Mom and dad businesses are loved by the public as they represent the traditional American idea of being your own boss and not working for a stranger, but friends and family. Being smaller in scale it can be harder for these businesses to compete with the bigger competitors. However some of the largest and most successful companies were started as a small family run business. I just wanted to list some of them here for you.
1) The Coffee Bean & Tea Leaf - aka "The Bean" it is a Los Angeles based family run store that sells, shockingly, coffee and tea. They have 350 stores operating all over the US and in Southeast Asia, and they compete regularly with Starbucks
2) Ben and Jerry's - strange ice cream company founded in Burlington, Vt, in 1978. Were bought out by Unilever for $326 million
3) Party Pieces - an online and catalog party supply company in the UK. Still maintains family business model.
4) Energy Brands (Glaceau) - privately owned subsidary of Coca-Cola, makes Smartwater and Vitaminwater. In 2006, raked in $350 million in revenues and in 2007 bought out by Coka-Cola for $4.1 billion
5) Wrigley Company - had to throw in a successful Chicago business! Is one of the largest producers of gum and candy in the world, started by William Wrigley Jr. in 1891.
These examples are to encourage you to try and open up your own family business, as the success stories roll in from family started businesses. It also gives you the opportunity to put your family members to work... I mean a chance at partnership for a profitable business venture.
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