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-   -   starting a business with 1 million (https://www.revscene.net/forums/657494-starting-business-1-million.html)

SiRV 11-19-2011 03:51 PM

Quote:

Originally Posted by RRxtar (Post 7688928)
honestly, best bet might be smaller business and hard work.

If I was to start over, I could turn a $50k investment into a $250,000 company in 3 years.

please expand

Redlines_Daily 11-19-2011 04:10 PM

Quote:

Originally Posted by AME_VIP (Post 7688312)
lol

Keep in mind that many franchises require you to have plenty of liquid assets before you will even be considered. Years ago before Krispy Kreme had come to Canada, I talked to an owner who told me you needed to have $20 million in liquid assets to ensure the business would not quickly open and close.

No franchise is going to require $20 million in assets, that's just silly. For someone with that kind of money, there are much more interesting investments than franchise. Krispy Creme requires $1 million in liquid assets and a net worth of $2 million.

Eastwood 03-02-2012 03:58 PM

McDonalds. They're everywhere and for good reason, they are always profitable.

freakshow 03-02-2012 04:26 PM

I would invest in club promotion

Liquid_o2 03-02-2012 04:40 PM

If you know real estate really well... with 1 million you can start your own REIT.

Phil@rise 03-05-2012 10:06 AM

Cold beer and wine store.

Geoc 03-05-2012 10:20 AM

Start a car wrapping company and call it NN DESIGN

spideyv2 03-05-2012 10:24 AM

Start a website about making stupid ass threads

Drow 03-05-2012 11:27 AM

^ LMAO
Posted via RS Mobile

pastarocket 03-05-2012 07:28 PM

If you need someone to help invest your venture capital, you can give me the million to help you with your start up company. :troll:

Over9K 03-05-2012 07:56 PM

Invest it in random stocks

Or

Somehow create a plant that makes car parts....for old cars. Such as discontinued parts that everyone needs to keep OBD1 cars and older running in pristine condition.

And if it's extremely popular, buy out Toyota and then stop making vehicles cause their cars fucking suck these days.

gramser57 03-05-2012 07:59 PM

invest in a 500sq.ft apartment downtown

mqin 03-06-2012 12:46 AM

bet it on the banker.


jokes.

buy as much investment as you allowed to on a yearly basis, for example: RRSP, TSFA, etc... set ur self up for the future. and let your money make MOOORE money for you :) but before that, build a solid foundation for yourself first. Hell you have a million dollars, I'm pretty sure you can come up with a million ways to get something started with that.

dlo 03-06-2012 01:18 AM

Make pornos.....
Posted via RS Mobile

falcon 03-06-2012 04:27 AM

I would open a Curry Wurst joint. My new favorite food.

[jsx] sky 03-06-2012 11:48 AM

Quote:

Originally Posted by OnTheDLo (Post 7820477)
Make pornos.....
Posted via RS Mobile

For that reason, I'm out.


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