A pet sitting business is a business that takes care of other people’s pets either in their homes or on a business premises that is dedicated to accommodate pets. The pet sitter’s responsibilities include feeding the pets, reporting behavioral issues, as well as playing with pets to encourage mental and physical stimulation.
You may also have to vacuum pet hair and dander off carpets and furniture. The global pet sitting market size is anticipated to reach USD 5.0 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.7% from 2020 to 2027.
Steps on How to Start a Pet Sitting Business
Table of Content
Conduct Market Research
The first step in the market research process for your pet sitting business is to develop market-based research questions in line with your overall business goal and objective.
In this regard, you should source information that will help you maximize your business, give you a clue of what your potential market will be looking out for from a pet sitting business and also help you operate your pet sitting business with less stress and build the business to profitability.
a. Who is the Target Market for Pet Sitting Business?
- Pet owners
- Vet clinics
b. Is Pet Sitting Business a Profitable Business?
Yes, the pet sitting business is quite profitable. Statistics show that the industry is anticipated to reach USD 5.0 billion by 2027.
c. Are There Existing Niches in the Industry?
No, there are no existing niches when it comes to the pet sitting business.
d. Who are the Major Competitors?
- DFW Pet Sitting Services, Inc.
- PT’s Pet Sitting Service
- RedDog Sitting Services, LLC
- Truly Pawesome – A Dog Walking and Pet Sitting Company
- Lauri’s Pet Sitting Service
- Ark Angels Pet Sitting Services
- While You Were Out Pet Sitting Services
- Dan’s Pet Care
- Upper Cape Pet Services
- Carolina Pet Care Services, Inc.
- Prestige Pet-Sitting Agencies, LLC
- Four Paws Pet Sitting Services
- Wild Things Pet Services
- Above & Beyond Pet Services
- TLC House & Pet Sitting Service
- Jill’s Next Door Dog Walking & Pet Services, LLC
- Happy Tails Pet Sitting Services, LLC
- Alexandria Pet Care, Inc.
- Houston’s Best Pet Sitters
- Valley Pet Sitting Inc.
e. Are There County or State Regulations or Zoning Laws for Pet Sitting Business?
Yes, there are county or state regulations and zoning laws for pet sitting businesses, and players in this industry are expected to work with the existing regulations governing such business in the county or state where their business is domiciled.
For example, Florida, Texas, and most states have no license requirements for pet sitting services other than the standard business registration license. However, you may be subject to local permits depending on how you plan to operate your pet sitting business.
f. Is There a Franchise for Pet Sitting Business?
Yes, there are franchise opportunities for pet sitting business, and here are some of them;
- Fetch! Pet Care
- Canine Dimensions
- Dog Training Elite
- Hounds Town USA
g. What Do You Need to Start a Pet Sitting Business?
- A Feasibility Report
- Business and Marketing Plans
- Business Licenses and Permits
- A Good Facility
- EIN (Employer Identification Number)/Federal Tax ID Number.
- A Corporate Bank Account
- Startup Capital
Choose a Memorable Business Name
When looking to start a business, before you can begin to file the necessary documents with the constituted authorities or start your website, it is necessary that you come up with a name that you will be recognized with. It is essential that the name you come up with can easily be pronounced, is unique and easily memorable.
Some of the catchy business name ideas suitable for a pet sitting business are;
Creative Pet Sitting Business Names ideas
- The Lords© Pet Sitting Company, Inc.
- Boston Connect® Pet sitting Company, LLC
- Animalistic© Pet Sitting Company, Inc.
- Pet Solutions® Pet Sitting Company, Inc.
- Jonah House™ Pet Sitting Company, Inc.
- Jerry Benson™ Pet Sitters, LLC.
- Drill Blaze© Pet Sitters, LLC
- Jonny Moore® Pet Sitting Company, Inc.
- Green Leaf© Pet Sitting Company, Inc.
- Martins© Pet Sitting Company, Inc.
- Sleek Doggie® Pet Sitting Company, LLC
- Coast Line® Pet Sitting Company, LLC
- Pet World™ Pet Sitting Company, LLC
- Thomas Gusto© Pet Sitting Company, Inc.
- The Don’s Place® Pet Sitters, Inc.
- Santos Marcos™ Pet Sitting Company, Inc.
- Open Heaven™ Pet Sitting Company, Inc.
- Mexican Guys© Pet Sitting Company, Inc.
- One Stop® Pet Sitters, LLC
- Friendly Colony™ Pet Sitters, Inc.
Register Your Business
a. What Type of Business Structure is Best for a Pet Sitting Business?
Even though there are several options when it comes to the business structure of a pet sitting business, the one that most players in this line of business consider is an LLC. It is common to consider an LLC because providers want to protect themselves from lawsuits.
Please note that an LLC will need an EIN if it has any employees or if it will be required to file any of the excise tax forms listed below.
b. Steps to Form an LLC
- Choose a Name for Your LLC.
- File Articles of Organization.
- Choose a registered agent.
- Decide on member vs. manager management.
- Create an LLC operating agreement.
- Comply with other tax and regulatory requirements.
- File annual reports.
c. What Type of License is Needed to Open a Pet Sitting Business?
- General Business License
- Health and Safety Permit
- Zonal Permits
- Signage Permit
- Operational State Facility Inspections
d. What Type of Certification is Needed to Open a Pet Sitting Business?
You don’t need any certifications to open a pet sitting business.
e. What Documents are Needed to Open a Pet Sitting Business?
- Business and liability insurance
- Federal Tax Payer’s ID
- State Permit and Building Approval
- Certificate of Incorporation
- Business License
- Business Plan
- Employment Agreement (offer letters)
- Operating Agreement for LLCs
- Insurance Policy
- Contract Document
- Company Bylaws
- Memorandum of Understanding (MoU)
f. Do You Need a Trademark, Copyright, or Patent?
If you are considering starting a pet sitting business, you may not have any need to file for intellectual property protection or trademark because the nature of the business makes it possible for you to successfully run it without having any cause to challenge anybody in court for illegally making use of your company’s intellectual properties.
Cost Analysis and Budgeting
a. How Much Does It Cost to Start a Pet sitting business?
To be truthful, the cost required to open a pet sitting business may vary significantly. But a standard pet sitting business can cost anywhere from $10,000 to $100,000 depending on the size, whether or not it will be heated, require electricity, and how you have it plumbed.
b. What are the Costs Involved in Starting a Pet Sitting Business
- The total fee for registering a business in the United States of America – is $750.
- Legal expenses for obtaining licenses and permits as well as the accounting services total – $1,200.
- Marketing promotion expenses (2,000 flyers at $0.04 per copy) for the total amount of $80.
- The cost for hiring a business consultant (writing of business plans inclusive) – is $2,500.
- Insurance (general liability, workers’ compensation, pet insurance, and property-casualty) coverage at a total premium – of $2,400.
- The cost of accounting software, CRM software, and Payroll Software – is $1,500
- The cost for payment of rent for 12 months at $1.76 per square foot in the total amount of – $35,600.
- The cost for facility remodeling – is $25,000.
- Other start-up expenses including stationery – $100
- Phone and utility deposits will cost – ($2,500)
- Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $30,000
- The cost for start-up inventory (dryers, tables, tubs, floor grills and trays, faucets and often ramps for pets, bowls, bedding, cleaning materials, dog tie, and chains) – is $16,027
- Storage hardware (bins, utensil rack, shelves, glasses case) – $3,720
- The cost for counter area equipment – is $6,000
- The cost for store equipment (cash register, security, ventilation, signage) – $3,150
- The cost for the purchase of office furniture and gadgets (Computers, Printers, Telephone, TVs, Sound systems, tables and chairs et al) – is $8,000.
- The cost of launching an official website – is $600
- Miscellaneous – $2,500
c. What Factors Determine the Cost of Opening a Pet Sitting Business?
- The size of the pet sitting business
- The choice of location
- The required licenses and permits
- The type of facility
- The cost for branding, promotion, and marketing of the pet sitting business
- The cost of furnishing and equipping the facility
- The cost of the insurance policy covers
- The cost of registering the business
- Source of your supplies and ongoing expenses
- Cost of recruiting and training your staff
- The cost for the purchase and customizing of uniforms
d. Do You Need to Build a Facility? If YES, How Much Will It Cost?
It is not compulsory to build a new facility for your pet sitting business, but if you have the required finance, it will pay you to build your facility. The truth is that building or reconstructing a facility will help you come up with a facility that will perfectly fit into your overall business goals and vision.
e. What are the Ongoing Expenses of a Pet Sitting Business?
- Supplies (inventory expenses)
- Utility bills (internet subscriptions, phone bills, signage, and software renewal fees et al)
- Salaries of employees
f. What is the Average Salary of your Staff?
- Manager (Owner) – $45,000 Per Year
- Pet Sitters – $29,630,000 Per Year
- Cleaners – $25,000 Per Year
- Security Guard -$24,000 Per Year
g. How Do You Get Funding to Start a Pet Sitting Business?
- Raising money from personal savings and sale of personal stocks and properties
- Raising money from investors and business partners
- Sell shares to interested investors
- Applying for a loan from your bank/banks
- Source for soft loans from your family members and friends.
a. Executive Summary
Pet World™ Pet Sitting Company, LLC is a neighborhood pet sitting business that will be located in a fast-growing pet-loving community in San Antonio, Texas. We have been able to secure a one-year lease of a vacant facility within the city’s largest residential estate. We are fortunate to secure a facility with an option of renewal for 5 years at a rate that is favorable to us.
b. Products and Service
- Pet sitting and grooming
- Boarding pets
- Operating dog pounds
- Guard dog training
- Pet training
- General merchandise of pet-related products (pet foods, shampoos, dog ties, chains, pet clothes et al).
c. Mission Statement
Our mission is to build a highly competitive and successful pet sitting business that will become the number one choice for both individuals and corporate organizations.
Our vision is to establish a standard pet sitting business in San Antonio, Texas that will become one of the leading pet sitting brands in the industry, and also be amongst the top 10 pet sitting cum pet services brand in the United States of America within the first 5 years of operation.
d. Goals and Objectives
The goals and objectives of a pet sitting business are to help pet owners take care of their pets when they are away.
e. Organizational Structure
- Manager (Owner)
- Pet Sitters
- Security Guard
a. SWOT Analysis
Our strengths as a company are highly qualified employees and excellent customer service. Excellent facility, excellent ambiance, and perfect location for a pet sitting business.
A major weakness that is obvious to us is the lack of economies of scale which may slightly affect the prices of our services.
There are unlimited business opportunities available to pet sitting businesses in busy cities like San Antonio where loads of people own different types of pets.
The major threat to our pet sitting business is unfavorable government policies, pet-related pandemics, and of course the arrival of a competitor within our market space.
b. How Do Pet Sitting Businesses Make Money?
Pet sitting businesses make money by offering the following services;
- Pet sitting and grooming
- Boarding pets
- Operating dog pounds
- Guard dog training
- Obedience training
- General merchandise of pet-related products (pet foods, shampoos, dog ties, chains, clothes et al).
c. Payment Options
- Payment via bank transfer
- Payment with cash
- Payment via credit cards
- Payment via online bank transfer
- Payment via check
- Payment via mobile money transfer
d. Sales & Advertising Strategies
- Introduce your pet sitting business by sending introductory letters alongside your brochure to pet owners and other key stakeholders throughout the city where your pet sitting business is located.
- Advertise on the internet on blogs and forums, and also on social media like Twitter, Facebook, LinkedIn to get your message across
- Create a basic website for your business to give your business an online presence
- Directly market your services.
- Join local pet sitting business associations for industry trends and tips
- Provide discount days for your customers
- Advertise our business in community-based newspapers, local TV and radio stations
- List your business on yellow pages ads (local directories)
- Encourage the use of word-of-mouth marketing (referrals)
a. How Much Should You Charge for your Service?
Generally, pet sitters charge $25 to $30 a day on average, depending on the services involved. The average cost of a 30-minute visit is $25, while overnight pet-sitting costs $75 to $85.
b. How Much Profit Do Pet Sitting Business Owners Make a Year?
It depends, but the available report shows that those who work for larger pet sitting businesses report earning between $30,000 to $45,000 per year. Independent pet sitting business owners with no employees report earning as much as $57,000 annually.
c. What Factors Determine the Amount of Profit to Be Made?
- The capacity of the pet sitting business
- The types of additional services offered
- The location the pet sitting business is covering
- The management style of the business
- The advertising and marketing strategies adopted by the pet sitting business.
- The number of years the pet sitting business is in business
d. What is the Profit Margin of a Pet Sitting Business?
The profit margin of a pet sitting business is not fixed. It could range from 35 percent to 65 percent or more depending on your ongoing expenses.
e. What is the Sales Forecast?
Below is the sales forecast for a pet sitting business. It is based on the location of the business and other factors as it relates to such startups in the United States;
- First Fiscal Year: $240,000
- Second Fiscal Year: $400,000
- Third Fiscal Year: $540,000
Set Up your Office
a. How Do You Choose a Perfect Location for Pet Sitting Business?
- The demography of the location especially as it relates to people who own pets
- The purchasing power of businesses and residents of the location
- Accessibility of the location
- The number of pet sitting businesses, and related pet businesses in the location
- The local laws and regulations in the community/state
- Traffic, parking and security et al
b. What State and City are Best to Open a Pet Sitting Business?
- Manhattan, New York
- Pittsburgh, Pennsylvania
- Boston, Massachusetts
- Montclair, New Jersey
- Brooklyn, New York
- Chicago, Illinois
- Durham, North Carolina
- Los Angeles, California
- Green Bay, Wisconsin
- Dallas, Texas
c. What Equipment is Needed to Operate a Pet Sitting Business?
Dryers, tables, tubs, floor grills and trays, faucets and often ramps for pets, bowls, bedding, cleaning materials, dog tie, pet leashes, and dog chains.
When it comes to hiring employees for a standard pet sitting business, you should make plans to hire a competent shop manager (owner), pet sitters, cleaners, and security guard.
Launch the Business Proper
When it comes to launching your pet sitting business, you should try as much as possible to publicize the business through different means. The more publicity, you give the business, the more likely you are to get clients right from the first day you opened your pet sitting business.
a. What Makes a Pet Sitting Business Successful?
- Choose a good location and facility to launch the business
- Make sure you hire experienced employees
- Engage in continuous training and re-training of your employees
- Be deliberate with your marketing sales approach
- Encourage the use of word of mouth to promote your pet sitting business
- Leverage all available online and offline platforms to promote your pet sitting business
b. What Happens During a Typical Day at a Pet Sitting Business?
- The business is open for the day’s work
- Pet owners bring in their pets
- Pets are assessed and subjected to the required training, grooming, walking et al
- Administrative works are carried out (documentation, reconciling of accounts et al)
- Pet owners come in to pick up their pets
- The facility is cleaned
- The business is closed for the day.
c. What Skills and Experience Do You Need to Build a Pet Sitting Business?
- Customer services skills
- Interpersonal skill
- Good endurance skills (must be willing to work outdoors regardless of the weather)
- Accounting and bookkeeping skills
- Business management skills
- Bargaining skill
- Work experience in a pet sitting
- Experience in managing people
- Experience in business administration
- Experience in handling different types of pets.