If you had that amount of money, what is the safest way to make a Business that is profitable?
If you had that amount of money, what is the safest way to make a Business that is profitable?
stupid question. with that attitude i'd rather stick it in the bank on a fixed deposit quite frankly..
"Safest" and "make a business" are two words/phrases that don't exactly go together.
guess their are not enough people with imagination in this forum..
It's not a question of people here being creative or having imagination. The problem is that it's a ridiculous question that doesnt really make much sense to begin with. As Jmenq2 stated "safe business" is quite the oxymoron.
The amount of hypothetical if you had X questions on this forum is getting silly.
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A thinker sees his own actions as experiments and questions--as attempts to find out something. Success and failure are for him answers above all.
Friedrich Nietzsche
100 thousand dollars is not enough to buy a safe business.
A safe business to me is an excellent franchise like Dunkin Donuts or McDonalds. But those are big money franchises and you dont have enough money.
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I don't even think Dunkin Donuts or McDonald's are safe businesses. If you purchase a franchise and just sit on your hands, do you think you'll be successful? No.
You want a safe business? Purchase government debt, tell yourself that you're doing so as part of a "business strategy," and hope to God that the economy continues to slow, thus curtailing inflation.
id make a bed out of 100 dollar bills and sleep on them
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I'd bet it on red.
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annoying question
Your question is valid and easy to answer. It's likely the quickest and safety business to put $100,000 in would be a franchise. A franchise provides you with instant brand name recognition, national advertisement, training, and other assistance. They'll help you get everything started and work by your side at the beginning of the launch, because the success of that franchise benefits the whole corporation or LLC as a whole.
A couple here in my town opened up a Quizno's in less then 9 months and that place is booming with business non stop. If they have trouble or questions they can get assistance from Quzino's. Which in general most Franchise opportunities provide the same kind of assistance.
But it's a good idea to do a lot of research to find a franchise that is growing. You wouldn't want to put your money in say Blimpie.
Checkout this site Entrepreneur magazine's website and their franchise section to find a list of various top ranking franchises.
"You can have anything you want in this life, if you're willing to work for it." ~ My Dad
You guys are no fun, Id buy a 2007 MB s550, and with whatever I had left, id pay for the gas.
Well, the question asked what safe business you'd invest in. Now if I had 100k burning a whole in my pocket, I'd do one of two things: 1. head to vegas and play poker because the games are softer than the casinos in my back yard (hustler/bike/commerce/HG) and try to double up to get a Aston Martin DB9 or 2. settle for the working mans Aston and go get a Jag XKR, sticker @ $99,525.
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A thinker sees his own actions as experiments and questions--as attempts to find out something. Success and failure are for him answers above all.
Friedrich Nietzsche
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