what if you had 200 KUSD cash and wanted to use for business ideas? what would you do? how would you do this?
2007-01-05 07:34:34 · 3 answers · asked by jo00017 1 in Business & Finance ➔ Small Business
maybe buy a franchise or two? Maybe buy real estate and rent it out? if you plan on a business then choose something you like to do and do well and don't use all of your money to start the business but invest some in real estate or put some into long term stock/investments.
2007-01-05 07:49:27 · answer #1 · answered by sophieb 7 · 0⤊ 0⤋
I would leverage the money to make more. With that as an investment, you could get a small business loan for about 1 million. I would go to a business broker and buy an absentee owner business that currently makes 300-400K per year. It would take about five years to pay the loan of, but I would then have tons of money coming in. You could do the same thing many times or simply enjoy your income.
2007-01-05 07:42:49 · answer #2 · answered by Ron B 3 · 0⤊ 0⤋
I would open a coffee shop/bagelry ;)
2007-01-05 07:45:01 · answer #3 · answered by Inquisitive 2 · 0⤊ 0⤋