Ep. 10 Planning Your Doggy Daycare Departure: A Guide to Selling Your Pet Business

Are you contemplating the sale of your pet business but unsure how to ensure its legacy? Does the thought of selling your life's work leave you worried about your loyal employees' future? Then you are in luck because in this week’s episode we deep dive into the exit strategies that are available to you when it’s finally time to hang up your dog leads and put away your poo bags. To help get a real-life insight into the selling process I’m talking to Eyal Cohen from Pet Resort Hospitality Group. Eyal is a maestro of mergers and acquisitions in the pet care space, and together, we explore the crucial decisions you face when it's time to sell your daycare or boarding business.  We deep dive into what options you have when it comes to selling your pet business, from handing over the reins to a trusted employee to joining forces with industry consolidators, so you ensure your legacy thrives beyond the sale. This interview provides essential insights for any pet care entrepreneur who is standing at the crossroads, deliberating between expansion or exiting the industry altogether. Also, in Dog News we dive into the latest survey that reveals the most popular pooches in the USA and UK, and Dom shares a preview of what’s in store at the upcoming Pet Boarding and Daycare Expo in Vegas. Tune in to learn about; Maximizing Your Exit: The Art of Selling Your Daycare Business: We lay out the strategic approaches to selling your pet care business, whether to a private buyer, an empowering consolidator, or an industry enabler. Enablers vs. Consolidators: Eyal offers insight into how his approach differs from traditional industry consolidators, focusing on enabling growth rather than just acquisition. Inside the Sales Process: Eyal Cohen unpacks the emotional and strategic layers of selling a pet care business. Empathy in Exit Planning: We delve into the emotional considerations business owners face when thinking of selling and how to navigate them. Legacy and Leadership: Understand the importance of maintaining a business's legacy and supporting leadership after the sale. Vegas Unveiled: A Glimpse into the Pet Boarding and Daycare Expo: Dom shares exciting teasers from the upcoming event, including collaborative marketing sessions and powerful presentations that promise transformative business insights. If you are fearful about selling to a faceless consolidator, and are looking for a succession plan that aligns with your values and vision for your pet care facility then this episode has you covered. Huge thanks to Eyal Cohen for sharing his wisdom and experience with selling a pet care business. You can connect with Eyal by email at [e-mail], or find out more by clicking here PetResorts.love To register for this year’s Las Vegas pet boarding and daycare expo, where Dom will also be speaking, go to petboardingexpowest Huge thanks to this week’s show sponsor Forever Stainless Steel. Forever Stainless Steel is the world’s quality leader in animal bathtubs and related systems. Find out more about how their innovative systems can help your pet business by going to Foreverstainlesssteel.com To find out more about Dominic Hodgson and his pet business consulting services go to petbusinessmarketing.com You can subscribe to the Pet Boarding and Daycare Magazine by going to PetBoardingandDaycare.com Barkleigh’s next big pet boarding expo is Pet Boarding and Daycare Expo West, in Las Vegas, Nevada on May 20-22, 2024.  Pet Boarding and Daycare West is an exciting national conference for professionals in the pet boarding and daycare industry. It features a two-day trade show showcasing the best products and companies in the industry, top industry speakers sharing their expertise, and an awesome line up of educational seminars. To register for the expo or inquire about a trade show booth go to Petboardingexpowest.com To find out more about Eyal Cohen,