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HI
i want to open a business car related i like cars a lot not to much in to the rims and music and don't know anything about mechanics
what kind of business can i open i work hard and save my money i have 30k and ok credit
any ideas ? thank you

2007-09-07 18:28:58 · 3 answers · asked by melinda_lynda 3 in Cars & Transportation Other - Cars & Transportation

the money is been on a cd for the past 18 months %4 i made a litle over 1,500 in that time but i feel like i lost money the 30k can not buy the same a 1.1/2 ago
it feels like i need 35k now so NO i am not letting the money sit in a bank i need to invest it in something i know a lot how to buy a sale cars maybe i need to open a small car dealer

2007-09-07 18:43:00 · update #1

3 answers

Trust me on this one. You don't want to start a business unless it is something you know from top to bottom. If you want to start an auto related business you need to know alot about autos.

2007-09-07 18:36:09 · answer #1 · answered by Anonymous · 0 0

Best thing for you to do is put your money in a CD until you find something that you know about to start a business in. Owning and running your own business is not as easy or simple as you might think.

Spend some time learning about business fundamentals before you start a new one. Maybe take a few business courses in a community college.

Otherwise, starting a business in your present status is almost a guaranteed loss of your $30K.

2007-09-07 18:37:58 · answer #2 · answered by Matt D 6 · 1 0

A car wash. There is a lot of money in washing and detailing cars these days. It doesn't take that much money to get started in. You could start out at home and working in your driveway. Just send out brochure in your neighborhood, with your services and prices and your address and phone number.

Good luck.

2007-09-07 18:37:49 · answer #3 · answered by Fordman 7 · 1 0

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