@@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
@@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.
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.
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
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
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
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
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
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.
@@esterdrass4964 Some great ideas. I even talk about this in this video on raising prices, losing customers but making more money: ruclips.net/video/HCVrGE4IxF0/видео.html
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 . 😠
@@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.
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.
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
What Other Reasons Do You See that Causes Dog Grooming Businesses to Fail? - Tammy
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.
@@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
Thx a mill it was so inspiring 🐈🐕🦺❤️
Employee retention, and hiring in this post-pandemic era
@@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.
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.
@ashleyhoevker6913 that is awesome! I'm so proud of you! Keep crushing it! - Tammy
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
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
I wish I had found you years ago. Glad ro be here now
Ah thanks! I'm glad you are here too! :-) Tammy
THANK YOU THANK YOU THANK YOU FOR THESE!!!
This is amazing! I would love for you to do one on hair salons :)
Never thought of it, I'll add it to my list. :-). - Tammy
Thank you!
You’re amazing THANK YOU!!!!
Ah, shucks.... - Tammy
Awesome
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
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
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
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.
@@esterdrass4964 Some great ideas. I even talk about this in this video on raising prices, losing customers but making more money: ruclips.net/video/HCVrGE4IxF0/видео.html
Lack of scalability in their market
I find most folks do everything themselves and get so overwhelmed they don't even know where to start to scale the business. :-(
Can I be a groomer that just wash and color hair
Absolutely! There are a lot of folks that just want to give their dog a bath.
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 . 😠
Ah that sucks. :-( I hope they resolve it for you... - Tammy
That is why some businesses fail as well, some customers can’t accept a simple mistake.
Hair does grow back😁
@@jennifersmith2941 Shall we shave yours? It'll grow back.
@@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.
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.
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