Why Do Dog Grooming Businesses Fail? | 7 Reasons to Watch Out For

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7 Reasons Dog Grooming Businesses Fail. With over half of all small businesses failing over the next 5 years, how do we keep your dog grooming business from becoming a statistic? You want to do all you can to keep your pet grooming business around for a long time so let’s see what you can do to stay a happy and healthy dog grooming business.
Recommended Video: How to Price Correctly in Your Dog Grooming Business : • How to Set Your Dog Gr...
KEY MOMENTS IN THE VIDEO:
00:00 7 Reasons Dog Grooming Businesses Fail?
00:41 Reason #7
02:09 Reason #6
03:23 Reason #5
04:53 Reason #4
06:22 Reason #3
07:42 Reason #2
09:07 The #1 Reason Dog Grooming Businesses Fail
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👉 Pricing Your Products Correctly - • How to Price Your Prod...
👉 Pricing Your Services Correctly - • How to Price Correctly...
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👉 PLAYLIST: Pricing Your Products & Services • How to Calculate Marku...
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👉 Understanding Your Business Numbers - KnowYourBusinessNumbersCourse.com
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MORE:
👉 Check Out the Website: babolearning.com
👉 Listen to the Badass Business Owner Podcast
👉 Want to Help Support the Channel? Click the Super Thanks! 
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👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better
👉 DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.
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WHO IS THIS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, appliance repair, dog walkers, insurance, pet business owners, cake makers & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money & know their business numbers better!
#BABOLearning #KnowYourBusinessNumbers #SmallBusinessOwner

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5 июл 2024

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Комментарии : 36

@BadassBusinessOwners 2 года назад

What Other Reasons Do You See that Causes Dog Grooming Businesses to Fail? - Tammy

@didirobert3657 2 года назад

Tammy, why did you budget only $32.75 for rent for Jan-Nov? Am I reading that wrong? Rent should be a huge expense in most areas.

@BadassBusinessOwners 2 года назад

@@didirobert3657 Great question. The P&L in the background isn't for this particular business. It is just a general P&L and the owner of that business doesn't have a physical location. I will see about getting a P&L for Dog Grooming that I can share in one of the P&L reviews I'm starting up. Thanks for asking! - Tammy

@devendavid6535 Год назад

Thx a mill it was so inspiring 🐈🐕‍🦺❤️

@sundancevermont 8 месяцев назад

Employee retention, and hiring in this post-pandemic era

@BadassBusinessOwners 8 месяцев назад

@@sundancevermont This is a good one! Lot of folks have been struggling to retain people. I hope we move past this trend of folks thinking all jobs are temporary stops to the next thing.

@ashleyhoevker6913 5 месяцев назад

Thanks Tammy! I started watching you when I lost my job and created my grooming business. I started in January 2023. I paid myself the employee wage (50% commission which is standard for the industry) and put the rest back to get better equipment. By the end of the year I had everything I needed and starting November 2023 I also paid myself the owners draw (approximately 15% of “sales”). That leaves enough of operating expenses and a little bit for growth.

@BadassBusinessOwners 5 месяцев назад

@ashleyhoevker6913 that is awesome! I'm so proud of you! Keep crushing it! - Tammy

@Haleycita26 2 года назад

Thank you great info for someone looking to start her own business of mobile dog grooming, but doing extended research before jumping into it and investing . Much appreciated info

@BadassBusinessOwners 2 года назад

Good luck with the new business! After speaking with several dog groomers about what they would do differently they all mentioned pricing. They wish they would have priced better from the beginning as once they built a big base, it was harder to fix it. Good luck! - tammy

@missdaisysunshine8633 8 месяцев назад

THANK YOU THANK YOU THANK YOU FOR THESE!!!

@jd26300 8 месяцев назад

Thank you!

@sklptdhair Год назад

This is amazing! I would love for you to do one on hair salons :)

@BadassBusinessOwners Год назад

Never thought of it, I'll add it to my list. :-). - Tammy

@Alleg69 2 года назад

You’re amazing THANK YOU!!!!

@BadassBusinessOwners 2 года назад

Ah, shucks.... - Tammy

@sundancevermont 8 месяцев назад

I wish I had found you years ago. Glad ro be here now

@BadassBusinessOwners 8 месяцев назад

Ah thanks! I'm glad you are here too! :-) Tammy

@user-ev3vx9rv6o 3 месяца назад

Awesome

@jennifermontoya1412 Год назад

I'm coming up on the end of my 5th year. I was mobile and I started my prices out WAY tooooo low. It set the scene for depression and severe burn out. I have worked so hard at my business,, I've watched videos, I've read books and the financial part I couldn't and am just starting to wispy my head around it. I'm afraid It's going down. I've starting thinking about getting a regular job. I'm just exhausted

@BadassBusinessOwners Год назад

Hey Jennifer, I'm so sorry this has happened. This is one of the hardest decisions to make. Especially when you have lost the passion for doing it. If you could turn it around, would you still want to do it? That is probably the best place to start when thinking about stepping back from it. - Tammy

@Coodykween Год назад

I’m sorry you’re going through that, being an entrepreneur is going to be tough regardless, you can either take the easy route and call it quits and work for someone else OR do work a part time job while you are still working to bring your business back up. If you are aware that your mistake is pricing , then start bringing prices up. I have an acquaintance whom has her own hair business and she told me she had to work 2 jobs on the side to make ends meet before her business picked up. It’s doable, it just how bad you want it for yourself l

@esterdrass4964 11 месяцев назад

I came across this video and found it very interesting and began reading the comments. What you wrote is very common. Here is what comes to mind, what if you charged a lot more and lost some clients, but worked less but made more? What if, instead of working 9-5 every day for five or six days a week, you had to raise your prices and because some clients chose to go elsewhere (and that is ok, it happens) you end up working 9-1 and only 5 days a week but each dog you are paid a lot more? Take a moment and hopefully something will come to you that make you rethink it all and be happy with it.

@BadassBusinessOwners 11 месяцев назад

@@esterdrass4964 Some great ideas. I even talk about this in this video on raising prices, losing customers but making more money: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-HCVrGE4IxF0.html

@jermonecarter6027 2 года назад

Lack of scalability in their market

@BadassBusinessOwners 2 года назад

I find most folks do everything themselves and get so overwhelmed they don't even know where to start to scale the business. :-(

@ashaeducation3402 Год назад

Can I be a groomer that just wash and color hair

@BadassBusinessOwners Год назад

Absolutely! There are a lot of folks that just want to give their dog a bath.

@Jesus-saves411 2 года назад

I just got back from picking up my toy poodle 🐩 from groomers and so dissatisfied with the service , I scheduled a feet Fanny and face which is $30 and when dropping him off I specifically told them just feet and face Fanny is all I want but cut him short as you can . So when I picked him up they said it was $50 I was like but I was told $30 for feet Fanny face she said but the groomer thought you wanted him cut short. My toy poodle looked like a rat. I said no that’s not what I wanted and the cashier was like well I guess he got a summer cut and then still charged me $50 plus tip which I didn’t give tip. I will call owner tomorrow. If I don’t get resolved then I will dispute service with cc . 😠

@BadassBusinessOwners 2 года назад

Ah that sucks. :-( I hope they resolve it for you... - Tammy

@TheCanineGuy Год назад

That is why some businesses fail as well, some customers can’t accept a simple mistake.

@jennifersmith2941 Год назад

Hair does grow back😁

@rustyhowe3907 Год назад

@@jennifersmith2941 Shall we shave yours? It'll grow back.

@johndough1703 Год назад

@@TheCanineGuy *Some BUSINESSES can’t accept a single mistake. All they had to do was apologize and charge her $30 and she probably would care so much.

@gein2287 4 дня назад

Lol. Two wages. Obviously u want anyone taking this advice to fail as soon as possible. You do not take a salary ever in the first five years. Then grow no more than 6% per year. Your biz buys Everything. Get customers, keep customers, get referrals, offer incentives, discounts for referrals, etc.

@BadassBusinessOwners 3 дня назад

While your plan works for those that are not in need of a paycheck and will work for some folks, most people need to take at least their "employee" type wage out to survive. Many should leave the "owner" wages in the business to grow the business. The mistake is, people assume the money they take out now is for the owner when in reality, the first funds they pull out are the labor wages they should be charging as part of their pricing. But yes, some folks have the ability to reinvest all their funds, others are not able to do that. So one size doesn't fit all. - Tammy