How to Set up a Dog Walking and Pet Sitting Business

How to Set up a Dog Walking and Pet Sitting Business

There are different types of insurance policies created for different types of companies with different risks. If you`re not sure what types of risks your business may be exposed to, start with general liability insurance. This is the most common coverage small businesses need, so it`s a great place to start for your business. However, when you start, it may make sense to start with the basics and grow from there once you have an established business. For some reason, I was waiting for it too. I just created a separate savings account until I had to hire people. As soon as I started hiring, I created a business account. Some pet sitters continue to work full-time until they have put money aside to “hold” them while building their third-party businesses. Others offer part-time pet sitting (in combination with full-time or part-time employment) until their clientele grows to the point where they have to leave their other job to focus solely on sitting pets. Plus, learning how to set up business loans can help you get credit cards and other financing on behalf of your business (instead of your own), better interest rates, higher lines of credit, and more. Most businesses are required to collect VAT on the goods or services they offer.

To learn more about how sales tax affects your business, see our article on small business sales tax. Nextiva is our top pick for small business phone numbers because of all the features it offers for small businesses and its fair prices. If your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) will be at risk if your business is sued. In business law, this is called piercing your corporate veil. I find that when pet sitters start a pet sitting business, they download forms, buy the cheapest insurance, and move on. Often, things like properly classifying your business unit for tax-saving purposes aren`t even a thought. Or things like protecting your current or future assets with different classifications like LLC, S-Corp, etc. It is crucial for every present and future pet sitter to have a CPA and a lawyer on their team from day 1.

Don`t hand over our service contracts, which may not even be valid in your state! (It really happens) It`s also important to think about the services your pet sitting business will offer. Will you only offer traditional pet sitting tours, or will you offer other services such as daily dog walking and night pet care? Depending on your background and education, in addition to sitting pets, you may also be able to offer behavioral changes or basic care. Some pet sitters also offer animal transportation (i.B i.e. to and from vet appointments). We`ve seen this all too often – a person who may have recently been laid off or is simply ready for a career change thinks, “I love pets, so how difficult can it be?” and jumps straight in. Months later, they are still looking for customers or worse, they are faced with the financial ruin of a pet keeping error that has occurred. Some of the challenges you may face when starting a pet sitting business include: The vast majority of responsible dog owners and walkers don`t need to remember the importance of keeping control of the dogs they are in their care of. However, there are some things that require additional consideration, and insurance for pet sitters is one of them. When it comes to classifying your business, there are several options. For our industry, the usual decisions are between sole proprietors or limited liability companies (LLCs).

Whether you decide to join an association or not, there are a few essential points to consider when starting a pet business: I`ve heard of third-party software several times in my first year, and I`ve reviewed it and didn`t feel I needed it. When I started renting and the business started to grow, I decided to give it a try, and it`s life-changing! In 2017, I completed a program that was offered free of charge to small business owners. This program was carried out by SBA & Interise. It was called “Emerging Leaders / Streetwise MBA”. The day session costs an average of $37 per day with a range of $25 to $50. Overnight boarding can cost between $50 and $75 per night. .