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1 The Different Types of Pet Businesses
ОглавлениеThe first thing you must ask yourself is: Why do you want to start a pet business? Is it because of your love for animals or solely for the hope of creating a profitable venture? Will you attempt to fill a gap in the industry or create a niche market?
As with any business you must have a clear and concise objective as to the type of business you want to start, and what benefits that business will provide to your clients and community. Defining your motives in the beginning will give you and potential investors an idea of the future profitability of your business. When looking at the overall consumer activity in the pet industry, an increasingly upward trend has developed in the last decade, taking what used to be a conservative multimillion-dollar industry, into a staggering multibillion-dollar industry.
Once you’ve decided what your particular focus is you can start focusing on other aspects such as location, regulations, population (statistics), business plan, and future expansion.
I have broken down the overview of various business opportunities into sections in this chapter, rather than into individual businesses. Frankly, there are just too many viable business options to go into too much detail on all of them. The sections that follow cover businesses that can be described as services, health care, retail, or nonprofit or volunteer.