Take advantage of your passion for pets using these 7 most profitable pet businesses to start today. This year is a good time to embrace different business ideas. The events of the past few years have proven that there is potential when one explores his/her passions. Aside from the typical pet stores or veterinary clinics, pet businesses were often just thought of as a means to earn extra money on the side. This is no longer the case with more and more people adopting pets. Pet businesses can become as lucrative as any other business there is today.
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This, of course, depends on many factors. You have to consider the relevance of pets in your area. Are there a lot of pet owners near you? Are there active pet groups and thriving pet stores in your city? These are just a few of the many questions you may need to consider as you look through these businesses. These businesses have proven themselves in different regions of the world. If you’re looking for other ideas that are not limited to just pets, then you should also check out our list of The 7 Most Profitable Businesses You Can Start.
This list is ranked based on how much one can potentially earn doing these businesses. This also takes into account trends for pets this year. These businesses may be interchangeable depending on your preference and how many pet owners are in your area. You may also want to consider what types of pets are more popular for your area to maximize your earnings. Let’s learn more about these 7 most profitable pet businesses to start today:
7. Aquarium & Fish Rentals
Earning Potential: at least $60/day
Some people look for aquariums and fish to put as décor and display for certain events. If you’ve got a lot of partners and contacts for things like events, then you can easily earn more than $60 per day. The challenge is that demand for these types of things often fluctuates, and one needs to put an effort at first to have a continuous stream of clients.
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6. Pet Styling and Grooming
Earning Potential: at least $30 per hour
Not everyone can look after or take care of their pet’s hygiene so one can take advantage of that opportunity. Pet styling and grooming can go from at least $30 to more premium rates depending on your equipment, services, and popularity. This is definitely a good business to consider if there are a lot of pets in the nearby vicinity.
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5. Dog Walker
Earning Potential: at least $25 per dog per hour
This business requires one to be good at building rapport with potential clients. Not everyone can easily trust a stranger to walk their dogs. If you’ve established yourself as professional, you’ll be able to earn a lot of money while handling a lot of different dogs at a time. Be sure, however, to have potentially helping hands when a lot of dogs need walking.
4. Pet Trainer
Earning Potential: at least $30-100 per hour
One can either opt to go for group classes that require participation from the owner or go for private training. Private training often pays a higher amount but is more time consuming as well. The one thing you need to invest in is the knowledge and skills needed in order to train pets. One may also opt to start with just a few varieties of pets as animals do tend to have different behavior patterns.
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There are more potential opportunities as we continue this list of 7 most profitable pet businesses to start today.
3. Pet Sitting
Earning Potential: at least $3,300 per month
Pet Sitting is known as one of the trends and top-earning businesses this year. It acts like a pet day care where people can leave their pets and pay you for your time taking care of them. People can even opt to leave their animals to you for a few days depending on your services and agreement. Whatever the case, this type of business has been earning a lot in different parts of the world
2. Pet Food
Earning Potential: Limitless
Before thinking about selling internationally and global brands, one can opt to check the local market for pet food. You can essentially create a customized marketing strategy that can be personalized. You can also choose to use ingredients that are currently trending for pets. Like some other companies that have made healthier versions of pet food.
1. Pet Technology and Pet Apps
Earning Potential: Limitless
Doing something in terms of technological advancements and/or apps can prove to be a double-edged sword. The amount of money and time you spend doing an invention or innovation can either result to a flop or one of the most successful and revolutionary items in today’s age. This may be a good risk for those who want to consider earning a lot of money.
This has been the list of 7 most profitable pet businesses to start today. Consider these businesses if you have a passion for pets.
