if you had some money and wanted to open a business what would you do?

Question

I need someone's opinion who has already been successful in running abusiness, such as medical laboratory or a swimming pool or a resturant

Answer 1

If you don't have any idea of what services or goods you can provide it is better not to do business at the present moment but gain some experience working for somoeone and use the ideas to start business of your own. Organizational theory stipulates differentiation of labor or specialization for someone to really provide goods or service properly. Otherwise your service will degenerate in the long run and you will go bankrupt with your investment all gone before you know it. So either pick up a consultant who can support you till you learn how to run the business or gain valueble experience working for someone before you jump into anything.
For example in medical laboratory you need to locate it properly, which will be costly and you need trained personnell on top of your experience in Clinical Pathology. Appointing these people will be expensive. Swimming pool again needs expensive Real Estate which has to be located and equipments are expensive. Restaurant need experienced chefs, maitre'de, floor manager, stewards, waiters, bewarge manager etc; on top of expensive location. These employees should deliver constantly which is your look out. Unless you have experience it will be risky too. So try to run a mission when you have real goods and service to provide not before.

Answer 2

getting some business ideas? or trying to uncover a brilliant business plan that other people are just too afraid to go for?

:)
i'd like to go into consultancy; but in terms of conventional business: selling butterflies from a butterfly farm

Answer 3

invest in water,aworld commdity becoming more valuable by the day

Answer 4

laundromat or self-storage