You should probably check out www.petsit.com or www.petsitters.org many pet sitters also offer dog walking as one of their services. To start you might offer to walk a neighbor or friends dog for free so they can be a reference for you. Then the easy thing to do to get start is to make flyers or even have doorknob hangers made and go and put them on peoples doors. You will need a phone line for business many recommend getting a second land line but you could use a cell phone until you felt your business was big enough.
You will need Liability Insurance and Dishonesty Bond. The DB basically protects you if you have an employee that robs a client’s home. Who ever does your DB will reimburse your client and DB will then go after the thief to recoup the money. With out a DB and this happened you’d have to pay it out your own pocket. There are some other insurances that you can get and its recommend when your business grows more such as Life and Disability , Workers Compensation (if you hire people). The prices varies if you become a member of PSI or NAPS they have good deals for people who are members in regards to getting insurance.
http://www.petsitterinsurance.com/psi/bond.asp
You will make more money if you eventually have employees but to start out unless you have a friend who wants to do this too you don’t really need to worry about hiring anyone. Even then you have two options you can hire someone as an employee or Independent Contract the books I mentioned below will give you more insight into each one and you can decided which is best for you.
I read in the paper a lady who brings in 100 grand a year walking dogs and she was not from NYC or one of the places you’d think dog walking would bring in a lot. It did not say how many people worked for her but I doubt she was bringing in that much a year with only herself walking dogs and I think she’d start her biz in 1999 so 10 years. Dog walking or any service of pet care can be very lucrative profit even more now that people are starting to realize how important it is for dogs to be walked daily. It takes time to get there and really just depends on how many clients one has, and even how many employees they eventually have working for them. Again hiring employees or IC’s where the business gets a cut (i.e. 5 to 10%) of their money you will make more then just by yourself. There are places where you likely to see results faster.
You will need to decided on prices most people probably charge by how long the walk is i.e. 15 to 25 minutes - 30 to 40 minutes - 45 to 60 min etc
You would also have a contract drawn up for your clients. If you regularly walk someone’s dog (i.e. every MWF you walk the Jones Black Lab Max) then you will likely be provide with a key to their home so you will want to make sure you have it store in a safe place and that only you can identify. Never except a client who hides their key i.e. under a rock this is very dangerous you don’t want to be responsible for someone seeing your fetch the key or put it back.
Before you take on a client you will want to meet them and their dog(s) to see if you’re comfortable with the dog. You will want to ask the owners how the dog does on walks do they walk calmly, do they pull a lot etc. You might even ask the owner if they would come with you while you take a test walk around the block. Remember you don’t have to take on every potential client if you feel uncomfortable with that dog or even the owner then you just don’t take them on. Only walk as many dogs as you feel you can handle.
To walk dogs at your local shelter would give good experience since there are all kinds of dogs that you would walk from easy to difficult. You can also see some of the issues some dogs might have. Its also good if you have not already to start walking daily yourself.
Some books you might consider reading are Pet Sitting for a Profit and How to start a home-based pet care business ,2nd
Yes you will have to pay tax if you plan on this being your only income and it would be a business. You might also check out - Small Time Business Operator, 10th Edition: How to Start Your Own Business, Keep Your Books, Pay Your Taxes & Stay Out of Trouble (Small Time Operator). You can even have anything you purchase in regards to your business deducted as a business expense.
It might be wise to get some part time job either during the evenings or night to supplement your income until your biz gets off the ground more.