gary77

iTrader: (1)

id like to hear you guys thoughts on starting a business with around £50,000.

im thinking importing jap cars, an online shop selling impreza parts and expand it to cover other cars , or property development with the help from a bank

Martin2005

I have a plan for a unique venue combining a Curry House and a Lap Dancing Bar - my working title is '*** & Madrass'

gary77

iTrader: (1)

madrass and *** isnt a great combination mate, but best of luck anyway

ditchmyster

iTrader: (7)

Then use a significant part of the £50k visiting such establishments whilst under the influence of drink and drugs so as to be able to properly see things from the consumers perspective, all for the purpose of research of course.

^Qwerty^

I'd put it towards buying a house and then become landlord scum.

Martin2005

I'm way ahead of you

neil-h

It's got to be BTL hasn't it really?

Reef

iTrader: (2)

some kind of self storage. People never have enough room these days.

gary77

iTrader: (1)

the self storage thing is possably a good idea , i wonder how much it would cost to get that up and running , i like it because very little work to do after its all set up

ive used them before and they arent that cheap and when you consider the amount of storage rooms inside it adds upto a good amount of cash every week/month

i'm sure it was around £130 a month for a cage smaller than a single bedroom ,so 40 cages needed to bring in £5000 a month . hmmm

taylor85

iTrader: (5)

build a fishing lake!

Guys turn up, pay to sit around some water, feed your fish for you, catch them put them back!

put a burger van selling tea and coffee,

Job done!

f1_fan

iTrader: (9)

One outside of the UK as the overt legislation and taxation will probably cause it to fail here!

gary77

iTrader: (1)

allways the optimist f1 fan , but you are probably right ,

are you refering to the self storage idea or just any new business, i could look into having the head office in the isle of man , is that the right place for it

SJ_Skyline

I have a business venture proposal combining convertible car trackdays with strippers. It's called "Topless in a topless"

markjmd

iTrader: (11)

Forget BTL (property), the latest thing now is buy-to-lease (cars), apparently. And yes, I know the initials are the same

gary77

iTrader: (1)

this has got me thinking , i like how its going.

maybe golf and prostitutes , not sure on a name yet , or

ditchmyster

iTrader: (7)

How about "Hole in one"

dpb

Loansharking , of course

Reef

iTrader: (2)

The 21 Hole.

An0n0m0us

A round of birdies

Martin2005

Another name could 'Punani or Biryani'

bioforger

iTrader: (1)

**** site obviously "looking for models" ergo casting couch required

gary77

iTrader: (1)

And who cares if that business fails right ,

dpb

You could do lot worse than opening / buying a care agency

Absolutely no responsibility , just take cut each week and endless list of clients

gary77

iTrader: (1)

A recruitment agency seems worth considering , I'm a joiner I've worked for a few in the past ,although it has changed since then , the agency has to take them on the books now paye

dpb

Agency girlfriend works for doesn't do this

Everybody is self emp . They are literally an introduction agency

BBB3

iTrader: (7)

Good money in that

jaygsi

iTrader: (46)

How about a hiring out car lifts, something like http://u-spanner.co.uk/

You could have a building with about 4 ramps in and rent them out by the hour.

donny andi

iTrader: (3)

Keep the 50 in the bank and keep working....
50k will not get you a good return on much unless you want to start wrapping little bags of powder up.

tarmac terror

iTrader: (2)

Buy a cheap 2 bedroom property in a small hamlet in Europe (thinking France) and rent it out. Every one of these, no matter how ropey they look seems to be fully occupied during July & August. Many are 'lock up and leave' arrangements, where someone local will drop by to clean the place and do the laundry, on their approval the breakages deposit gets refunded.

Could turn over about £600 - £800 a week in high season.

lordharding

iTrader: (1)

Only Buisness for that sort if capital is a coffee shop
20 k to fit it out
Sales can be 5-10 k per week
GP up to 70%
Can run it with just a few staff
2p tea bag retail £1.80
Cup cakes at quid or two retail at a fiver

I'm a furniture retailer but takes a lot of space and hidden costs like waste and staff turnover of your a bad boss but margins ok but you need to be experienced in that sort of field
So coffee shop is the one to go for