With high demand and minimal start-up costs, launching a dog-walking business is a great opportunity for animal lovers to earn extra income while spending time with furry friends.
Dogs have long been known as our best companions due to their loyalty, enthusiasm, and love. However, many pet owners, particularly in large cities, struggle to find time for their pets due to busy schedules. Thatās where dog-walking services come in. We recently spoke with Lori Smith of the Torontoās Urban Tail Dog Walkers to get her take on starting a dog walking business.
If this sounds like a fun and rewarding way to make money while bonding with some four-legged companions, follow these four steps to get started.
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Name and Structure Your Business
Choosing a catchy and memorable name is essential when starting your dog-walking business. Many successful services use playful, pun-filled names to create a friendly and approachable vibe with customers from the start.
Next, decide how youāll structure your business. Many dog-walking companies register as a limited liability company (LLC) or another unincorporated entity, but every business is unique. Itās wise to consult with a financial or legal advisor to determine the best structure for your specific situation.
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Research Your Market
Before promoting your new venture, research the local market to understand your competition. Knowing what other dog-walking businesses charge and offer can help you develop a pricing strategy that sets your business apart.
Dog-walking services are priced in different ways, including hourly rates, package deals, or weekly/monthly subscription models. Take time to figure out which pricing model works best for your business and the needs of dog owners in your area.
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Promote Your Business
Once your business is structured and you understand the market, itās time to spread the word. Here are some ways to promote your new dog-walking business:
- Offer Services to Friends and Family: Start by offering your services to friends and family with dogs. This helps you gather feedback and testimonials, and those five-star Google reviews can make a big difference for your business.
- Leverage Social Media: Create dedicated social media accounts to showcase your dog-walking services. Social media is a powerful tool for engaging with potential clients and spreading awareness about your business. Share photos of happy dogs, success stories, and other engaging content.
- Try Word-of-Mouth and Real-World Advertising: While social media is important, traditional advertising can also help. Consider placing ads in high-traffic areas such as bus stops, dog parks, or billboards to reach dog owners in your community.
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Get the Right Insurance
As Toronto Criminal Lawyer Rupin Bal of Rupin Bal Law Professional Corporation can attest, Insurance is critical when starting any business, and dog walking is no exception. A small monthly insurance premium can protect your business from financial loss in the event of an accident or lawsuit.
If a dog gets lost, injured, or damages property while under your care, insurance can help cover the costs. There are two key types of insurance to consider:
- General Liability Insurance: This covers you for claims involving injury to clients or damage to their property, including lost or injured dogs.
- Professional Liability Insurance: This protects you if a client decides to sue over perceived damages or negligence, covering legal fees and settlement costs.
Be sure to explore options tailored to your location and specific business needs, so your coverage is complete and adequate for the services you offer.
By following these four stepsāstructuring your business, researching the market, promoting your services, and securing insuranceāyou can successfully launch your own dog-walking business in Canada.
