Doing business with dad

These five father-child teams say starting a small business together was a leap of faith, but they all agree that the secret to their success is trust.

Bob and Rean Stucker
Bob and Rean Stucker
Business: Mexican restaurant

Before Bob Stucker, 48, opened his first Panchero's Mexican restaurant in Florida in 2006, he asked his daughter, Rean, if she would partner up with him. "I wanted Rean to come into business with me," he said, "so she could handle all the operations and I'd take care of the real estate and the architects and the builders."

But Rean was unsure at the outset. "Initially I was nervous, but there was some comfort in knowing that I would be doing it with my dad." So she agreed and since then the twosome have opened four additional locations and inked a 17-restaurant deal to spread the franchise across Central Florida.

The secret to their success according to Bob: "I can trust her," he said, but the downside is that "it's not an employee, it's also my daughter."

"Sometimes I want to say something but that can be perceived as overcritical or she can come back at me and it goes back and forth."

"I think people automatically assume, because you are working for your father, that it's going to be easy," Rean said. "But it also gives me something to work for because I have something to prove, not just to my boss, but to my dad as well."

Gary and Eric GrefRath

Bob and Rean Stucker

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.