There is a saying that "there's a kernel of truth in every lie" and when it comes to the business world, often times fallacies can arise and discourage an eager entrepreneur, when at their core, there is very little truth behind them. These false beliefs limit the business opportunities of otherwise fully capable businesspeople by turning them away from franchises that, realistically, are perfect matches for their personalities and would provide for their needs excellently. Here are some of the more popular myths about the pet industry and how to avoid the potential problems.
1. "It's Just A Dog"
If you said that to a dog lover (who statistically make up about half of the American population), it would be advisable to step back a couple feet in order to avoid any physical reactions to such a statement. Though some people really don't care for animals, those who do care, care adamantly, often considering their dog, cat, or canary a part of the family. And these people are the reason that the pet industry exists; as long as they view their furry companions as children, there will be a huge market for pets and pet products.
2. "A Pet Business Can't Possibly Be Profitable"
On the contrary, whether it's a Wild Bird Centers store or an Out-U-Go! dog-walking home based business, every pet business is part of the $43.4bil industry in the United States. I'm sure at some point in our nation's history, the notion of a store that only sold pet products was laughable, but today it's a hugely profitable industry with no prospect of dwindling: 63% of America owns a pet, and where there's a pet, there will be a continued need for pet services and products.
3. "You Need To Have Previous Experience"
This has to be one of the most common misconceptions in all of franchising, which is ironic, because nearly every franchise requires little to no experience. When a new business owner starts his Dogsmith dog training franchise, the franchisor comes alongside to teach him everything that founder Niki Tudge knows about training and business operations; there is no need for him to have anything but the innate desire to succeed in business ahead of time. Although experience in a particular field can only help you new franchise business, it is rarely necessary.
4. "I Couldn't Possibly Afford A Kennel Or A Storefront"
As a simple statement of personal financial capability, that may be true, but the presupposition that a pet franchise requires a kennel or storefront is far from true; there are plenty of work from home franchises available in the pet market. One good example is Canine Dimensions In-Home Dog Training, a business in which the owner trains both pets and pet owners in their own home. All work is done in your home and the homes of your clients; no storefront required.
5. "A Pet Business Will Be All Play All The Time"
This is akin to saying; "having a baby will be all play all the time" it's more than a little inaccurate. Pet Supplies Plus, a pet retail business, and Dogtopia, a top-grade canine spa, are both serious businesses. They require large initial investments, meet the needs of hundreds of animals and owners a week, and take constant effort on the part of the owner, just like any other business. The fact that you get to work with dogs and play with kittens is certainly a perk, but in this busy industry, running a serious business will earn you some serious profits, but it will be far from all play, all the time.
6. "All Pet Businesses Are Either Dog Training Or Retail"
Those may be two of the more popular corners of the pet industry, but they are by no means the only options. One option is the Muddy Dog Wash & Coffee Bar. This unique franchise opportunity provides dog grooming and great coffee. A section of the store is setup for retail sales, but the bulk of the business will come in the form of making the dogs look and smell great, and keeping the owners caffeinated. There are few more creative combinations of business models out there, and neither aspect of this particular shop is concerned with training dogs or selling pet food.
7. "You Have To Love Animals To Run A Pet Business"
While it might make more sense to start a business in an industry that you like, it's not absolutely necessary for a pet business franchisee to be crazy about pets. There is one particular field that comes to mind that would be fine for someone who doesn't particularly care for pets: waste management. That's right, businesses like Pet Butler and Hound Mounds work only with the doggy leftover, not the dogs themselves, and while these businesses may not seem glamorous, there is big money to be made in this business as more than 60% of Americans own dogs and 100% of those dogs poop. What's more, you can run either business in a managerial role and escape personal contact with both the animals and their waste, yet still reap the benefits of the labor.
Whichever myth has kept you away from a franchise in the pet market, it doesn't have to. This is as viable an opportunity as any other, and equipped with enough information, you can make the pet industry work for you.
Business Franchises For Sale
Unemployment has been slowly rising for awhile, but with all the economic troubles falling on the shoulders of businesses great and small, employer cutbacks appear to be getting worse. There are a few industries that have taken such a hit recently that their employment level is either already falling or expected to fall shortly.
Just over a week ago, CNN posted an article to show what industries were likely to see the largest cutbacks next, and their conclusions really don't come as much of a surprise. The first on their list was the housing market, which recently saw its worst September since 1981. The finance industry has already seen 110,000 job losses in the last year, and it's not looking like any changes to that pattern are in the wings. Retail came up as well; struggling as a market even before recession set in, the industry appears to be crawling toward its slowest holiday season since 2001, which means that seasonal hiring may be much lighter this year. Since advertisers are moving away from more expensive printed advertising, employment in the printing industry is also expected to take a hit. And to finish off the list, the automotive industry (primarily auto-production) and the travel market are also suffering, which means a gloomy outlook for two-million auto workers and countless airline and travel employees who are already being let go.
The research offers a bleak forecast, but the article closes with a ray of hope. One Chicago businesswoman from the personnel industry recommends that those laid-off work on honing skills they've acquired in one line of work so that they can be applied to an industry that may still be looking for help.
That's a wise piece of advice. In fact, the loss of a job may be the perfect opportunity to take advantage of a work at home business opportunity. Many home business franchisees have claimed that being given a pink slip was the best thing that ever happened to them, because it forced them to drop a line of work they didn't enjoy and take up a successful franchise which allowed them to be the entrepreneur they naturally were.
If changing industries sounds like a good move, and starting a home based business is an exciting prospect, here are some business opportunities worthy of a closer look.
WSI Internet
One of the dominant players in the recession-proof internet marketing industry, WSI Internet has been named one of the top 50 franchises in the world today. They've been in the industry for the last 11 years, and have stayed on the cutting edge of online marketing consultation from day one. Today, the primary responsibility of a franchisee is consulting clients in the best ways to exploit the internet for the purpose of marketing their businesses. Franchisees needn't come with any past experience, but simply the willingness to learn the industry.
Rocket Vending
The way they describe their business is "vending with a conscience." Unlike almost all other vending businesses, this business for sale contributes a portion of every candy sale to a breast cancer organization of the franchisee's choosing. The machines are built with a colorful, artistic design that attracts attention and spotlights the altruistic intent of the business. And to top everything off, the vending industry is recession-proof, making it a solid work at home business endeavor in all economic climates.
Claiming another corner of the vending market, DVDNow is one of the leading names in the growing industry of automated movie-rentals. Franchisees manage as many automated DVD machines as they can handle, placing the devices in public places like grocery stores, shopping centers, and malls to capitalize on a growing segment of movie-viewers who want renting a DVD to be quicker, more convenient, and cheaper than a traditional rental store can make it. This work from home business is not only resistant to recession, but may in fact be counter-recessive, as harder economic times drive more people to cheap forms of quick entertainment.
Undoubtedly, it's a nerve-racking time for the American economy, but the shrinking of some markets is far from the collapse of all of them. The future is anything but lost, and getting through this difficult time is, in many ways, just a matter of keeping a stiff upper lip, trying something new, and taking advantage of whatever may come your way. The job market may not be strong, but that may simply afford people an opportunity to grow stronger instead.
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