
Starting a Pet Store Franchise – How to Succeed
When starting a pet store franchise there are many factors that come into play. At Splash and Dash we do everything we can to help franchisees succeed. This resource will help you better understand things you should do and some of the things you should not do. That said, remember that each market is different and it may be the case something works in Florida that would not work in Texas. If you would like to know more about starting or growing a pet store franchise reach out to us at 1-760-861-1071.
Table of Contents
The Investment of Time Upfront
How to Find the Right Industry for Your Franchise
The Investment of Time Upfront
When it comes to a pet store franchise, business endeavor or any type of financial growth it is accepted there is a certain amount of time that must be put in upfront. This devotion of time today will pay off in the long run. A great entrepreneurial quote is “Entrepreneurship is about living a few years of your life like most won’t, so that you can live the rest of your life like most can’t.” In essence, those that have had great success are willing to work extremely hard now knowing that three, five or ten years down the road they will be able to take a Tuesday off to spend time with their children. They will be able to spend a Wednesday afternoon playing golf or they can enjoy a vacation without having to beg for those two extra “holidays”.
This can be a difficult concept for some to understand. Although it may seem difficult in the first 30 or 60 days of your pet store franchise it will improve over time. We will be more than willing to help you through the process and offer educational materials. Being a franchise, we have seen what works and what does not work. You can trust our corporate level to offer the best material for your financial success. Your financial success is our goal so you are in good hands. You may want to check out the 6 Things Successful Grooming Franchise Owners Do.
How to Find the Right Industry for Your Franchise
When you are looking for a pet store franchise, one of the first things you need to do is figure out the industry that you want go with. From there, this will help you to narrow down your options. Here are a few aspects you will want to consider with this.
Go With Something You Know About
Look at the Potential of the Industry
The first thing you will want to do is understand why you want to own your own franchise. You should think about what you hate about your job as well as what your ideal working conditions would be. Try to stay away from the obvious or over the top, such as “I want to be a millionaire.” Rather think about aspects such as do you want to help people? This is also a helpful way to set priorities when narrowing down your list of potential franchises.
The first thing you should do is to choose an industry that you love. Something you are passionate about. You know the saying “find a job you love and you’ll never work a day in your life?” While obviously owning your own franchise is still work (and a lot of it), by going with something you are already passionate about you will be able to make this more fun. You won’t notice all the work you are actually doing because it is something you enjoy.
Go With Something You Know About
Choosing an industry for your franchise that you have no knowledge of is a recipe for disaster. This does not have to be something you have a degree in, but something you have an understanding of. For instance, if you love your pets, then a pet store franchise may be the perfect option for you.
Look at the Potential of the Industry
It is good to have a franchise that you love, but you will need to make money. This is why you will want to choose an industry that is known for making money. For instance, the pet industry saw $59 billion in revenue last year, making it a lucrative option for your franchising needs.