Here is what I would do:
It is often said that dog owner's tend to resemble their pets, and it is certainly true in this case (I do realize the bulldog is just a figurine, though). For that purpose, I would choose b&w, in order to eliminate colorful distractions (especially the red stripe behind the dog). Then I would vignette and selectively darken everything else but the dog's snout and the lady's chin, as they are, imho, the humorous part of the image.