This is a collaborative post
Have you been dreaming of starting your own family business and becoming your own boss? Starting up your own family company is a great way to leave a legacy and make your own money on your own terms. Some of the most successful businesses are family-owned. Whether it is a wife and husband teaming up or a son and father running the show, starting your own family business can be both challenging and rewarding. One of the best reasons to start operating your own business is that you get to set your own hours, your own rate, and your own schedule. Here is our guide to 10 of the best family business ideas.
Make sure to Protect your family business at all times
Every business brings risks and challenges along the way, that is why it is essential that you have the correct business insurance policy in place to protect you against any accident, theft, damage, and legal fees. Learn more about what cover options are available to you.
Starting up your own family restaurant is an exciting and new adventure since it’s a business that requires different skill sets and multiple people to run it successfully. A family-run restaurant will really appeal to the people in the community. It is also a business that young kids can get involved in as well, giving them valuable experience working in a professional environment and dealing with the people in the community. There is a lot of money, time, and effort in the running of your own restaurant but even with these challenges, you should still pursue your own dreams. If you don’t want to start from scratch with your own restaurant, then you can purchase a franchise business as an alternative route.
Running your own cleaning company is the ideal smart family business if you don’t mind getting your hands dirty. The good thing about this business is that you can set your own hours, rate, and working schedule. You can offer your services on a monthly or weekly basis to businesses or homeowners in your area and beyond. In addition, you could also provide cleaning services to offices and other various industries. If you do a fantastic job, your client list will grow over time through word of mouth. It is not the most glamorous business, but a successful venture could pay off big time and the money-making opportunity is big.
Kids electric cars online business
Online businesses have grown into a huge market and are continuously growing every year. Running any type of retail online business requires multitasking such as purchasing your products and selling them on the online market. At the heart of any business is the quality of the products that will appeal to your kids. Children love to play outdoors and have plenty of fun so why not set up a family run kids electric car business. The kids can get involved, giving their input into the cars to supply and give you advice on which ones would sell and what kids would really love to play with. Kids Electric Cars suit any type of occasions such as Christmas, birthdays, and any special occasion. It is a real breadwinner in my opinion! It is essential to grow your online presence through search engine optimisation when undertaking any online business.
Are you a family that has a love for animals? Then there is no better way to spend your time then setting up a pet sitting family business. Taking care of your neighbour’s pets while they are away on holiday can be lots of fun but very rewarding also. This is an easy way to fill your time, give back to your community, and make a little extra money while enjoying yourself. It is essential to market your pet sitting services to areas that may need help such as people with limited mobility or young couples that may work long hours. Marketing your pet sitting firm online is also essential for local clients.
Operating your home childcare business requires a lot of experience and the correct qualifications. If you work from home and may have children, then this is a good opportunity to open your own business. Running your enterprise from your property keeps the costs low. It is advised to advertise your business to independent parents that may work long hours and also to friends who may need that extra help. Social media, job advertisers and building a website with a professional digital marketing strategy is a good place to start for advertising your new business venture.
The pet grooming business is growing and is a great opportunity for the whole family to get involved with. If you love spending time with furry animals, then pet grooming is the business for you. You could provide a full grooming service with no overheads and take care of the pets at their own home. You could also set up a mobile dog grooming facility where your clients come to you at your location. Why not put your grooming skills to the test!
Baking is a hobby for many people and if you are a 5-star baker, then why not set up your own family baking company. You can easily practice your baking from home and as we all know, “practice makes perfect!”. Bake some easy recipes such as bread and biscuits and this can also be expanded to bespoke cakes. You could also market your business at local community events and fairs or partner up with your local supermarket, cafes, and more, selling your products to the public. One of the main challenges with the running of this type of business is finding your customers on an ongoing basis, however, if you have a niche bakery with exceptional products, this is sure to be a real money maker. Put your baking skills to the test!
Celebratory Gift Baskets
For those who have an artistic flair why not create and make celebration-themed gift baskets for various occasions such as weddings, graduations, baby showers, birthdays, and more. This is a great fun idea and business for all the family to get involved with. Get together the perfect baskets, gift ideas, and decorations to get started. Once your client list starts growing, you can easily expand into additional markets by creating new ideas and themes. Advertise through social media and the online market to grow your business quickly. It is very rewarding piecing together some distinctive gift baskets for your customers and also bring in profitable sales.
Gardening or Lawn care
If you are a lover of plants, flowers, and spending lots of time outside, then you should consider setting up a garden care business. Many people don’t have time to maintain their garden or lawn and simply hire a professional to maintain it for them. Whether it is planting wonderful flowers and plants in the garden or simply mowing a lawn on a regular basis, this can turn into a great money-making business with the right connections, even the kids can get involved! Garden maintenance is the ideal business venture during the summer season to gain that extra revenue.
Alterations and Sewing
If you know your way around a sewing machine, then why not set up an alteration and sewing company providing clothing alterations and repairs. Advertise your services through your local clothing shops, bridal shops, and social media platforms. You could also expand this business and work into decorating and design, creating customised cushions, curtains, blankets, and more. Promote your family tailor business to your friends and family. This is a great steady moneymaker and is easy to start up and work your way up the money-making ladder.
Once you have decided as a family on your new business idea, start planning and start taking the steps mentioned above to launch your business. Identify your budget, revenue, decide if you need to borrow money, who your potential customers are, and what your products are going to be. Remember also set up your social media and a website if required. You must keep in mind that not every business will run smoothly, and this is natural as a new entrepreneur. Even if you are just starting out as a family, working together will make it all worth the while.
Disclosure: This is a collaborative post