FamilyFinances

Five Best Family Business Ideas

Making a name for yourself in the business world is a hard and challenging process. It takes a lot of time and energy, which is why it’s important to work with the people who can help you make all your wishes come true.


However, even the best associates and partners can’t guarantee you success and stability. And that’s why more and more people understand the only people they can trust is their family.

Starting a business with your family includes a number of steps and can take a while, but it’s always a good idea. If this is something you’re thinking about doing as well, here are five best family business ideas you can explore with your family.

1. Grooming and Sitting Pets

If you’re a fan of animals and love hanging out around them, this might be the perfect job for you. Pet grooming and sitting are among the most popular businesses out there, especially with people who own pets but aren’t in a position to spend enough time with them. That’s where you come into play and offer them services they can’t perform on their own.

Dealing with pets – whether its grooming or providing them accommodation – is something any family can do. It’s all about making a plan and assigning each member of the family a specific task.

While the parents can take care of the grooming, the children can be in charge of walking the pets and keeping them happy. Don’t forget this industry is particularly popular in small communities, so be sure to do everything right, and you’ll probably get lots of referrals before you know it.

2. Running a Bakery

This is another family-oriented industry that can help you maximize your organizational skills, as well as your baking technique. Whether it’s a small-town bakery or a larger establishment that handles catering as well – the clients will be able to feel the love in your products, and that’s something you can’t put a price on. 

Again, running a bakery requires some organizing first, so talk to your family and find out what each one of you can do. First, work on your offer and define what sorts of goods you’ll be selling.

Try to upgrade your baking skills and discover new recipes, but don’t forget the basics either. Cooking coffee, making freshly-squeezed juices, and selling donuts are just some of the things that will help you make a name for yourself, so talk to your family and find out who can do what.

3. Opening a Restaurant

If cakes and muffins aren’t your thing, you can always take the next step and open a restaurant. This sort of establishment will require more work and dedication, but it’s one of the best family business ideas and the sky’s the limit when you have your family to support you.

As you’re able to prepare a healthy home-cooked meal and know how to encourage people to eat at your place, you won’t have to worry about anything. Still, opening a restaurant isn’t something you can do overnight.

You need to find a place, decorate it and purchase the equipment, as well as invest in advertising. Try to make your job easy by discovering helpful things such as those useful mPOS that can help you handle your orders and finances in an easy and effective way. Once you take care of those details, you can start creating the menu and welcoming your first guests.

4. Investing in a Cleaning Company

When thinking of family business ideas, a cleaning company shouldn’t be left out. This is another great idea for all those families who want to build their business in the years to come. To be honest, cleaning isn’t something we enjoy doing per say, but if we do it for money, it’s manageable.

After all, we all clean our own homes all the time and therefore surely have some experience when it comes to this. Still, running a professional cleaning company is nothing like cleaning your living room and kitchen – it’s a full-time job, so be prepared to do it right.

What you need to do is pace yourself: instead of dreaming big and wanting to accomplish a lot in just a couple of weeks, start small and work your way up. In the beginning, offer a sample cleaning to a couple of families in your neighborhood and show them what you can do.

If they’re satisfied with your services, they’ll recommend you to their friends, and this sort of word-of-mouth advertising will help you find new clients. Keep updating your cleaning equipment, make sure your supplies are 100% eco-friendly, and you’ll start making serious money quite quickly.

5. Start Flipping Houses

With so many home-renovation shows on TV at the moment, you probably already know flipping houses is one of the most lucrative businesses out there. That is, if you know what you’re doing.

Even though this looks like the easiest job in the world, flipping houses can be quite hard and exhausting. That’s why doing this with your own family is the way to go, since these people can help you do this right.

House-flipping includes a number of jobs and you’ll have to get your entire family involved if you want to succeed. Talk every decision through and ask everyone for their opinion – that way, all of you are going to be happy with the result. 

Starting a family business takes a lot of time and patience, so be prepared to listen to your family and respect their opinion. If you manage to do that, you can start earning a living doing something you like with the people you love, and there’s nothing better than that!

Here’s how stepdads can ensure both their business and new family stay afloat by managing their time, manpower and money more effectively.

About the author

About the author

Peter is a lifestyle writer and a recent newlywed living in Brisbane, Australia. After graduating from the Australian Institute of Creative Design, he worked as a fashion stylist. Peter also worked as a freelance writer for a few local magazines in Brisbane. Besides writing, he loves shopping, cooking exotic meals, and traveling around tropical destinations with his hubby Josh. His plans are to create his personal lifestyle blog about everyday life-saving tips. Follow Peter on Facebook and Twitter.

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