28 C
Lagos
Tuesday, February 25, 2020
Advertisements

Pet Bakery Business

Featured Posts

10+ Best Anti-malware and Antivirus Apps for Android and iOS 2020

Viruses are nasty and a malware infected device can be a real pain. From corrupting your files, bombarding you with ads, transferring data and...

10+ Best Smartphones Below ₦30,000 For September 2020

Do you need an Android device below ₦30,000 (thirty thousand Naira)? You have come to the best place. Owning a high-end smartphone is one...

Poly: Google’s New Library, Helps You to Ease Your Creation of AR and VR Contents

The recent rise of the Virtual and Augmented reality industry has garnered a lot of attention, and Google, being one of the biggest players...

Dampwood Termites (Porotermes Adamsoni) – Profile and Information

The Dampwood termites make a small, primitive family Termopsidae of the termites family, Isotepra. They include four or five still existing genera with 13...

The Best Android Phones Below ₦45,000 in 2020

Getting a budget device is always challenging as one needs to be careful so you can buy a device that gives you the best...

If you love pets, and you’ve got some talent in the kitchen, you might consider starting a pet bakery business, either as a part-time way to make extra money, or a full-time business venture.

Advertisements

Some people might be skeptical of the idea of baking dog treats as a business, but they shouldn’t be. The gourmet pet bakery business has been growing rapidly in recent years, and should only continue to do so in the future.

Today’s pet owner is more conscious of the nutritional needs of their dogs, cats, and other pets, and most are willing to pay a little extra to buy quality treats for their beloved animals.

Plus some dogs and cats are on special diets, and cannot consume store-bought treats due to their health or other issues, so custom baked treats are the best option for them.

Even many of the large pet store chains like Petsmart are starting to offer gourmet pet bakery products as part of their regular inventory.

A few of the potential benefits of owning pet bakery business include;

  • Low startup costs.
  • High profit margins. Many pet treats can be mass produced for pennies, then resold for several dollars or more in the right market.
  • The ability to run your pet bakery business from your home, at least initially.
  • A large potential market, including pet shops and vets in your area, pet groomers, doggie daycares, and even online opportunities such as launching your own website to sell gourmet pet treats.
  • There’s the ability to be creative, and you can develop your own line of custom treats that dogs and cats will love.
  • The opportunity of residual sales, as satisfied pet owners will return and buy your treats over and over again.

A few of the potential challenges when running a pet bakery;

  • There are specific regulations you must follow when baking and processing your own pet treats.
  • Be aware that there are potential legal issues if the treats you produce do not meet those regulations.
  • While popular, gourmet pet treats aren’t in-demand in all areas of the country, so you’ll want to do some demographic research before proceeding.

Getting your pet bakery business off the ground

First you’ll need to decide if you’re going to operate as a sole proprietorship, LLC (limited liability corporation), or a regular corporation.

A lot of this will depend on your tax considerations, and how large you plan on growing your business into the future. If you plan to go the franchise route, for example, you’ll probably want to set up your business as a corporation. Consult a good tax attorney before proceeding.

Another important consideration is whether you’ll be operating your pet bakery business out of your home, or a retail location. Many people start these type of businesses out of their homes to save money, and sell their bakery products online to get the business off the ground and get some experience.

Advertisements

Another advantage to an online-only business is you’re not required to be in one place every day for a set number of hours as you would if you opened a retail location.

Also the risks are lower, as you’re not tied to an expensive lease on a retail location as you’re getting your business off the ground. Just make sure the regulations in your area permit these types of home businesses.

Then, as the business grows over time, you can eventually move into a retail storefront at some point. The advantages here are you’ll get exposure in your area, walk-in customers, and you can even cross-promote related businesses like dog walking or pet grooming and get additional business as well.

Just be aware of the additional costs involved, and the fact that you’ll have to have the business staffed during regular business hours. And there are additional expenses such as insurance, utility bills, advertising costs and more.

Developing your own pet bakery products

Needless to say, your bakery products are your most important element in a business like this. If you create great products that are nutritious and that pets love, word will spread quickly and you’ll soon have more business that you can handle.

Create poor products, on the other hand, or products that aren’t a good fit for your target market, and you could be setting yourself up for failure in the long run. So make sure you’ve got the product end of your business nailed down before proceeding with your pet bakery business.

Fortunately, there’s not a lot of expensive equipment you’ll need to purchase to start this type of business enterprise. You can start with the basics – cake and cookie pans, plastic containers, cookie cutters, mixing bowls and a commercial electric mixer. There are a number of companies such as K9 Cakery that supply products and equipment for this type of business.

Just remember that one of the great things about gourmet pet treats is that they give pet owners an additive-free and all-natural food option for their beloved pets.

These treats may cost a little more, but they’re healthier for the animal than mass produced store-bought products, and this is a fact you should always emphasize when marketing your natural pet treat business.

Advertisements

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now.

Screen to Body Ratio: 22 Smartphones With the Highest Screen to Body Ratio in 2020

Screen to body ratio on a smartphone screen recently turned into an important thing to consider when comparing smartphones.  It became more important after...

How to Apply For NYSC Revalidation and Remobilization?

Every year thousands of Nigerian graduates register for the National Youth Service Corps program and are sent to different parts of the country to...

Netflix Download Limit: What Is It and How You Can Get Around It?

Netflix introduced its 'download feature' for offline viewing back in 2016, allowing its users to download content and enjoy it offline while they are...

6 Different Types of Car Engines

An engine is the soul and heart of your car simply because it’s the most important part of a vehicle. It acts as the...

Uses and Functions of ROM (Read-only Memory)

A computer is a very important device and besides being the best gadget to play your favorite video games or watching your favorite movies,...

Startimes Subscription Prices, Packages and Channels List in 2020

StarTimes Nigeria is one of the popular cable TV providers in Nigeria. This service is a subsidiary of a Chinese based company called Startimes...

5 Best Blood Pressure Apps for Android

Blood pressure is the pressure the blood applies that on the walls of the vessels they use in travelling. There are two conditions relating...

GB WhatsApp, WhatsApp Plus and OG WhatsApp Tips and Tricks

Checkout the new GB WhatsApp Tutorial. Hello, welcome to WhatsApp Plus, OG WhatsApp and GB WhatsApp tips and tricks. For the sake of this article,...

Definition of RAM, Its Uses and Functions

We are in the 21st century and regardless of how we deny it, we are truly living in a digital era. All people young...

6 Different Types of Motherboards

Motherboards are considered as the heart of any computer you use. This is mainly because they contain important components such as the memory and...