Buying a business
Author
Discussion

sasha320

Original Poster:

598 posts

279 months

Monday 12th May 2014
quotequote all
I would like to buy a business - budget £100k.

I have quite a few years of corporate experience, project management and consulting experience which I'm not sure is that much help beyond common sense, but having invested in a few properties I'm now after another option for my consulting dividends.

I'm having difficulty scaling my consulting work because it is quite complex to move from a one man band to selling, managing and delivering client engagements at scale with employees and associates.

Ideally I would want to commence something that would within a short-ish period of time look after itself with minimal intervention.

Franchises look interesting but the profitable / low maintenance ones seem expensive.

I'm not one for radical new ideas and I'm a lowish risk profile person.

Just wondering if anybody had any interesting ideas that they may not be in a position to exploit right now.

I could always buy another property but wouldn't mind a different challenge.

Thought about selling £30k to £100k motors and although I think I could make a good fist of it, I could never work out where to source the cars that I didn't take in as part exchange.

I live in London.

Any ideas welcome!