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Looking for the most suitable franchise for you can seem like a precarious proposition. You may be finding it difficult to weigh up turnover potential to initial outlay, or growth projections against ongoing marketing, advertising and promotion costs.
However, far from being a decision based solely upon monetary returns, you also need to consider what industry you would enjoy being placed in and what type of business that really want to run.
This is not to say that you need sacrifice the potential for profit for a business that provides you with enjoyment, in fact, you are far more likely to see financial successes when working in an industry that you truly have a passion for.
To this end we’ve taken a look at the growing array of pet franchises and business opportunities within the animal care sector, and in so doing, find that it is indeed possible to mix (profitable) business, with pleasure.
Pet franchises are amongst the fastest growing forms of franchises there are, which is unsurprising given the UK’s reputation as a nation of dog and animal lovers. In fact, this love for our pets equates to an industry that is worth a cool £2.7 billion per year, and owning a pet franchise could see you staking a claim on this rather lucrative market.
Pet franchises cover all manner of varying businesses within the pet care sector: from retailers and van-based delivery services selling pet supplies, to services such as pet grooming, pet holiday homes and exercise services, the list is extensive.
Of all the franchises there are, pet franchises make for one of the easier opportunities to weigh up in terms of whether it’s right for you or not.
Quite simply, if you have a passion for pets, then your love of animals will make your daily work enjoyable, rewarding and fulfilling.
If you think that running your own pet-related business is right for you, then it is time to undertake a deeper look into what pet opportunities are out there.
Given the huge variety of pet franchises there are it is vital that you undertake thorough research as to the business opportunities that may be of interest to you.
Total Franchise make this part of your franchise journey easy, by listing all the best pet franchises available, alongside a full description of exactly what the various companies offer in return for your investment. Such as Trophy Pet Foods and Scamps and Champs.
When considering each franchise type you should find out all that you can about the company in question. Some businesses are small and you will get a lot of direct support from the franchisor in person, others may be multi-national pet franchise brands.
Investment levels, training and support packages, franchisee case studies and financial projections based on existing businesses are all important aspects to look into.
Investing in a franchise means that you are buying into a proven business system, and the knowledge, experience, brand and resources of the franchisor. Likewise, they are trusting that you will be righty for the business, and will have the right skills and characteristics to run the business successfully.
So, with both parties working together, franchising can not only present a low-risk route into self-employment, but also the opportunity to combine your interests and passions, with a business that can be commercially successful, as well as a joy to run.
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