If someone was to give you any amount of money you wanted for a business, but he wanted a 40% return on his investment every year, what type of business do you think would work?
(i.e. He loans you 250,000 dollars and wants you to pay him 100,000$ per year as long as you own the business.)
2007-12-17 16:23:28 · 8 answers · asked by Anonymous in Business & Finance ➔ Small Business
Nothing would work for you. He would OWN you.
2007-12-17 16:26:45 · answer #1 · answered by VanDee 4 · 1⤊ 0⤋
Hi I should suppose you have entered the mafia or a rich uncle decided you got potential.First, niche market.You cannot beat conglomerates. Are you into travel,leisure, sports, health, consultation? These are the future stuff that will flourish. Just keep it legal.Get a business insurance to cover if you do have losses. You must posses a skill, an industry you are really confident in to invest in. Doing business hands-on is best. No get rich schemes or leaving others to decide for you. You are now given agreat opportunity, invest in Gold, Property for rental and appreciation in price. Leave some to the bank in unit trusts.Get more info. NEVER SIGN ANY DOCUMENTS unless you have fully understood the terms.
2007-12-18 02:24:06 · answer #2 · answered by zarina a 3 · 0⤊ 0⤋
Are you guaranteed enough income each year to pay the $100,000, all business expenses and still be able to support yourself? This business arrangement doesn't sound too well thought out.
Why would someone give you 250,000 and you don't have a business plan?
2007-12-18 09:20:40 · answer #3 · answered by Leather and Lace 7 · 0⤊ 0⤋
That is a ridiculous amount of money to expect in return for an investment like that. The only investments that will give that return reliably aren't legal.
2007-12-18 00:29:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Dealing with a loan shark is not a good idea. With $250k. You would not see a 100k. for the year.
2007-12-18 00:39:33 · answer #5 · answered by Big Deal Maker 7 · 0⤊ 0⤋
Selling drugs is probably the only way you would be sure to hit that ROI every year.
2007-12-18 00:28:30 · answer #6 · answered by Anonymous · 0⤊ 0⤋
My Name is cupit not stupid
2007-12-18 09:29:44 · answer #7 · answered by list.black80 1 · 0⤊ 0⤋
i wouldnt work you wouldnt make it two years
2007-12-18 00:28:16 · answer #8 · answered by jamie c 2 · 0⤊ 1⤋