Business Ideas for Couples: Top 9 Ideas

Couples can start and run a global brand. Today, we have popular brands under the control of different families in the world. Your family could just be on the way to running a similar conglomerate in a couple of years.

In this article, we talk about the top nine (9) business ideas for couples. If you and your spouse have considered going down the entrepreneurship pathway, starting any of these businesses could be worth it.

1. Get into the Wanderlust Business

We must mention that any business you intend starting with your spouse needs to meet the market demands. Also, the business or the industry should be lucrative so you can make steady income.

With that being said, one business that matches that description is the travel business. There are lots of opportunities here and with the right education, you and your better half could be on the way to “getting into the money.”

Here is an idea on how to start and scale your travel business:

Become Travel Planners

The truth is that both individuals and business executives tend to have a hard time getting around their travel itineraries. If you can help them plan their trips, it would be an opportunity to make money.

As travel planners, you will help your clients in the following ways:

• Booking their trips with the airlines.
• Making reservations at hotels.
• Making arrangements for a tour guide to help your clients navigate their destinations.
• You can also help with handpicking choice (tourist) destinations for their sightseeing cravings.

2. Start an Event Planning Business

Ladies thrive the most in the event planning business but with help of the men, it becomes better. You can let your wife run the décor and other basic arrangements while you go client-sourcing, forming a team and building a brand around it.

3. Start a Virtual Assistance Service

Virtual Assistants (VAs) are in high-demand. Established brands often have one or more VAs working with them to help smoothen the communication with the customers.

As VAs, you and your spouse will help the clients with:

• Managing their emails
• Boosting the customer’s interest in their brand.
• Receiving and tackling customers’ concerns.
• Managing the social media presence of the clients. This includes managing the Facebook, Instagram and LinkedIn pages.

Also read: How to Start a Social Media Marketing Agency without any Money

4. Start a Business Based on Subscriptions

Membership sites are examples of subscription-based businesses. This type of business thrives on the renewal of the customers or users’ subscriptions to continue enjoying the services rendered.

Before considering this business idea for couples, here are some of the things that must have been in place:

• The Service: you and your spouse should have a service or product that needs to be subscribed to and which is subject to re-subscription to keep using it. The service or product could be an online educational resource, a limited product or a beauty product.
• Subscription Basis: how long does the subscription last? The best subscriptions are between a month and a year. So, you can choose to accept monthly subscriptions or make it annually.

However, offering a subscription straight-up might not fetch you a great deal of money. You need to offer a lot of freebies and even give discounts to win the market over.

5. Start a Rental Business

A lot of opportunities exist in the rental market. There are lots of items to be rented and earn a recurring income from the same.

Below are some of the opportunities:

• Home Rental: this has become increasingly popular following the surged interests in short-let apartments. If your home has some rooms unoccupied, it may be ideal to put them up for rent on a short-let basis.
• Catering Rentals: invest in purchasing catering items, such as buffets, spoons, plates and chairs. You are to rent these out to celebrants and earn an income.

6. Co-Invest in Real Estate

Gone are the days when you have to build a home before you can make money from real estate. You and your spouse can make recurring income from a smart investment in real estate.

Here are ideas to inspire you:

• Airbnb Arbitrage: you can become arbitrators for Airbnb, by connecting homeowners to lodgers and vice-versa. You can make a percentage of the fee from the deal.
• Home-Flipping: this means buying a house at an affordable price, improving it by way of renovation or adding new furniture before selling at a higher price.
• Traditional Real Estate Investment: you can also go through the traditional route of buying a home and putting it up for rent.

7. Run an Online Educational Business

You and your partner can start an online-based educational business. There are several ways to go about it and these are some of the ideas:

• Online Course: you can create a video course on the topic or industry you are knowledgeable. Put up the course for sale on platforms like Thinkific, Udemy, Coursera and your private Learning Management System (LMS).
• Run a Blog or Vlog: if you are knowledgeable about an industry, you can consider starting a blog around it. Say you know how to keep a home neat; you can run a home improvement and décor blog. You can also repurpose the content and make a vlog out of it for publishing on YouTube. You get to earn money both ways –income from ads placed on your blog and revenue generated from vide views on YouTube.

8. Start a Transportation Business

Do you know how to drive? Is your spouse good at making customers happy? Are you familiar with your locality? If the answers to those questions are “yes,” there is a chance that you can run a transportation business with your spouse.

These are some of the best transportation business ideas to run as a couple:

• Food Truck Delivery: you can partner with food delivery companies like Uber Eats and DoorDash. You will help them deliver food from restaurants to the buyers.
• Run a Courier Company: you and your partner should also consider running a courier company that helps people pick up products and deliver to the designated locations. You can partner with online vendors, dry cleaning service providers and companies in need of delivery of confidential documents.

9. Delve into Digital Marketing

The Internet has blessed us with lots of money-making opportunities. With an Internet-enabled device (such as a smartphone or laptop) and an active Internet connection (with a knowledge of something), you can make money online.

The entire process is called digital marketing – and there are different facets of it for you and your spouse to explore:

• Affiliate Marketing: this simply means referring people to buy a product so you will earn a commission. It could be a physical product or a digital product.
• Online Store: you can also run an e-commerce store with your spouse. The rule of thumb is to stick to a niche. Say, you can run an e-commerce store that sells electronics or the one that sells online handmade crafts.

Also read: Digital Marketing Tips for SMEs

Final Words

A look at some family-owned businesses like BMW AG, the Raymond Group, KONE and Red Bull proves that a family can operate a joint business and make it work.

Which of those business ideas would you want to start with your spouse and why?