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Jun 18, 2019 · Family businesses are the cornerstone of most national economies, according to a recent report by Credit Suisse Research. They can create jobs, spur innovation, and drive superior returns.
Learn from the authors of The Harvard Business Review Family Business Handbook how to overcome the challenges and opportunities of family ownership. Explore five aspects of ownership that are crucial to the success or failure of a family business.
- Plant Nursery Business
- Holistic Pet Care Business
- Child Care Service
- Interior Design Business
- Singing Telegram Business
- College Consulting Business
- Skin Care Business
- Experiential Learning Business
- Flower Delivery Company
- Antiquing Business
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Do green thumbs run in the family? Start a family-owned business that plants, raises, and sells everything from cherry tomato starts to rare variegated monsteras. Perfect Plants is a shining example of how you can turn this family business idea into a lucrative company. The plant nursery, which was started by the current owners’ father back in 1980...
Pets need food, water, and exercise, but they also can benefit from massage, custom diets, and even therapy. Differentiate yourself in the marketplaceby adding boutique services to your dog walking or pet sitting business.
The US faces a major shortage of child care providers. Open your home (or rent a local community space) and provide day care or in-home babysitting services.
Turn your passion for rearranging furniture into a family business by helping clients select and implement design schemes in homes and offices. HÁM Interiors, for example, is a family-run interior design company operated by different family members, including a husband, wife, son, and daughter.
Got an entire family of showboaters? Monetize their talents with a family-owned singing telegram business—and don’t forget to involve the kids.
Have experience and insight into the stressful college admissions process? Whether you’re the student or the parent, many families are willing to pay for help navigating financial aid forms, selecting target schools, and studying for standardized tests. You can also help prep admissions materials, making college consulting a great family business i...
If you’re interested in starting a family business, consider launching a skin care line. Some skin conditions are hereditary, so there’s a chance that your family members will experience the same problems you want to solve with your own products. For example, take Fresh Heritage—a skin care brand founded by siblings after a vacation to Morocco made...
Are your family members avid anglers? Expert rock climbers? Schools, businesses, and social groups often look for immersive outings to boost morale and encourage teamwork. Your lawyer cousin can research legal and regulatory requirements, and your Gen Z niece can help you select platforms for social media marketing and create contentto promote your...
Many flower shops and farmers market vendors sell loose stems. Leverage your floral design talents and arrange and deliver custom bouquets through your own online store.
If you love antique hunting, starting an antique or vintage clothing resale business can monetize that passion. Involve the entire family by delegating tasks such as restoring furniture, posting products to your ecommerce store, looking for goods at yard and estate sales, and running a creative marketing strategy.
Looking for a family-friendly business to start in 2024? Check out this list of 50 profitable and creative ideas, from plant nursery to singing telegram, that you can do with your loved ones. Learn how to leverage your talents, interests, and skills to build a successful family business.
- Elise Dopson
- Walmart. In 1962, Sam Walton opened the very first Walmart store in Bentonville, Arkansas. The company’s success surpassed even Walton’s expectations, and Walmart has grown to be a retail giant.
- Chick-fil-A. S. Truett Cathy started Chick-fil-A in 1946, and the company is currently the third-largest fast food chain in the U.S., thanks to its unique franchise structure.
- BMW. Günther Quandt founded what would later become known as BMW in 1916. The company actually began as an airplane engine company before transitioning to one of the largest luxury manufacturers in the world.
- Carnival Corporation. In 1972, Carnival was founded by Ted Arison with a single ship called the "Mardi Gras." The company struggled for the first couple of years it was in business.
After learning France is about to legalize pot, a down-on-his-luck entrepreneur and his family race to turn their butcher shop into a marijuana café. Watch trailers & learn more.
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- June 28, 2019
The Family Business is a TV series about a New York family who run a car dealership by day and a crime syndicate by night. The series follows their conflicts, secrets and betrayals as they face enemies and threats.
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The Family Business is an American crime family drama created by Carl Weber and based on his bestselling crime drama book series. Originally developed as an independent film franchise, BET produced it as an eight-episode limited series in 2018.
