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Pet Care: A Recession-Proof Industry

America: a country divided…except on one thing – our pets.

If you’re worried about a recession or unsure about this country’s financial future, you can rest assured the pet industry is here to stay. Not only has pet ownership and pet spending increased dramatically in the last decade, but we spend more on our pets during a recession. This means pet-care companies enjoy predictably steady cash flows and sales growth, even during a recession.

American consumers may cut spending on a lot of things; their furry little companions are not one of them. If you’re in the market to buy a business, a company in the pet care industry will certainly not disappoint! Pet boarding, grooming, retail, daycare, and veterinary facilities are selling like HOT DOGS!

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