I was on Yahoo!Answers just yesterday and a person stated that he just quit his job and had $50K, what should he do? My first immediate idea was computer and internet franchises. My advice to him was not to take his $50K to start a franchise, but keep it as asset on hand and get a business loan to start a franchise. He needs to find a great franchise business opportunity to partake in and invest his money. I wouldn’t advise to to use all of his assets to invest in a business but to get capital from another source. But, there are so many opportunities out there to make your money grow. If you are in the position where you can invest in something to have more, then consider franchising. You will be amazed at how little money you may need.
- Up Close and Personal
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