. Think about how you want to market your business. You can start by posting your services, prices, and schedule on social media platforms like Instagram, Facebook, and TikTok.

You can print out fliers and hang them up around town so local people can see the services that you offer. You can also learn more about digital marketing so you can advertise your business online with Facebook ads and Instagram sponsored posts. Do some research to see what would be the best method for your business and target market.

#2: They Don’t Have Updated Insurance

Pet care professionals often think that they don’t need pet care insurance because they don’t really face risks. However, each pet care professional faces risks each day while with their furry clients. A common accident that happens with pet sitters is leaving the door or gate open and the pet escapes. A pet groomer may accidentally cut a dog they are grooming and be held liable for medical bills. As a pet boarder, you can be held responsible for any property damage that is done by the pet while it is in your care. Because of all these risks and more, you’ll want to make sure you have insurance in place.

Pet Care Insurance offers policies for pet care professionals for $139 per year. Rather than requesting a quote to see the price, you can fill out an online application in less than 10 minutes and receive instant coverage. Invest in your business today so you can have a financial safety net in the future. If you have any questions regarding policy details, feel free to contact our licensed insurance agents today.

#3: They Don’t Manage Their Finances Properly

 

Because you’re the business owner, there can be a lot of startup and other costs, and you need funding to keep your business going. Managing finances for a company may be a new challenge to you. Create a realistic budget and stick to it. As your business grows, so can your budget.

Establishing your prices for the services you offer will be one of the most important steps when first starting your business. You’ll need to understand your clients’ needs and what they’re willing to pay. It’s also important to make sure that you are documenting all of your expenses so that when tax season rolls around, you can have a comprehensive list of business expenses that are eligible for tax write offs.

Work Hard & See Success!

Being a pet care business owner doesn’t need to be hard. If you put in the time and dedication, you are sure to see success. Have a well-thought out business plan and stick to it. Never stop marketing your business, make sure you have insurance, and manage your finances properly. We wish you luck with your pet care business!

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