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A juvenile bearded dragon lives two houses down from me.
While only 8 inches long from head to tail currently, with proper feeding it’s going to get a lot bigger. And as long as my neighbors purchased a strong cage for the little guy, I’m reasonably comfortable with their choice of a pet.
And speaking of pets, let’s discuss why you should look into owning a pet franchise.
Why Are Pets So Popular in the United States?
It’s been said that “every little boy should have a puppy.” Or in my neighbor Jack's case, a dragon. And let’s not forget the girls. They should have a pet too.
Why, though? It’s been shown that children raised with pets has many benefits. Here are 3 of them, courtesy of The American Academy of Child and Adolescent Psychiatry:
- They can help develop responsible behavior in the children who care for them.
- They provide a connection to nature.
- They can teach respect for other living things.
While those are great reasons for children to have pets, today’s consumers buy pets for other reasons too.
For example, some people purchase pets, like large dogs, for protection. Others purchase pets because they want to save them. I bet you know at least one person who owns a rescue. Of course, companionship is another popular reason.
Long story short, pets will continue to be a huge part of our lives.
And that’s where your opportunity lies.
3 Excellent Reasons to Own a Pet Franchise
1. Flexibility in Operations
Not only are there dozens of choices in pet franchises, but there are several different ways to own and operate a pet franchise business nowadays.
Whether you're looking for a small boutique-style operation or a larger-scale facility, there are options that cater to different preferences and investment levels. In the case of a pet boutique, examples include pet bakeries or grooming franchises. Of course, you can go big, and own a large retail pet store, or a pet boarding and/or training business.
The choices are many, as are the investment ranges.
2. Personal Fulfillment
It is highly recommended that people who consider owning and operating a franchise in the pet space be pet lovers. Can you see someone who dislikes dogs owning and running a dog boarding franchise? Exactly.
The reality is that today’s successful pet franchise owners want the satisfaction of working closely with animals, providing valuable services to pet owners, and contributing positively to the lives of pets, because it’s incredibly rewarding on a personal level.
3. Extremely Loyal Customer Base
If you do things right as the owner of a pet franchise business, you’ll have a cadre of loyal customers.
Pet owners tend to be extremely loyal customers, often forming long-lasting relationships with service providers who care for their pets. Building trust and rapport within the community can lead to a dedicated and recurring customer base. That base is great for referrals, too! And that means more revenue for your franchise business.
One More Thing...
I've already told you three powerful reasons for you to consider owning a franchise in the pet-related space, but there’s another reason. And it’s an important one.
It has to do with the fact that the pet industry is evolving beyond "traditional" services. For instance, there’s an increasing demand for specialized services like mobile pet grooming, holistic pet care, pet tech, and new, eco-friendly products.
Combined, these products and services offer diverse niches in the pet space for aspiring franchisees to explore.
Is a pet franchise right for you? If so, start your search with our listing of great pet franchises available today!
The Franchise King®, Joel Libava, is a top franchise expert. He’s written over 2,000 different articles on franchise ownership and personally consults with people who are looking to buy a profitable franchise. Go here to find out how The Franchise King® can help you become your own boss.