The Maine Coon cats and kitten’s business is one where the love for animals (pets), in this case Maine Coon cats and kittens drive both the demand by clients in need of these clients and the supply by businesses selling these pets.
In fact, an entrepreneur selling Maine Coon cats is more likely to be a lover of these beautiful animals than not. Loved for their good natured and likeable characteristics, Maine Coon cats and kittens are well known for their desire to be around people. Although they love being around people, they rarely disturb, and therefore are less needy of attention than other cat breeds.
What Running a Maine Coon Business Entails
Having a lifespan of 9 to 15 years, Maine Coon cats and kittens are prized assets their owners and lovers of animals especially cats. Running a Maine Coon business therefore first requires love for the cats and also secondly a desire to be profitable. Historical evidence however shows that the former, (love for Maine Coons) drives entrepreneurs more than the desire to make profits.
Maine Coon breeders have to always ensure that their breeds are well taken care of. The lineage of the cats is an important aspect of the Maine Coon cats and kittens business. Good breeds of Maine Coon cats and kittens are more likely to have had healthy parents.
Seeing the parents adds a layer of confidence to the buyer, as he/she is confident of having good breeds that will not prove a problem or have inherited genetic disorders from their parents.
The business of breeding Maine Coon cats and kittens is in itself not much profitable as to derive substantial profits from it. However, it is still a profitable business venture that can be invested into.
In order to have a layer of security on the quality of breed of the breeder’s Maine Coon cats, it will do well to ask important questions that answer satisfactorily if the cat’s genetic balance is ok. This can be easily verified by inspecting the cat’s parents.
Buying Maine Coon Cats Locally Vs Shipping
Making a choice between buying Maine Coon cats and kittens locally compared to shipping same is quite tricky. However, it is advisable that the buyer seeks for local breeders than shipping these Maine Coon cats and kittens.
Seeking for local breeders will eliminate the attendant high costs of shipment. Apart from the cost implications, there is also the likelihood of the pets being exhausted on arrival, which may lead to them falling ill or even result in death.
For the Maine Coon breeder, it is advisable that he/she registers with both local and national Maine Coon associations and clubs. This is to ensure that there is a much more efficient way of selling these pets through pet shops which act as third-party Maine Coon shops or directories.
Care for Maine Coon Cats and Kittens Breeds
For any meaningful progress/profitability, it is necessary that the Maine Coon breeder takes care for his/her Maine Coon breeds by ensuring the proper vaccination of these cats and kittens.
It is necessary that the services of a veterinarian are hired to ensure that the breeds are well taken care of to prevent the transfer of contagious diseases to pet owners. A healthy breed of Maine Coon cats and kittens is more likely to lead to higher patronage than that of a breeder who is not careful about the conditions of his Maine Coon stock.
Factor the Cost Implications of the Business
Before venturing into this line of business, the entrepreneur should first know the start-up cost implications. Because of how vital this is, to the success of the business, it must first be well figured out before investment is made.
This is to ensure that the entrepreneur is adequately prepared for this business. The cost implications include important things that include the purchase of necessary equipments for smooth rearing/breeding of Maine Coon cats and kittens.
The Business Plan Must Be in Place
Before starting a Maine Coon cats and kittens business, the entrepreneur must ensure that a well written business plan is put in place. This can either be written by the entrepreneur if he/she knows how to write a good one, or written by experts skilled in this area.
The business plan guides the business through periods of challenges as well as through times where challenges are absent. It keeps the business focused and productive, easily exposing grey areas that need attention.
The Business Must be Fully Registered
Starting a successful Maine Coon cats and kittens business requires that the business be fully registered and must conform to the set standards. This is to ensure that best practices are adopted in the breeding process of Maine Coon cats and kittens.
Registering your Maine Coon cats and kittens business adds a layer of confidence to the client patronizing your business. Also, registration requires that the entrepreneur fully complies with safety and regulatory standards.
This article has focused on the Maine Coon cats and kittens business, providing some basic tips to both entrepreneurs and buyers on how best to either run or patronize the business. These are important as it saves the entrepreneur the stress of making costly mistakes, and the client from buying the wrong breed.
Maine Coon Cat breeders often say that the business is not lucrative. But most people still try. The main question is, is cat breeding just a hobby or a business to you? Many cat breeders made this choice of breed after a careful consideration of Maine coon characteristics, temperament, personality and even allergies.
This question is often tricky for most people. If you are breeding purebred Maine Coon cats, you should not be ignorant of the IRS as any money you make must first be reported. For example, having three litters of kittens and selling some for $2000, then you have to report this as income. However, you can deduct your expenses ranging from veterinary expenses to cat foods from the income with tangible proofs. You should document this and keep records of receipts.
If you want to turn breeding Maine Coon cats into a lucrative business, you will have to scale many heights, one of which is ‘most people think it is unethical and that legal actions should be taken against those who are breeding cat for business purposes.
Also a large number of counties give out licences based on the numbers of the animals being sold. For example, a Maine Coon cat breeder who sells 50 kittens at a price of $400 will get a license, while a person who offers maine coon for sale at $900 will certainly not get a license.
In an IRS regulation there is something known as the “hobby loss rule” that needs a reason for making profit, so as to reduce loss. When the reason is established, they will then study your professional disposition – your company name, transactions, business account information and records, and daily log or journal. Once you decide to manage it as a non-profit venture, the IRC will not enable deductions from your account.
NOTE; if you are able to make profits in three out of five years, you are officially a business man.
Analyzing this issue from the viewpoint of the IRS shows that IRS are profit driven. It is also advisable to hire a legal practitioner and an accountant.
This may not seem important to a person that has few Maine Coon cats. If you just love breeding cats, you can add the extra income to your funds. Keep in mind that once you turn catbreeding into a business, everything changes really fast.
Hobby or business, you should decide to choose and play safe.