$40,000

[chkyid]

I have $40,000 seriously - what would you do w/ the money - rela estate - franchise, sticks I need brainstornming ideas...


PLEASE HELP

Chkyid

[Kelloway]

40,000 penny candies

edit: haha this is my 40th post

[andrewm]

Subway chain uses your money well i have friends who own a few. Mind you $40k would only be a small part of it. Worth looking into maybe? www.subway.com

[Kelloway]

Subway chain uses your money well i have friends who own a few. Mind you $40k would only be a small part of it. Worth looking into maybe? www.subway.com

lol the other day I orderd franchise info from the site hehe just curious I guess. But ya they give you a neat little package with some good stuff in it. They have one of the lowest franchise fees around. 40,000 could deff. get you going

[akula]

lol the other day I orderd franchise info from the site hehe just curious I guess. But ya they give you a neat little package with some good stuff in it. They have one of the lowest franchise fees around. 40,000 could deff. get you going

man, I never got that franchise thing

you pay others to sell their products

doesn't that sound wacky?

[aron98831]

I would invest it in the stock market. Putting about 75% in a group of 5 to 10 good solid growth companies and using the other 25% in the options market.

[nado]

Get into property.

That amount may even be able to have a downpayment on 2 houses.

Rent them out and voila!

[chkyid]

I appreciate all of your input - good thoughts! I didn't mention that this will be sort of a 1 time deal I will be getting this amount of money in severence pay. I really do not want to get another job working for someone else - so I want to use this money to invest into something I can make a living off of, real estate sounds interesting - alot of info on the web about it - any goo starter sights? Or I was thinking about buying an already established/privately owned business (not Franchise), sometimes you can get owner financing w/ about 15 - 25% down - that gives me around the $180,000 - $ 200,000 price range, and training from the seller for up to 30 days. Any thoughts on this? Thanks for the input!

Chkyid

[nado]

hmm, I would just look into property then if you're looking for a low maintenance solution... i.e. once-off.

Just look around for a bargain in a good spot, and get to work on putting a down-payment on it. Then just get one of those maintenance businesses to manage the property. Voila, hassle-free (well sort of), passive income for many years to come.

[Day2]

man, I never got that franchise thing

you pay others to sell their products

doesn't that sound wacky?

No, you pay others for a system and materials to get a business up and running, channels for your material supplies (with great costs due to the buying power of your "sponsor"), legal document customized to your idustry, cheap liability insurance, etc, etc, etc.

The hugest value, however, is the SYSTEM. The tested-and-refined business rules that allow you to dodge the mistakes of a thousand franchisees who came before you. The cost of making these mistakes and documenting the system, training materials for your managers... Wow.

If you think (for example) you could make a better Fast-Food business than McDonalds or Subway, more power to ya... But I'd wager that 99 out of 100 entrepreneuers could NOT.

I read once that 80% of franchises are still running after 5 years. What percentage of non-franchise businesses do you think are running after 5 years?

-t

[dre]

I read once that 80% of franchises are still running after 5 years.

I gurantee that figure is wrong. If that was the case everyone would buy franchises.

As far people creating better fast food places new franchises are always coming around like quizno's. If someone developed their own fast food place, they don't have to put McDonalds out of business they just have to compete.

[Kelloway]

man, I never got that franchise thing

you pay others to sell their products

doesn't that sound wacky?

a lot of things sound wacky, like clowns and alarm clocks

[TeJohnson]

Granted people CAN create better fast food, the problem isent creating the product its COMPETEING with these businesses. McDonalds is a tycoon, the money they spend on advertisements smothers most mom and pop places and competitors. So sure you COULD attempt it but 40,000 isent gonna get you to far unless you can create an amazing food product. I personally wouldnt try it with your amount of money its a far stretch.

[NeeJam]

I agree with akula, why set up a franchise to do all the grafting and then pay them a % for doing nothing and a fee to use their name,brand and logo. The only advantage of a franchise though is if you are new to the businees world and would like to feel safe with a well-known using a repetable franchisor. Remember as the franchisee you might have to move property or location every 25 years or less.

But you could invest in property paying a down-payment like someone previously said or by a cheap property thats run down and neds alot of work and do it up and make a nice profit

Or you could invest it in the stockmarket.

Personally, i would invest it in one property and not 2 like someone previously said, as you will be new to the property market(probably) and therefore if you was the project manager it would be hard to manage both propertys. If you had any remaining cash i would invest it in well-known blue-chip companies or growing companies that should make a nice profit - but be warned the stockmarket is a risky business and prices could fall or rise at any time.

[NeeJam]

or another thing you could do is invest it in an up and coming business and take a percentage of the business and they wait for it to grow, or get yourself in the business help it grow sell you percentage or keep it and make more money.