Dog Breeding Business Plan [Sample Template]

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Are you about starting a dog breeding business? If YES, here is a complete sample dog breeding business plan template & feasibility report you can use for FREE.

Dogs are amongst the top three most popular pets owned by individuals and families. Owning a dog is fun especially as it serves as a companion -as they are friendly and can co-habit perfectly with humans, as well as provide security. In America for example; dogs are highly regarded and accorded esteem and 1 in every 3 households where there are pets, own a dog or had owned one.

It is due to this fact that there are several dog related services, such as dog breeding, grooming, training, daycare, running, and amongst all these services is dog walking.

Dog walkers are people who love dogs, are in-tune with canine ways and are also people who love the out weather regardless of any conditions. If you think starting this business will be a great bet for you, you will need to write a business plan.

Business plans are like a map that helps in the roadmap of any business. Here is a sample Dog breeding business plan for your use;

A Sample Dog Breeding Business Plan Template

1. Industry Overview

Dog breeding business is a business in the pet industry that involves mating selected dogs with the aim to maintain or produce specific qualities and characteristics in a puppy for commercial purpose.

Dog breeding business can be categorized under the Pet Grooming and Boarding industry and the industry proven to be one of the few established industries to publish consistently strong gains over the last decade, nearly doubling in size and growing even in the face of recession as consumers purchase a wider array of luxury services for their four-legged companions.

The growing industry has benefited from changing consumer attitudes, which increased demand for a variety of new luxury pet services to acquiring new dogs et al. Going forward, this trend is expected to gain further momentum as more and more people seek to own one or more dogs.

The Pet Grooming and Boarding industry of which dog breeding business is a part of is indeed a very large industry and pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, United Kingdom, Portugal Germany, Australia and the Caribbean et al.

Statistics has it that in the united states of America alone, there are about 106,319 licensed and registered pet grooming and boarding companies directly responsible for employing about 195,070 employees and indirectly responsible for employing roughly 1,339,900.

The industry rakes in a whooping sum of $7billion annually with an annual growth rate projected at 6.6 percent. It is important to state that there are no establishments with a lion share of the available market in this industry. The requirements for establishing a dog breeding business are low since there are no formal industry licensing or training requirements for aspiring entrepreneurs who would want to start a dog breeding business.

In addition, the cost of establishing an at-home or mobile service is relatively low. More so, this industry is in the growth stage of its economic life cycle. Therefore, companies are still entering the industry due to rising demand from dogs and other pet related services.

If you are looking towards leveraging on the pet industry to generate huge income, then one of your best bet is to start a dog breeding business.

One thing is certain about starting dog breeding business, if you are able to conduct your market research and feasibility studies, you are more likely not going to struggle to sell your puppies and dogs especially if they are of good breeds or the breeds that are of high demand in your location or city.

2. Executive Summary

Percy Paul Dog Breeding Company is a standard and licensed dog breeding and one stop pet shop company that will be located in Concord – New Hampshire in a neatly renovated and secured housing facility. Aside from the fact that we are into full time dog breeding services, we are an organization that will carry out all round services as it relates to dogs and other pets.

Percy Paul Dog Breeding Company is a family owned and managed business that believe in breeding the healthy puppies and also giving dogs and pets the right treatment they need to enable them perform their roles as defined by the owner.

We will ensure that any dog or pet under our custody are well taken care of and in the pursuit of excellence and financial success with uncompromising services and integrity which is why we have decided to venture into dog breeding business and other pet complimentary services.

We are certain that our values will help us drive the business to enviable heights and also help us sell loads of puppies and dogs to a wide range of clients in and around Concord – New Hampshire.

At Percy Paul Dog Breeding Company our clients’ overall best interest would always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hire professional dog breeders, dog handlers and vet doctors et al that are well experienced and passionate in breeding dogs and also imparting knowledge and skills to dogs at various learning ladder.

Percy Paul Dog Breeding Company will at all times demonstrate her commitment to sustainability, both individually and as a dog walking services business, by actively participating in our communities and integrating sustainable business practices wherever possible.

We will ensure that we hold ourselves accountable to the highest standards by meeting our clients’ needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.

Our overall business goal is to position our dog breeding business to become the leading dog breeding brand in the pet industry in the whole of Concord – New Hampshire and also to be amongst the top 10 dog breeding and pet related business in the United States of America within the first 5 years of operations.

This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies and we are enthusiastic and confident that Concord – New Hampshire is the right place to launch our dog breeding and pet related business.

Percy Paul Dog Breeding Company is founded by Dr. Percy Paul who is a qualified vet doctor with well of 10 years of hands on experience in the dog breeding and pet industry. Before starting Percy Paul Dog Breeding Company, Dr. Percy Paul was a the lead vet doctor in one of the leading pet companies in the United States of America before starting his dog breeding business.

3. Our Products and Services

Percy Paul Dog Breeding Company is into dog breeding business that will also offer varieties of pet related services (dog walking and dog training services inclusive) within the scope of the pet industry in the United States of America.

Our intention of starting our dog breeding business and pet related services is to breed good spices of puppies and dogs and also to help in developing our client’s dogs and pets in any skills and knowledge of their choice as it relates to specific useful competencies they want their dogs or pet to possess.

We want to help our clients develop their pets and dogs capability, capacity, productivity and performance and of course to also make profits from the dog breeding and pet industry and we will do all that is permitted by the law in the US to achieve our aim and business goal.

Our products and service offerings are listed below;

Breeding and sale of different breeds of dogs / puppies for the United States Market
General dog and pet walking services
Training / grooming dogs and pets in specific skills (hunting skills, security skills, running errands and circus skills et al)
Construction and sale of kennels
Operating dog pounds
Guard dog training
Supply of well – trained security dogs
Operating standard vet clinic
General merchandize of pet related products (pet foods, shampoos, dog tie, dog chains, and pet clothes et al)

4. Our Mission and Vision Statement

Our vision is to build a highly competitive and effective dog breeding business that will become the number one choice for both individuals and corporate organizations looking to purchase puppies and dogs in Concord – New Hampshire and the whole of the United States of America.
Our mission is to breed a wide range of dog breeds and to provide affordable professional and highly effective dog walking services and other pet related products and services to a wide range of clients.
Our overall business goal is to position Percy Paul Dog Breeding Company to become one of the leading dog breeding cum pet services brand in the industry in the whole of Concord – New Hampshire, and also to be amongst the top 10 dog breeding cum pet services brand in the United States of America within the first 5 years of operations.

Our Business Structure

Percy Paul Dog Breeding Company is a privately owned and managed dog breeding business that intend starting small in a community in Concord – New Hampshire, but hope to grow big in order to compete favorably with leading dog breeding companies in the pet industry both in the United States and on a global stage.

We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. This is why we are committed to only hire the best hands within our area of operations.

At Percy Paul Dog Breeding Company, we will ensure that we hire people that are qualified, hardworking, and creative, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers).

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;

Principal Partner / Chief Executive Officer
Human Resources and Admin Manager
Vet Doctor
Dog Breeders, Dog Walkers / Pet Trainers for Various Skill Sets
Accountant / Bursar
Marketing and Sale Executive
Client Service Executive

5. Job Roles and Responsibilities

Chief Executive Office:

Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
Responsible for providing direction for the business
Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
Responsible for signing checks and documents on behalf of the company
Evaluates the success of the organization

Vet Doctor:

Responsible for handling the overall operations in the vet clinics
Assists in the dog breeding
Handles the treatment of pets
Gives medical advises and recommendations as it relates to the health and welfare of pets

Human Resources and Admin Manager

Responsible for overseeing the smooth running of HR and administrative tasks for the organization
Designs job descriptions with KPI to drive performance management for dog walkers and pet trainers
Regularly hold meetings with key stakeholders (clients and member of the organizations’ board) to review the effectiveness of the organizations’ Policies, Procedures and Processes
Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
Defines job positions for recruitment and managing interviewing process
Carries out staff induction for new team members
Responsible for training, evaluation and assessment of employees
Responsible for arranging travel, meetings and appointments
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Oversees the smooth running of the daily activities of the organization

Dog Breeders, Dog Walker / Pet Trainers

Handles dog breeding
Takes care of little puppies when they are born
Handles general dog and pet walking services
Effectively training dogs and pets in specific skills (hunting skills, security skills, running errands and circus skills et al)
Evaluates and document the progress of dogs / pets under his or her care
Contributes his / her quota towards growing Percy Paul Dog Breeding Company
Receives complaints from clients and channel it to the appropriate quarters
Handles any other duty as assigned by the HR and Admin Manager.

Marketing and Sales Executive

Responsible for the sale of different breeds of puppies
Handles general merchandize of pet related products (pet foods, shampoos, dog tie, dog chains, and pet clothes et al)
Identifies, prioritizes, and reaches out to new clients, and business opportunities et al
Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
Responsible for handling business research, market surveys and feasibility studies for clients
Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
Develops, executes and evaluates new plans for expanding increase sales
Documents all customer contact and information
Represents the organization in strategic meetings
Helps to increase sales and growth for the organization.

Accountant

Responsible for preparing financial reports, budgets, and financial statements for the organization
Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
Responsible for financial forecasting and risks analysis.
Performs cash management, general ledger accounting, and financial reporting for one or more properties.
Responsible for developing and managing financial systems and policies
Responsible for administering payrolls
Ensures compliance with taxation legislation
Handles all financial transactions for the organization
Serves as internal auditor for the organization.

Client Service Executive

Welcomes clients and their pets by greeting them in person or on the telephone; answering or directing inquiries.
Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
Manages administrative duties assigned by the HR and Admin Manager in an effective and timely manner
Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
Receives parcels / documents for the organization
Distributes mails in the organization
Handles any other duties as assigned by the Human Resources and Admin Manager.

6. SWOT Analysis

Percy Paul Dog Breeding Company do not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis. We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard dog breeding company that will favorably compete with leading players in the dog breeding business cum pet industry in the United States of America and in the rest part of the world.

We engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured dog breeding company that can favorably compete in the highly competitive dog breeding cum pet industry in the United States and the world at large.

Part of what the team of business consultant did was to work with the management of our organization in conducting a SWOT analysis for Percy Paul Dog Breeding Company. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Percy Paul Dog Breeding Company;

Strength:

Our core strength lies in the power of our team; our workforce. We have a team that are considered experts in dog breeding cum pet industry, a team with excellent qualifications and experience in dog breeding, dog walking and pet related services including veterinary medicine.

Aside from the synergy that exist in our carefully selected workforce, Percy Paul Dog Breeding Company is well positioned in a community with the right demography; loads of people who own pets and who would want own dogs. With that we know we will attract loads of clients from the first day we open our doors for business.

Weakness:

As a new dog breeding and pet related services company in Concord – New Hampshire, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated dog breeding cum pet industry; that is perhaps our major weakness. Other perceived weakness is that, we may not have the required capital to pump into publicity and advertisement as we would love to do.

Opportunities:

No doubt, the opportunities in the dog breeding cum pet industry is massive considering the number of individuals and corporate organizations who would want to own puppies, those who own dogs and other pets who would want them to acquire new skill sets and to perform excellently well in their jobs or who would want to bring their pets for treatment or to purchase pet supplies. As a standard dog breeding and pet related business, we are ready to take advantage of any opportunity that comes our way.

Threat:

Every business faces a threat or challenge at any part of the life cycle of the business. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business.

Some of the threats that we are likely going to face as a dog breeding and pet related business operating in the United States of America are unfavorable government policies that might affect businesses such as ours; the arrival of a competitor within our location of operations and global economic downturn which usually affects spending / purchasing power.

There is hardly anything we can do as regards these threats other than to be optimistic that things will continue to work for our good.

7. MARKET ANALYSIS

Market Trends

One thing is certain, the trend in the pet industry is such that if you want to be ahead of your competitors, you should be able to be highly creative, simplify your processes and you should be able to have loads of testimonies from your clients.

The truth is that, if your clients can successfully purchase healthy puppies from different breeds from you or if they noticed tremendous changes in their pets as a result of your input, then they will be compelled to help promote your organization.

Another notable trend in this industry is the demographic and psychographic composition of those who have affinity for dogs or those who would require the services of a dog walker.

They are working class women especially women who work long hours or hold two jobs, men who work for long hours, the elderly who might not have the necessary strength to walk a dog, those who might be physically impaired, and youths who are have a short attention span due to technology.

Even though the economy has a poor outlook, the projected revenue through 2016 is pegged at 4.4%. This figure could likely change once there is an improvement in the economy.

8. Our Target Market

Prior to starting our dog breeding business and pet related services, we are certain that there is a wide range of both corporate and individual clients who would definitely need puppies from different breeds and also our pet related services.

We will ensure that we develop strategic pacts with communities and corporate organizations especially security agencies that make use of dogs for guards. This will give us several options to generate revenue for our company. In view of that, we have created strategies that will enable us reach out to various corporate organizations (security agencies) and individual (pet owners) who we know can’t afford to do without our services.

We have conducted our market research and survey and we will ensure that our dog breeding business and pet related services is well accepted in the market place. Below is a list of the people and organizations that we have specifically market our products and services to;

Corporate organizations (especially security agencies)
Households / Families
Spinsters
Bachelors
College Students
The Government (Public Sector)

Our Competitive Advantage

The fact that starting a dog breeding business or even dog walking business is not that difficult, anyone can start the business especially as the start-up cost is quite low and if they have passion for dogs. Even though, this is basically a new area of business that doesn’t have stiff major competitors, there are still competitors all the same.

The competition available is most likely those within the same locality, and anyone looking to stay above competition would have to consider sweetening the services offered to dog owners or concentrate on breeding puppies that are well accepted or in high demand in your community; it could be pit bull, bulldog, German Shepherd or any other breed.

Even so, local dog walkers who are serious with the business can comfortably compete with franchises that are located in the same neighborhood. We are quite aware that to be highly competitive in the personal training and coaching industry means that you should be able to deliver consistent quality service, your students should be able to experience remarkable difference and improvement and you should be able to meet the expectations of your clients at all times.

Percy Paul Dog Breeding Company might be new in Concord New Hampshire, our competitive advantage lies in the power of our team; our workforce. We have a team that are considered experts in the dog breeding cum pet industry, a team with excellent qualifications and experience in dog walking and pet related services including veterinary medicine.

Aside from the synergy that exist in our carefully selected workforce, Percy Paul Dog Breeding Company is well positioned in a community with the right demography; loads of people who would want new puppies and those who already own dogs and other pets. With that we know we will attract loads of clients from the first day we open our doors for business.

Lastly, our employees (dog breeders, dog walkers / pet trainers, and vet doctors) will be well taken care of, and their welfare package will be among the best within our category (startups dog breeding and pet related businesses in the United States) in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

Sources of Income

Percy Paul Dog Breeding Company is established with the aim of maximizing profits in the dog breeding cum pet industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis. Percy Paul Dog Breeding Company will generate income by offering the following products and services;

Breeding and sale of different breeds of dogs / puppies for the United States Market
General dog and pet walking services
Training / grooming dogs and pets in specific skills (hunting skills, security skills, running errands and circus skills et al)
Construction and sale of kennels
Operating dog pounds
Guard dog training
Supply of well – trained security dogs
Operating standard vet clinic
General merchandize of pet related products (pet foods, shampoos, dog tie, dog chains, and pet clothes et al)

10. Sales Forecast

One thing is certain, there would always be corporate organization and individual / household pet owners who would need new puppies or who would need that extra coaching or grooming for their dogs and other pets. This is the major reason why the services of dog breeders and pet trainers will always be needed.

We are well positioned to take on the available market in Concord – New Hampshire and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow our clientele base.

We have been able to critically examine the dog breeding and pet market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to similar startups in Concord – New Hampshire.

Below are the sales projection for Percy Paul Dog Breeding Company it is based on the location of our dog breeding business, the breeds of puppies that we breed, vet clinic and of course the wide range of pet related services and products that we will be offering;

First Year-: $120,000
Second Year-: $350,000
Third Year-: $750,000

N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same additional services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiffer competition amongst dog breeding businesses and pet related services in the United States of America; hence we have been able to hire some of the best marketing experts to handle our sales and marketing.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of Percy Paul Dog Breeding Company.

We will also ensure that our clients’ pets becomes experts with the skills they acquire; we want to build a standard and first – class dog breeding and pet related business that will leverage on word of mouth advertisement from satisfied clients (both individuals and corporate organizations).

Our goal is to grow Percy Paul Dog Breeding Company to become one of the top 10 dog breeding company in the United States of America which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in Concord – New Hampshire but also in other cities in the United States of America.

Percy Paul Dog Breeding Company is set to make use of the following marketing and sales strategies to attract clients;

Introduce our dog breeding and pet related business by sending introductory letters alongside our brochure to corporate organizations, households and key stake holders in pet industry in Concord – New Hampshire.
Print out fliers and business cards and strategically drop them in offices, libraries, public facilities and train stations et al.
Use friends and family to spread word about our dog breeding and pet related business
Post information about our dog breeding and pet related business on bulletin boards in places like schools, libraries, and local coffee shops.
Placing a small or classified advertisement in the newspaper, or local publication about our business
Attend relevant pet related expos, seminars, and business fairs et al
Engage direct marketing approach
Encourage word of mouth marketing from loyal and satisfied students

11. Publicity and Advertising Strategy

Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (both conventional and non – conventional means) to advertise and promote the business. We intend growing our business which is why we have perfected plans to build our brand via every available means.

We know that it is important to create strategies that will help us boost our brand awareness and to create a corporate identity for our dog breeding business. Below are the platforms we want to leverage on to boost our dog breeding brand and to promote and advertise our business;

Place adverts on both print (newspapers and magazines) and electronic media platforms
Sponsor relevant community based events / programs
Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, YouTube, Google + et al to promote our business
Install our Bill Boards on strategic locations all around Concord – New Hampshire
Engage in road show from time to time in targeted neighborhoods
Distribute our fliers and handbills in target areas
Contact corporate organizations and residence in our target areas by calling them up and informing them of Percy Paul Dog Breeding Company and our services and product we offering
List our dog breeding business in local directories / yellow pages
Advertise our dog breeding business in our official website and employ strategies that will help us pull traffic to the site.
Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.

12. Our Pricing Strategy

Aside from selling our puppies based on the breed and the number of weeks, generally for dog walking services business both per hour billing and flat fees on a weekly or monthly basis applies. As a result of this, Percy Paul Dog Breeding Company will charge our clients flat fees except for few occasions where there will be need for us to charge special students on hourly basis.

At Percy Paul Dog Breeding Company we will keep our fees and the prices of our puppies a little below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to all our loyal clients at regular intervals.

We are aware that there are some clients that would need special assistance for their pets, we will offer flat rate for such services that will be tailored to take care of such clients’ needs.

Payment Options

The payment policy adopted by Percy Paul Dog Breeding Company is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Percy Paul Dog Breeding Company will make available to her clients;

Payment via bank transfer
Payment with cash
Payment via online bank transfer
Payment via check
Payment via bank draft
Payment via mobile money

In view of the above, we have chosen banking platforms that will enable our client make payment for farm produces purchase without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for the purchase of puppies / dogs and other pet related services.

13. Startup Expenditure (Budget)

When it comes to calculating the cost of starting a dog breeding business, there are some key factors that should serve as a guide. The capacity of the dog breeding business, the breeds of puppies and other related services that will be offered

Besides, in setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting / leasing a big facility, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.

This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a dog breeding business; it might differ in other countries due to the value of their money. Below are some of the basic areas we will spend our start – up capital in setting up our dog breeding business;

The Total Fee for incorporating the Business in United States of America – $750.
The amount needed to acquire / lease a facility – $50,000
The amount required for preparing the dog kennel – $50,000
Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – $3,300.
Marketing promotion expenses for the grand opening of Columbus & Sons Dairy Farms, LLC in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580.
The total cost for hiring Business Consultant – $2,500.
The total cost for payment of insurance policy covers (general liability, workers’ compensation and property casualty) coverage at a total premium – $9,400
The amount required for the purchase of the first set of different breeds of both male and female dogs – $15,000
Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $60,000
The Cost of Launching an official Website – $600
Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000

Going by the report from detailed research and feasibility studies conducted, we will need an average of $500,000 to start a standard dog breeding business with a vet clinic in the United States of America.

Generating Funding / Startup Capital for Percy Paul Dog Breeding Company

Percy Paul Dog Breeding Company is a family business that is solely owned and financed by Columbus Packer and his immediate family members. We do not intend to welcome any external business partners, which is why we have decided to restrict the sourcing of the start – up capital to 3 major sources.

These are the areas we intend generating our start – up capital;

Generate part of the start – up capital from personal savings
Source for soft loans from family members and friends
Apply for loan from my Bank

N.B: We have been able to generate about $200,000 (Personal savings $150,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $300,000 from our bank. All the papers and document have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.

14. Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting Percy Paul Dog Breeding Company is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to sell our puppies and the pet related services we offer a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Percy Paul Dog Breeding Company will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of six years or more. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List / Milestone

Business Name Availability Check:>Completed
Business Registration: Completed
Opening of Corporate Bank Accounts: Completed
Securing Point of Sales (POS) Machines: Completed
Opening Mobile Money Accounts: Completed
Opening Online Payment Platforms: Completed
Application and Obtaining Tax Payer’s ID: In Progress
Application for business license and permit: Completed
Purchase of Insurance for the Business: Completed
Leasing of facility and building of standard dog pens: In Progress
Conducting Feasibility Studies: Completed
Generating capital from family members: Completed
Applications for Loan from the bank: In Progress
Writing of Business Plan: Completed
Drafting of Employee’s Handbook: Completed
Drafting of Contract Documents and other relevant Legal Documents: In Progress
Design of The Company’s Logo: Completed
Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
Recruitment of employees: In Progress
Purchase of the Needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
Creating Official Website for the Company: In Progress
Creating Awareness for the business both online and around the community: In Progress
Health and Safety and Fire Safety Arrangement (License): Secured
Opening party / launching party planning: In Progress
Compilation of our list of products that will be available in our pet stores cum vet clinic: Completed
Establishing business relationship with vendors – key players and merchant in the pet industry: In Progress