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Theoretically, let's say I have $ to spend on buying a business. Let's put the number at $100k - $500k.
What businesses would you purchase, that would allow you to make a decent return every month?
Think of things like Laundromats, Convenience stores, Corner stores, idk what else.
If you had the capital, would you ever buy a business?
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>>1642111
I have an online apparel business that has a strong following on social media you can buy.
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>>1642134
How much you want?
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>>1642138
$10k
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>>1642111
I've done it, twice.
The only business you should be in is the one you know well.
Of course like everything else it's a matter of scale. In theory you could make an acquisition and leave management in place, but that's not very realistic below $1M.(at least in a HCOl area)
Most small businesses rely on the owner or a key person(s). That could easily become a nightmare if you don't know what you're doing.
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>>1642184
You want to be in top half of pic related.
Returns could be great. But be careful to understand the difference between net profit and cash flow. The business you end up owning you.
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