The investment terms are 5year/12,000. There is also a return of 8,000 dollars in service and merchandise collected once whenever needed.
2007-03-25 01:42:14 · 3 answers · asked by reddiasy 1 in Business & Finance ➔ Investing
What type of business is it? And why go into debt for $12,000 per year or over five years? Please be careful with these types of business investments. There is no guarantee that you will make a good profit to pay on the franchise. The return of eight thousand dollars more than likely is based on a set sale during each quarter of the year. If the set sale is not met, it could mean a penalty against your return. Read the fine print. If this is a very competitive and well known business, you may be facing a lot of competition. In addition, do research on this business. Check with the state's Revenue Service for proof of being valid. In addition, ask if they ever defaulted on tax returns and ask the company for investor references. If they won't give you any, beware.
There are too many unknowns to give a real good answer.
2007-03-25 01:59:17 · answer #1 · answered by Yafooey! 5 · 1⤊ 0⤋
I am in a program that pays more than 1% per day and has been paying since November 2006. So far so good. For more info e-mail marliesbt@aol.com
2007-03-25 14:28:27 · answer #2 · answered by mbtmybiztools4u2 1 · 0⤊ 0⤋
Any Decent Mutual Fund will get you at least 25% Annually.
2007-03-25 17:26:24 · answer #3 · answered by Anonymous · 0⤊ 1⤋