Here is a 10 Step Business Plan Guide to Start Pet Sitting Business with Low Money
Pet sitting is one of the most profitable businesses to start from your home or your backyard. To break up, pet sitting business primarily involves taking care of pets. One can charge their clients and pet owners for the variety of pet care services offered. You additionally can even sell pet food and other necessities.
As owners have to leave for a vacation or have to be at the work, these pet sitting services come to rescue. Owners are ready to pay more for proper animal care services where they pets can feel at home. As a business owner, it’s your duty to make it happen.
If you want to start a successful pet sitting business, here are the following steps.
1. Pet Sitting Business Plan
A proper business plan will help you to set the goals. As you plan, be clear about your objectives. This will help you to define the initial costs and market. Decide whether you want to start the pet sitting business as a full-time job or you will do it when possible. A detailed plan will help you to make better future decisions.
2. Financing Pet Sitting Business
Pet sitting business does not involve high set up costs, so you can start with minimal money. Most of the businesses are run from home. So basically you need to have a basic setup. You even may hire an additional help. You can work according to your flexible schedule and how many animals you will look after at a time.
3. Pet Sitting Business Legality
Permits and licenses are necessary to start a pet sitting business. The legality differs from state to state, but establishing a business is important. This will help your pet sitting business against any legal implication or liability. You can choose:
Sole proprietorships, Limited liability companies (LLC) at an initial phase. Registering as an LLC will not make your personally liable if anyone sues your pet sitting business.
4. Taxes & Registrations For Pet Sitting Business
The taxes largely vary from state to state. You will have to register your pet sitting business for the state and federal taxes. Obtain a Federal EIN. The government will identify your business in its federal tax filings and this will allow you to hire employees or to open a business bank account.
5. Business Accounts For Pet Sitting Business
Business accounting will help you to maintain proper financial records. Setting up separate accounts will simplify the various expenses involved clearly defining the sources of income. A good accounting software will help to track the financial performance of your business by simplifying the annual tax filing.
6. Insurance For Pet Sitting Business
Business insurance plays a critical role when it comes to ensuring the safety of your business and employees. Getting an insurance for a pet sitting business will help you to compensate for any mishap. You may consider:
Pet Sitters Associates LLC
Pet Sitter Insurance.
Several states have made it mandatory for businesses to have insurance.
7. Legal Contract With Pet Owner
Keeping the things clear will keep your business free from any legal obligation. It’s highly recommended that you get a signed contract before taking up the business. Once the pet owner agrees to your terms of service, you accept the service. Have a detailed copy of the legal relationship you will hold between the client and service you will provide.
Things which you can include in the legal contract:
A legal contract with the signature of the client is important. Get it done before you begin your pet sitting service for a new client.
8. Pet Sitting Services To Offer
Select the services you want to offer. This will help you to fix up the pricing and charges. This may vary between the services your offer and the number of visits. Several owners offer special services like:
Pooper scooper service
You can charge individually for every service you offer. See how other local pet sitting businesses have priced their services. If you are starting new, try charging less than your competition. Owners often choose services who offer an in-home environment for pets and are ready to pay higher for better services.
10. Pet Sitting Business Promotion
Once you are set to go, now it’s time to promote. The business will mostly depend on the local clients, you can start with printed pamphlets and business cards. Investing in your local marketing will help you to bring more business. You can target:
Put up one-page advertisements with your business cards at these places. Pet owners visiting any of the places will keep your card for future reference.
Pet sitting business is not only a profitable venture but an emotionally fulfilling business for animal lovers. This guide will help you to expand your business by including additional services for pet owners.