2007-02-10 15:47:35 · 11 answers · asked by Anonymous in Business & Finance ➔ Small Business
do anything you want! u can use ur money as start up or possibly collateral in starting up something which requires more. Look into the small business association and see if u can qualify for a loan or a grant for ur business, research first, read all the small fine print, and do your homework, but u can do whatever u want! be ur own boss and good luck!
2007-02-10 15:51:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, lend the money to me (ok not all of it) and I will pay for the new line of clothes we are having made. then I will pay it back at a decent interest rate. Ok so probably not what you want to do with it, however there are many things you can do. First however, become specific about the goals. Is this full time income, part time. Should you put some of the money in an IRA. You could put the max allowed for the year in a self directed IRA and then invest in an LLC. You could buy tax certificates (very safe). Your question is very wide open. Focus it more, narrow it, and then ask again.
******DONT buy into a MLM, selling products. People very seldom as much money back as the effort they put in. MLM people work very hard and the pay really isnt what it should be, nor will it be***BE the person who is on top, start a real business, not just a name gather'r for others***
Good Luck
2007-02-10 15:52:30 · answer #2 · answered by batwanda 4 · 0⤊ 0⤋
You could take just under $200 of that and start a home business in the health and wellness industry. It is fast becoming a trillion dollar industry, our company doubled in the U.S. last year and quadrupled in Canada, making it a product very much in demand. It could be another stream of income for you while you are trying to decide what to do with the rest. It would also be a good way to learn how to run a business and find out what you like to do. It's not get rich quick, but if you treat it like a million dollar business, incomes of $20k/mo are definately not unusual. Not a bad investment!
2007-02-10 18:43:35 · answer #3 · answered by Anonymous · 0⤊ 0⤋
First you should consider:
What kinds of things do YOU like? What are you good at? Are you good with computer software but not hardware? Do you like to arrange flowers? Do you make hot chocolate better than anyone else, anywhere?
Think about past jobs you've had, what did you like about each? Did you like one particular job better than others and just knew you could have done it better had it not been for the pesky management?
Me, I am opening a cellular store because I know I can give better customer service than anywhere I've ever worked before and still manage to make a profit. And because I still feel excited about the product. You definitely have to believe in what you are selling.
Make lists, pros and cons if you have to and start narrowing the field.
Good Luck
2007-02-10 17:11:03 · answer #4 · answered by cell_chik 4 · 0⤊ 0⤋
If not a home based business how about a cell phone store! If you have 25,000 you could possibly use that to get a loan for more. It would be selling sprint/nextel phones. not sure of the exact dollar amount needed, but if your interested I could get you in direct contact with someone who could give you more specifics. email me at crhoy24@yahoo.com if interested.
2007-02-13 11:44:13 · answer #5 · answered by hoyboy 1 · 0⤊ 0⤋
For under $500.00 you can get started in your own home based online travel business that could potentially bring you in a six figure income.
There is a lot of money to be made here. Do yourself a favor and check out this website.
www.ytb.com/kellermantravelvision
MAKE MONEY WILL TRAVELING THE WORLD!!!!
2007-02-10 16:02:52 · answer #6 · answered by naliwad 3 · 0⤊ 0⤋
If you are looking for a home business with a company which has a system already in place, I could share some information about that with you.
2007-02-10 23:31:51 · answer #7 · answered by gatorgirl 5 · 0⤊ 0⤋
Well i dont know much..cause im a young entrepreneur..and im almost staring an online business..but i can tell that you should do some research on whats hot right now..what would ppl like to buy or what services they will like to recieve..the best is that yout going to be your own boss =D so u can do whatever u want....
2007-02-10 16:04:33 · answer #8 · answered by diment_400 1 · 0⤊ 0⤋
It very much depends on what sort of business you had in mind, there is one which I would recommend you take a very close look at, in fact it has been endorsed by the billionaire Donald Trump as probably the best in the world today for its ethics, honesty and integrity.
Take a look at this web site www.iolair.acnrep.com for an overview but make sure you click on your country's flag at the bottom of the web page.
2007-02-11 06:19:18 · answer #9 · answered by Eagle 2 · 0⤊ 0⤋
Try the Business Opportunity Search Engine
Your results from the community powered Business Opportunity Search Engine are much more focused than a general search engine and they will continue to learn and adapt, anonymously and automatically, based on the search behavior of every search you request.
http://www.businessopportunitysearchengine.com
2007-02-13 11:45:07 · answer #10 · answered by Anonymous · 0⤊ 0⤋