5 Business Ideas for Families: Build Your Future Empire

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Craving career independence and more time with loved ones? Utilizing franchising to launch a family business can help you achieve financial freedom and set future generations up for success. Uncover that pave the way for a prosperous future.

Family-owned businesses account for about 70% of the global GDP and provide 60% of the world’s jobs. Most family businesses focus on purpose beyond profit and take a cautious approach, making them strong performers, McKinsey & Company reports. They tend to be adaptable and resilient, enabling them to weather economic downturns and fluctuating demand.

If you lack job security and want to create a better life, a family business is the right move. It combines the strength of shared trust, mutual support, and a unified vision, creating opportunities to build financial stability and a legacy.

Franchising Fuels Family Business Opportunities

Franchising provides a path for many entrepreneurs interested in launching a family business. As a franchise owner, you get a turnkey business with an established brand, alleviating many challenges new businesses can face, such as marketing hiccups, supply chain concerns, and building consumer trust.

Here’s why franchising works for families:

  • Proven systems: Franchises come with established frameworks and support, limiting the potential for conflict as you build a reputation in the community.
  • Reduced risk: It helps minimize trial-and-error. Franchisors hone procedures and operational guidelines to provide a business model that’s already successful.
  • Shared roles: Franchises often have pre-defined roles, making it easier to delegate tasks among family members.
  • Designed for growth: Franchises are designed to be scalable. You can expand your empire over time, adding locations or diversifying services.
  • Training and support: Franchisors offer comprehensive training, ideal for families with no prior experience.
  • Build a legacy: Franchising provides a structured, enduring model to pass down through generations.

Family-Friendly Business Ideas

If you’re ready to launch a franchise with your family, finding an opportunity in a booming industry with high-profit potential is crucial. Whether you’re searching for a business idea for families or a business idea for couples, here are some industries poised for growth:

  1. Senior care services: The number of seniors is skyrocketing. According to the National Council on Aging, there were nearly 58 million adults in the U.S. aged 65 and older in 2022. By 2040, that number is expected to climb to more than 78 million. A senior care franchise provides compassionate support to the elderly while building a meaningful business.
  2. Food and beverage franchises: Americans continue to eat out despite rising food costs. The average American spends $191 on meals away from home each month, US Foods reports. Operating a local eatery or coffee shop can be lucrative, and every family member has a role to play in the business.
  3. Home services: The aging housing stock and busy lifestyles are prompting many homeowners to enlist the help of home services providers, such as cleaners, landscapers, remodelers, and more. Home services businesses typically have low overhead costs—many operate from a home office and provide mobile services. Home services businesses are easy to scale, and there’s an opportunity to grow vertically by adding additional brands to your portfolio to generate year-round opportunities.
  4. Pet care businesses: Americans were forecast to spend more than $150 billion on their pets in 2025. Offering boarding, grooming, or mobile pet services is an ideal option for animal-loving families.
  5. Education and tutoring centers: Rigorous college admissions and rampant standardized testing are prompting parents to seek outside tutoring to ensure their children stay on track. A tutoring business can help students excel academically while teaching valuable skills.

The Best Family Business to Start

A Place At Home offers a meaningful mission of providing compassionate senior care, allowing families to make a real impact in their community. With comprehensive training, ongoing support, and a scalable business model, we enable families to work together to build a thriving business and create a legacy of care and service for future generations.

Take the First Step Toward Your Family’s Empire

If you’re ready to launch a business in the senior care industry, fill out a franchise inquiry form. A franchise consultant from our team will reach out to answer your questions and give you the details you need to make a confident decision about your future.

Best Franchises for Women Entrepreneurs

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Best Franchises for Women Entrepreneurs

Female entrepreneurs are an integral part of the small business community. They own more than 12 million of the nation’s small businesses and employ over 10.7 million people. The franchise business model helps propel female entrepreneurship by offering a flexible and supportive framework. Take the first step towards owning a successful business today by finding the best franchises for women entrepreneurs in diverse sectors.

Franchising Offers Turnkey Opportunity

Franchises provide a proven business model, which is especially beneficial for aspiring business owners who want the structure of an established brand. With training, brand recognition, and ongoing support, franchises lower the barriers to entry for women entrepreneurs. Many franchises also prioritize gender diversity, offering support networks, and promoting leadership development to empower women.

Female entrepreneurs are achieving success as franchisees. At least 48% of female business owners pursued franchising in 2024, according to data collected by Guidant Financial. The average annual income of female franchisees on Franchise Business Review’s “Top 50 Franchises for Women” was $92,000. And 88% of these female franchisees said they enjoy operating their business and 33% are multi-unit owners.

Finding the Best Franchise for Women to Own

If franchising sounds like a viable option, research to find a brand that fits your financial and lifestyle goals. Do you want to own a storefront or a work-from-home business? Do you want to manage employees or be an owner-operator? Understanding your goals will put you on the right path.

Successful female franchises exist in every industry. But there are certain segments of franchising where women thrive. Let’s take a closer look at some of the best franchises for women:

  • Senior care services: By 2040, one in five Americans will be age 65 or older, the Urban Institute As the population ages, demand for senior care services is surging. The senior care market hit $923.2 billion in 2023 and is expected to grow by a Compound Annual Growth Rate of 4.16% through 2030. A senior care franchise can be a rewarding and lucrative opportunity for compassionate female entrepreneurs.
  • Tutoring: As students struggle to regain learning loss from remote schooling, parents are turning to tutoring to help bridge the gap. Female entrepreneurs can offer tutoring online or open a brick-and-mortar location. For women passionate about education and community involvement, this business has the potential to be both profitable and meaningful.
  • Health and wellness: As more Americans recognize the benefits of fitness for both physical and mental health, gym membership hit a record high of 9 million members in 2023, and the average member visited a facility 81 times annually. There are many different types of health and wellness franchises, from large gyms to personal trainers. There are also many fitness franchises targeting female customers, putting a woman owner at an advantage.
  • Staffing: The staffing industry provides businesses with flexible employee solutions. They can add and contract their workforce based on seasonality or project demand. As demand for a flexible workforce continues to grow, a staffing franchise offers the stability and steady income potential many female owners desire.

A Place At Home: A Top Choice for Female Entrepreneurs

If you want to make a difference in your local community, A Place At Home can help you build a business in the senior care industry. Our home care franchises take advantage of multiple revenue streams to enhance profitability. We offer in-home senior care, care coordination, senior living alternatives, and staffing solutions. Become your community’s go-to resource for seniors!

Fill out a franchise inquiry form to learn more about A Place At Home. We’ll connect you with an expert from our franchise team.