6 Family Business Ideas for Freedom, Flexibility, and Fun

Whether you're considering running a business with your spouse, children, or extended family, the idea of building something together that reflects your collective values and aspirations is exciting. Explore some family business ideas that will give you more time with your loved ones while you build your financial freedom.

What to Look for in a Family Business Opportunity

When evaluating business opportunities that may be right for you and your family, consider these key factors:

• Alignment with family values and interests: Choose a business that resonates with your family's passions and strengths.
• Flexibility: Ensure the business allows for flexible roles and responsibilities, accommodating the varying schedules and commitments of family members.
• Growth potential: Look for a business with the potential for growth and scalability, ensuring a sustainable future for your family.
• Support and training: Especially important if you're considering a franchise, adequate support and training can set your family up for success.

If you go the franchising route, seek out franchises with a supportive corporate culture, one that understands and respects your role as a parent or caregiver. This can manifest in various forms, such as understanding franchisors, supportive fellow franchisees, and a community that values family.

Research and connect with current franchisees who also juggle family responsibilities. Their experiences can offer invaluable insights into how the franchise operates in real-world, family-centric scenarios. A franchise with a history of successful family-oriented owners is more likely to be accommodating to your needs.

Engaging Family Business Ideas

When thinking about a family business, consider ventures that align with your family's interests and skills. Here are a few ideas to get the whole family involved:

1. Event planning service: If your family is full of creative and organized individuals, an event planning business could be ideal.
2. Retail store: Whether it's a boutique, a bookshop, or a hobby store, a retail business can leverage the diverse interests and talents of family members.
3. Landscaping or gardening business: Landscaping or gardening business: Perfect for families who enjoy outdoor work and have a knack for design and horticulture.
4. Online tutoring services: With the increasing demand for online education, starting an online tutoring service can be lucrative. Family members with expertise in different subjects can collaborate to provide tutoring services to students worldwide.
5. Day/childcare services: Establishing a daycare or babysitting service is ideal for families who enjoy caring for children. You can often start a small daycare center at home with limited capital, as long as necessary permits and insurance plans are in place.
6. Café or bakery: If your family loves baking or cooking, opening a café or bakery can be a delightful venture. It allows for roles in baking, cooking, customer service, and management.

Vicious Biscuit: A Delicious Family Business Idea

Vicious Biscuit stands out as an exemplary franchise for families looking to venture into the food industry. Here's what makes it great:

• Family-friendly concept: As a one-shift, brunch-focused restaurant concept, Vicious Biscuit is only open until 3 p.m. A single 10-hour shift requires less labor and frees up franchisees for more work-life balance.
• Emerging franchise opportunity: Our seven corporate-owned stores proved out the concept in 2023 with an AUV of $2.5 million. Based in the culinary epicenter of Charleston, South Carolina, Vicious Biscuit is intent on adding 75 franchises in the next five years.
• Fun culture: From cheeky biscuit creations like Silence of the Hams and Hen Solo to funky twists on old-fashioned favorites (Sweet Puppies!) and craft cocktails, Vicious Biscuit is a brunch concept that creates a modern, memorable experience rooted in Southern hospitality.

Vicious Biscuit prides itself on being a family-friendly business where parents and teenagers or older children can be involved with day-to-day operations. An emphasis on the morning daypart gives families flexibility and freedom in the afternoons.

To learn more about what makes Vicious Biscuit an excellent family franchise opportunity, get started.