2006-08-11 10:47:17 · 12 answers · asked by Karunah 3 in Business & Finance ➔ Investing
Laundromat... HELL..it's freaking expensive. 1 EURO for 10 mins drying..what da hell... 7 EURO for a small wash machine.. At least, that's what I thought of doing... :)
2006-08-11 10:54:23 · answer #1 · answered by AzNgUrL 6 · 0⤊ 0⤋
Without any idea of what sort of business you'd want to own, try just sitting on it for a while longer. It's a lie that you have to love your product like a child every minute of every day. You don't have to have a burning passion if you're good at something -- liking what you make or do helps get you through the tough times, but otherwise business is business is business. If you have a talent or interesting take on something, run with it. Building from the ground up also doesn't take a lot of money, so whatever you don't spend can go into stocks or just a high-interest savings account until you know what to do with it. Owning your own business is more exciting, but the odds you'll lose everything are much higher. If you get into something unusual but very labour-intensive, all you have to do to keep the company going and growing is to just keep turning up. The other, easier, businesses (casual bookkeeper, web developer, anything a single person can do with one computer or a car) are saturated everywhere, so don't bother. Self-employment/proprietorship requires a lot of gusto and gumption, so unless you're going to open a downtown deli counter you're going to have to work pretty hard for two to four years. You might also purchase equity in a fledgling firm that needs some new equipment to take the next step. Again, there are risks, but depending on your agreement you can either be a silent partner or an active one if you detract from or add to their day-to-day function. Franchising is another way to go, and relatively cheap and easy to start up, but it's an animal unto itself. The head companies control their brands very tightly, which might suit you insofar as all major decisions have been settled already and you basically just do what you're told. You may or may not have a choice of location, and not all of them are going to make money. It's between self-employment and regular employment; neither of one world, nor the other. The demands are about the same as a regular small business -- expect seven-day weeks and a lot of responsibility, but there are support networks with other franchisees. Franchisees' average incomes are between $30,000 and $60,000 per year.
2016-03-16 21:28:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depends how much risk you want to take.
If you are not sure what business venture to enter into yourself without a clear business plan, i would think of the following:
Invest in property in Czech or Poland (although Czech is becoming more expensive now).
Alternatively, i would just invest in shares as a long term investment, but many, not just one.
2006-08-11 11:01:17 · answer #3 · answered by Peakey 3 · 1⤊ 0⤋
Trading shares.
Not day trading and not spread betting but short-term, 1-3 months, buying and selling of shares.
Read some books, study the markets, paper trade and see how much you could make.
With practise, and a bit of luck, you should be able to achieve returns of 20%-30% per annum.
2006-08-11 11:37:05 · answer #4 · answered by CeeVee 3 · 0⤊ 0⤋
Why would you want to spend that much? I run my own business from home and it only cost me £200 to start up. See the link
2006-08-11 10:58:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋
IF in UK... Holland... or Germany... you could take a look at this...
http://www.bluethundergroup.com/
Well established... family orientated... good incomes... etc
& won't cost you $250,000 to set up.... even the information is free.
2006-08-12 01:07:43 · answer #6 · answered by englands.glory 4 · 0⤊ 0⤋
IF YOU WOULD LIKE TO WORK AT HOME VISIT http://715289980.gohft.COM/ THEN GO TO THE TRAINING CALL WHEN YOU CAN, ANYONE IS WELCOMED IT'S M-F 7:00PM EASTERN STANDRED TIME (646)519-8515 EXT.2270 BUT GO TO THE TRAINING CALL FIRST I RECOMAND, AND GET YOUR QUESTIONS ANSWERED.
2006-08-11 21:12:05 · answer #7 · answered by whydeel 1 · 0⤊ 0⤋
How about a currency exchange office, that way you can use their Euro's instead of dollars.
2006-08-11 10:55:01 · answer #8 · answered by Barry M 3 · 0⤊ 0⤋
A small shop in a big city selling whatever you happen to be knowledgable in.
2006-08-11 10:50:56 · answer #9 · answered by Anonymous · 1⤊ 0⤋
this ? its took Australia by storm... just getting going in the UK and Europe.... turn that stash of yours into some real dough.....
2006-08-11 10:56:48 · answer #10 · answered by redwood1775 2 · 0⤊ 0⤋