PIF launches business toolkit
The toolkit is available exclusively to members of the organisation and reflects its ‘ongoing commitment to helping pet businesses succeed in a changing economic climate’
The Pet Industry Federation (PIF) has launched the first phase of its business toolkit designed to help small and medium-sized pet businesses across the UK ‘plan and operate more effectively’.
The initial release of the toolkit includes financial planning tools and a business plan template, both tailored to the unique challenges of the pet industry.
Additional components, such as marketing guidance and compliance resources, will roll out over the coming months.
It includes customisable templates for budgeting, cash flow forecasting, and understanding new tax implications.
It also has pricing strategies and tips to manage costs effectively and strategies to diversify income streams and adapt to market demands.
Nigel Baker, PIF CEO, said: “The UK pet industry is incredibly resilient, but we recognise the pressures small businesses face in light of rising costs from the recent Budget. The PIF Business Toolkit aims to provide our members with the tools and guidance to navigate these challenges, improve efficiency, and strengthen their operations for the future.”
The toolkit is available exclusively to members of the organisation and reflects its “ongoing commitment to helping pet businesses succeed in a changing economic climate”.
