7 Responses to “If you had 40,000 cash, to start a small business?”

1. JAY says:

   June 9, 2012 at 12:49 am

   Own business defiantly but do your research first don’t rush things
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2. WackySmacky says:

   June 9, 2012 at 1:22 am

   Own Buisness.

   ..Yeah. That’s what I’d Do (:
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3. Laughing Out Loud says:

   June 9, 2012 at 1:48 am

   own business, importing and exporting that kind of thing
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4. LAUREN K says:

   June 9, 2012 at 2:14 am

   own green grocer bussines there is always a market out there for fruit and veg
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5. robert43041 says:

   June 9, 2012 at 2:42 am

   You own business, started in your garage or study room. And before going wild because I have this 40K, I’d invest it first, keep my job for a while and try to get a clear idea of what I want to do, get a business plan (maybe take one of those short courses about business budgeting and all that’s involved) and proceed cautiously. It might be easier to start with this part-time, because a bank will be ready to lend you "start-up" money if you have a steady income. They will not lend you money just because you have that 40K – which you can withdraw anytime anywyay.
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6. bambam says:

   June 9, 2012 at 2:59 am

   I would set up my own business, you don’t need anywhere near 40K to do that though. 5k would give you a good start.
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7. BizManRob says:

   June 9, 2012 at 3:46 am

   I would start a home based business. Look 40k isn’t really that much so you do not want to use up all that startup capital on overhead, retail space, inventory etc…

   Nothing wrong with a conventional business if you are adequately capitalized. Listen, you will make some mistakes along the way so you will need some room to mess up.

   Why a turnkey home/internet type of business?
   -low overhead
   -low startup
   -large income potential
   -turnkey product delivery
   -usually no employee needed at the start
   -quick startup
   -room to make mistakes

   Start a turnkey home based / internet business make money and then later move into conventional types of business models with more knowledge and capital, if you want. I know many who make multiple 6 and 7 figures from a home based business or internet business.

   So, your next step would be finding these businesses and doing your research.

   To get you started and give you a reference point, below are links to a couple of resources. Use them as a reference points in your search.

   Good luck..

   References :
   1- http://www.bestfindsonline.info/income.htm
   2- http://www.searchbeetle.com/tissa.htm
   3- http://www.iamtrulyfree.com