Starting new business ?

[del mar]

Evening,

I currently work in insurance, but fancy a change.

I could pull together £200 - 250,000 for set up costs.

What skills do I have, I must have some...
I am reasonably good at diy - but appreciate that something like a plumbing course with or without gas safety, would be necessary.

My wife likes the tea room idea but neither of us are great bakers and the failure rate seems high.

Good with figures, but don't have any accountancy / tax qualifications.

I enjoy driving, but can't see where there is decent money involved.

A small garage has very high set up charges and outside of basic servicing I would be out of me depth.

Car sales ?

Soft play venue - probably done to death now.

Any interesting suggestions / pros or cons to them ?

I am early 40's so still have 20 years to go!

Thanks

Del

[anonymous-user]

Insurance brokerage.

[rog007]

You've described a bunch of options where barriers to entry are either low or high, which is always the dilemma.

Two choices (I'm over simplifying of course): provide something that is scarce (which probably means the barrier to entry is high so you'll need to invest time (usually in retraining yourself) or money); or provide something you're genuinely interested in and good at where satisfaction comes higher than outright cash reward.

Simples!

Good luck!