£250k - £300k to invest in a business
Discussion
Right guys I have the above amount to invest in a business. Been shortlisting the following:
Petrol Stations/garages
Care Homes
Property
What are your thoughts? What would you do if you had that sort of cash to invest? For the first 2 options id obviously need further finance from banks etc but the returns seem to be very good.
Petrol Stations/garages
Care Homes
Property
What are your thoughts? What would you do if you had that sort of cash to invest? For the first 2 options id obviously need further finance from banks etc but the returns seem to be very good.
Edited by W4NTED on Wednesday 7th April 16:00
I am asking aloud, but in a similar situation to the OP, is there any advantage/benefit in approaching either an insolvency practitioner, or the local office of the insolvency service, with a view of buying a business on the cheap. Surely a lot of businesses that fail, fail due to the poor, bad management of the businesss, and not just the trade, service they are in, offer.
W4NTED said:
Right guys I have the above amount to invest in a business. Been shortlisting the following:
Petrol Stations/garages
Care Homes
Property
What are your thoughts? What would you do if you had that sort of cash to invest? For the first 2 options id obviously need further finance from banks etc but the returns seem to be very good.
That's more than most people save in a lifetime... I'd be thinking about investing it in whatever made you the money in the first place!Petrol Stations/garages
Care Homes
Property
What are your thoughts? What would you do if you had that sort of cash to invest? For the first 2 options id obviously need further finance from banks etc but the returns seem to be very good.
Edited by W4NTED on Wednesday 7th April 16:00
Property - and help out a fellow PH'er http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Edited by T0M on Wednesday 7th April 17:46
T0M said:
Property - and help out a fellow PH'er http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Good call. Farnborough isn't far from London, either!Edited by T0M on Wednesday 7th April 17:46
Hi there,
Lucky you in having that amount to put towards a business, I'm certainly envious!!
More seriously, as mentioned, what kind of involvement are you thinking of in whatever you invest in? hands on, running everything and being 'the business' itself? or looking at perhaps getting other investors on board to have a controlling input or perhaps minimal involvement and modest returns?
with the information so far, you 'could' potentially buy anything or start anything but it ultimately comes down to what you want to achieve, high risk high returns, low risk low return or somehow going for the ultimate of low risk and high return! and all practical combinations of those!!
As a 'quick fire' question, my initial thought was 'oh wow, with £300K i know exactly what I'd do' - I won't put it up here as it's potentially controversial although is currently being done under your mentioned option of 'property'. However that's based on my own level of risk taking and return wants, which may well be very different from yours.
If you could put some more information up, that'd help with further responses!
Cheers, Dennis.
Lucky you in having that amount to put towards a business, I'm certainly envious!!
More seriously, as mentioned, what kind of involvement are you thinking of in whatever you invest in? hands on, running everything and being 'the business' itself? or looking at perhaps getting other investors on board to have a controlling input or perhaps minimal involvement and modest returns?
with the information so far, you 'could' potentially buy anything or start anything but it ultimately comes down to what you want to achieve, high risk high returns, low risk low return or somehow going for the ultimate of low risk and high return! and all practical combinations of those!!
As a 'quick fire' question, my initial thought was 'oh wow, with £300K i know exactly what I'd do' - I won't put it up here as it's potentially controversial although is currently being done under your mentioned option of 'property'. However that's based on my own level of risk taking and return wants, which may well be very different from yours.
If you could put some more information up, that'd help with further responses!
Cheers, Dennis.
Thanks lads. Ideally id like to run the business part time as I have other business interests.
Franchising (mcdonalds etc) seem to be another option BUT the training periods are very long so don't seem worth the effort when im putting down £200k of my own money!
Property seems to be the best bet as thats where this money was made in the first plac
I've just created another thread asking the property gurus for some advice.
Any other idea's? Anyone on here in to care homes or petrol stations? Would be good to hear your views.
Franchising (mcdonalds etc) seem to be another option BUT the training periods are very long so don't seem worth the effort when im putting down £200k of my own money!
Property seems to be the best bet as thats where this money was made in the first plac
I've just created another thread asking the property gurus for some advice.
Any other idea's? Anyone on here in to care homes or petrol stations? Would be good to hear your views.
W4NTED said:
Right guys I have the above amount to invest in a business. Been shortlisting the following:
Petrol Stations/garages
I take it you've seen this thread?Petrol Stations/garages
Gassing Station | Business | Top of Page | What's New | My Stuff