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Paws First: Making the Leap Into the Billion Dollar Pet Care Services Industry

pet care services industry billion dollar

Pet care services is a multi-billion dollar industry, and all paws point to it only getting bigger as Americans continue to spend big bucks on precious pets, a reported $55.7 billion in 2013. Of that, at $4.41 billion, pet care services including grooming, boarding, training, and pet-sitting grew by the largest percentage. As an industry projected to add at least 10,000 jobs and experience at least 15 percent growth in employment over the next five years (see CareerBuilder study released June 4, 2015), pet care services are “hot.”

Just the Dallas Fort Worth area currently boasts more than1,200 pet care facilities, making it a prime location for the upcoming Pet Care Services Conference at the Grapevine Convention Center, October 19-22, 2015. The conference, presented by the International Boarding and Pet Services Association (IBPSA), is dedicated to the business of pet care. Conference speakers and sessions address the specific issues faced by pet care business owners from the pros and cons of artificial turf to maximizing profits with the right dog food to managing stress.

While the pet care business can be very profitable ― an IBPSA survey conducted earlier this year of almost 200 pet care facility owners, put the average owner compensation at $101,353, with a maximum compensation reported at $450,000 ― it’s one not to be entered into lightly. Now, more than ever, pets are considered family members making the task to care for them a very serious one.

For those thinking about making the leap into the industry, IBPSA is also presenting Pet Care Business Basics, a separate, dedicated workshop for even more in-depth education. The intensive course features a line-up of industry success stories ―experts with the insight, inspiration and experience to provide specifics to ensure your business venture best fits your personal strengths. In addition to a comprehensive agenda that covers everything from creating an effective business plan to designing the optimal pet facility, the 2-day course, October 20-21, also offers a one-one-one half-hour consultation with the experts.

“This industry is booming, and that’s very exciting, but pet care is a serious business and jumping into it simply because you love pets is not enough,” said Carmen Rustenbeck, IBPSA’s CEO. “Our Pet Care Business Basics workshop is a can’t miss opportunity and key investment for new pet care service businesses to actually succeed as businesses.”

For more information, on the conference and the Pet Care Business Basics workshop, visit