Starting a pet business in the Milwaukee area needs a lot of time, organization, ingenuity, perseverance, and money. This article will discuss pre-business organization.
For those with a confident knowledge of animals and a lot of experience with many species it could be the business for you. Always remember that before starting any business a pre-business plan is essential.
First on the list is to decide what area to be targeted, cats only, cats and dogs, dogs only, birds, exotics, overnight stays, farm sitting the list is endless. To make this decision, consider the time element for each client, the area to serve and the commute time. This will give you an idea of how many clients can be served in one day.
Then the bookkeeping should be set-up before you start. A bank account can be opened and simple, user friendly software is available for a reasonable cost. This will enable you to concentrate on the business.
Save all receipts for supplies and business expenses including the gas used for the business these items should be entered regularly so the entries do not become overwhelming. When you begin to collect your fees a simple deposit and entry into the books will save you a lot of time at the end of the year to get ready for your taxes.
It is always a good idea to apply for a Federal Identification number. Use this number on your Schedule C, form 1040.
You can also get a Post Office Box for your business use. It is a secure way to receive checks and payments in the mail.
The topic of fees and payment methods will be discussed in the next article.
Milwaukeeans who want to start a pet sitting business should take in to account the economic environment of the area. Be sure to have enough money on hand or start as a second job and do research. Talk with a local veterinarian like the Cat Doctor, a grooming parlor like EmBark Pet Spa and speak with pet owners in your area.