Many of us have the dream of starting our own small business. But even if starting a small business seems like a relatively easy task, it is actually pretty big and difficult. That’s why many people consider starting their small businesses with their families.
Considering that you’ve already gotten the support you needed from the family, the next step is to look at clever family business ideas. And that’s precisely why you’re here. In this article, we will look at the 6 best family business ideas to get you going.
With all that said, let’s start.
While most people overlook an errand service as a business model, it can actually be quite profitable. Plenty of people hate doing their errands. And while this might seem like something your kid would do to earn ice cream money, it can turn into a full-out business.
An errand service is an easy way to help out the community and get paid in the process. Considering that plenty of people don’t have the time or means to run some of their errands, you’ll have plenty of eager clientele. If they’re willing to let you run their errands, you can get the whole family to chip in until you establish yourself as THE errand service in your local community or town.
When it comes to actually offering a service, you’ll be doing anything from grocery shopping, meal planning, dropping kids at soccer practice, dropping packages in the post office, buying supplies, and anything else that comes to mind.
Errand services are becoming quite popular and they use platforms such as Fiverr, Craigslist, and TaskRabbit to advertise.
A pet sitting as a family business idea is great if your family loves animals. Much like an errand service, pet sitting revolves around taking care of people’s pets. This includes taking dogs for walks, babysitting pets while the owners are away on trips, and even setting up a general pet daycare center.
While you and your family will need to have excellent pet skills and most likely have to have previous experience in being pet owners, the rest of the skills come naturally. A pet sitting family business can be quite exciting and fun. The more people go on vacation and need someone to take care of their pets, the more your business will grow. You can even incorporate other services such as taking the pet to a vet, to the groomer, and more.
This is probably the most common family business idea out there. The vast majority of family businesses are store owners and they offer their communities a wide variety of services. From a local grocery store to a department store, the options are limitless.
The great thing about being a family-owned store is that the scaling options are there. If business is good, then you can easily acquire another location or even perhaps start a delivery service. Regardless, it is one of the better ideas out there.
Local Bar / Restaurant
Starting a bar or a restaurant is a very viable family business idea. Not only that, but it presents a huge opportunity to get the family involved. Since both a bar and a restaurant require more hands-on-deck, your family can be the much-needed help.
What makes this option so good is the fact that people get drawn to the prospect of dining or drinking at a family-run business. Your business will appeal to the wider community and if things are going good, the growing options are right there. Before you know it, you could be opening multiple restaurants all across town.
Event Planning Business
This is no doubt yet another good family business idea. There will always be events and there will always be people that don’t know how to plan them. Planning events is no big deal, but it does require attention to detail. More so than that, you will need to become an expert and successfully cover multiple areas. From planning the food to finding the best venue for the event, an event planning family business is a great way to get everyone on board.
Considering that so many things go into events, you can task each family member with a particular area and plan the events together. Starting an event planning business isn’t hard, and you can even do it from home.
Bed and Breakfast
B&B as a service is highly popular and convenient for travelers. Most B&B properties are family homes or inns that can house anywhere between one to five rooms. While there are full-fledged country inns that have the guest capacity of motels and hotels, you could very easily start small.
The great thing about B&B is the fact that you’ll be providing guests with a family experience. That’s why B&B is a very good family business idea. Much like the previous ideas, you could get the family to do one specific thing. The cook of the family will provide the breakfast, while other members will be tasked with other things. But regardless, you’ll have to market and advertise your service to get people to come and stay with you.
Starting a family business is a great way to bond even more with the people you love. More so, it can turn into something special in the future. But nothing can happen without a good idea. And we hope that our 6 family business ideas are more