Families can start businesses to help bring in some money to the family bank each day. Money is deposited into the family bank account at 8PM game time every day. The deposit is made before the any daily distribution is calculated.
Businesses can be bought or taken over when one gangster kills another. Businesses can be managed by VIP members and the bosses.
Businesses cost money to be started. The amount it costs depends on the business you are starting. The daily return rate you get for each businesses increases with the cost to start the business.
The businesses available, along with their cost and daily return rates are shown below.
For a gangster to be protecting a business they must be out of protection. The maximum number of purchased businesses a gangster can protect is 2. When purchasing a business the money is taken out of the family bank.
A business can be closed at any time for free. However, the family bank will not be compensated for any loss incurred.
Taking Over Businesses
If your family member kills another gangster through the gangland option then your family will take over all businesses that were being protected by the other gangster. The businesses are protected by the killer and do not count towards the purchased businesses limit.
Every so often a family business can be raided by the feds and shut down. When a business is shut down no profit is lost and there are no fines imposed on the family. The feds randomly raid businesses that have been owned for over a month and can happen at any time.