Canadians are pet mad! And pet-related businesses are on the rise. If you are an animal lover you might be thinking of buying a kennel business.
Loving animals is probably the most important attribute that you will need. However, this is certainly not the only thing to consider before you leap into the industry.
Taking care of people’s beloved pets will necessitate a keen understanding of caring for animals and animal behaviour. You will also need to work hard to keep your business clean and welcoming for the animals that stay with you.
If you are sure that you are able to meet these requirements and more, you may be wondering how to go about buying the right kennel. This will take research and careful thought but finding the right one will be an important part of getting your business on the right path to success.
Finding the right business to buy
Most kennels rely on local clientele. People want to be able to leave their dogs somewhere that is both convenient and trustworthy.
Because this is the case, considering where you are planning to live is an important part of finding the right place to buy. Ideally, there will be a suitable business locally.
When considering location, you will also need to suss out the competition. If there are other kennels in the area, are you able to offer something different that will make people bring their dogs to you instead of someone else?
Once you have begun to narrow down your search, you will need to do a thorough due diligence check. Make sure you know why the owners are selling the business and if it will be viable for you to take over.
When carrying out the due diligence checks, it is helpful to bring in professionals to make sure that you don’t miss anything. You should be sure that the kennels that you buy will be a profitable investment.
Consider who your market will be and if there will be room to expand the business once you take it over.
Cover the basics
Running any small business requires more than just passion. If you want to take your new kennels and make it a profitable career, you will need to keep focused on covering the basics.
Pay close attention to the staff that you hire. People are very protective over their dogs and your staff need to be extremely trustworthy.
If they do not have experience or qualifications, you should consider sending them on training courses. This can add great value to the service you provide.
Kennels are also often operating on narrow margins. This means that, more than any other small business, you need to keep a sharp eye on your accounts.
Finally, make sure you identify your target market and market to them. You will obviously be targeting dog owners but think about anything that identifies your customers even more specifically.
If you can draw in customers and offer them a good service, you are likely to get repeat business. You will also be able to draw in customer through word of mouth.
This will send you well on your way to success.