According to a study by Virginia Commonwealth University, offering a “bring your pet to work” policy might be more than just a nice-sounding benefit: It could lower your employees’ stress and make other workers feel more satisfied with their jobs.

Is an open doggy-door policy right for your company? Here are some factors to consider:

Do your research. If you’re leasing your workspace, be sure your landlord allows pets. You should also talk to your business insurance agent or risk-management specialist about whether you’re insured if your pet injures someone or damages property. In other cases, you may need employees to sign waivers accepting legal responsibility for their pets’ behavior while in your office. Of course, if, as part of your business, you and your employees handle food or beverages or offer personal care services (particularly day care or elder care), you need to carefully check any licensing bureau regulations about the presence of pets.

Start slowly. Instead of announcing to your employees that pets are welcome anytime, start by allowing the pets in your office or retail shop one day a week. Be sure to give employees plenty of warning before you begin allowing pets, and have open discussions about any concerns (allergies, accidents, disruptions, etc.) and how you can accommodate them.

Create a pet policy. Even though you hope employees will use common sense when bringing pets to work, it’s wise towrite guidelinesg. You might also require employees to prove that their pets (dogs especially) will respond to basic commands like “Sit,” “Stay,” and “Down.” Consider limiting the number of animals allowed in your office at one time and asking employees to sign up in advance to bring in their furry pals. Also, employees should be required to prove that pets’ vaccinations are current. Keep copies of that information in the office if you’re questioned.

Consider your image. Pets can be great icebreakers with new customers and give your business a reputation for being laid-back and friendly. That can work well if it fits your company’s goals and values. However, if you run a very “buttoned-up” type of business, pay attention to whether your clients are annoyed by the presence of pets. If animals make your business appear less professional to your key customers, they might not be a good fit.

Set clear boundaries. Remember that not every employee will be an animal lover. Respect workers’ wishes to keep pets away from their office spaces. You should also enforce “pet-free” zones and keep animals out of the office kitchen/cafeteria, restrooms, and some meeting rooms.

Make pet-exercise part of company culture. Encourage dog owners, in particular, to take their pets out for regular walks throughout the day. Even though they’re away from work, your employees are getting exercise that can lead to better health and higher productivity. If necessary, go along with your workers and their dogs – making these outings your “walk and talk” meetings. You never know what fresh business ideas might come from your canine commutes!