Episode 44 | Crucial Factors to Consider When Buying a Pet Business
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In the U.S. alone, the pet industry just hit $123.6 BILLION spent on pets through products and services. Maybe you own a company in the pet industry, want to get into the pet industry, or are looking to buy another business in this BOOMING niche. Makes sense!
In this episode, Pet Boss Nation’s CEO, Candace, details the various types of businesses you could purchase within the pet industry, but even more importantly–
The key factors to consider when buying a business.
Candace has successfully sold three different pet businesses, and each experience has been a bit different than the last. Her understanding of the process and the intricacies that could make a BIG difference is invaluable information for anyone considering buying a pet business.
In this episode, Candace discusses:
☑️ What the different types of pet businesses are and why purchasing one might be an easier entry point.
☑️ The pros and cons of purchasing an existing pet business vs. starting your own.
☑️ The nitty gritty details of the buying process and five important questions you must ask yourself before moving forward with the purchase.
Ready to dive in and see if buying a pet business is the right decision for you? Grab your note-taking tools, and let’s get to it!
Check out these Pet Boss® Resources
Podcast: How to Start a Pet Business
Podcast: How to Prepare Your Pet Business Exit
Blog: 3 Questions to Ask Yourself when Starting a Pet Business
Blog: 3 Tips for Starting (or adding) Services
Blog: Is a Franchise in the Pet Industry Right for You
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