Go back
If you had £100,000...

If you had £100,000...

General

Vote Up
Vote Down

Originally posted by Gatecrasher
First things first. Your dad should take a few of those pounds and splash out on an RHP subscription for his son.
DAMN RIGHT! The tight bastard doesn't even by tea. :'(

Vote Up
Vote Down

Originally posted by Marinkatomb
We're aware of the tax issues. Currently the company undertakes refurbishment, but it's a bitch of a job and we're both sick of it. This money was mean't to have been paid two years ago but the bastards saw fit to try and screw us for payment (which has happened consistently for over 20 years now, hence why my old man has had enough of this dogs life!) T ...[text shortened]... t have to do what we're doing (cos it sucks ass!)

Ideas, someone must have an idea??
Are you seriously looking for ideas, mate?

Vote Up
Vote Down

Originally posted by Seitse
Are you seriously looking for ideas, mate?
Yes, deadly serious!

Vote Up
Vote Down

Originally posted by Marinkatomb
...to set up a new business, what would you do? This isn't actually a hypethetical question, my Dads business is in line to clear £100,000 on a job and we're looking for ideas...🙂
Stick with what you know, if your dads buisness can make 100,000, then you should make that buisness your investment.

Personally i would love to open a tea shop, but it is a pipe dream only, nothing more (or maybe a pot dream 😛 )

Vote Up
Vote Down

Originally posted by Gatecrasher
First things first. Your dad should take a few of those pounds and splash out on an RHP subscription for his son.
And a flight ticket.

Vote Up
Vote Down

Originally posted by Seitse
Or better yet, create Red Hot Bishop http://www.rhb.com

🙂
Oi! That's reserved for me. 😠

Vote Up
Vote Down

Well I'm 30 years old, 5K in debt and haven't a pie to piss in. Do you seriously want my advice? 😛
I will willingly give it to you if you want. 🙂

Vote Up
Vote Down

Originally posted by jimslyp69
Well I'm 30 years old, 5K in debt and haven't a pie to piss in. Do you seriously want my advice? 😛
I will willingly give it to you if you want. 🙂
If you want my advice, i'd think about eatin the pies rather than pissing in them if you are 5 grand in debt 😛


"Haven't a pot to piss in" is the correct term i think .

Vote Up
Vote Down

Originally posted by Marinkatomb
...to set up a new business, what would you do? This isn't actually a hypethetical question, my Dads business is in line to clear £100,000 on a job and we're looking for ideas...🙂
Well, I suppose it depends on wether you want a decent return on your investment. If you do, I'd suggest an English language school in Japan.
Cash cows.

Vote Up
Vote Down

Originally posted by Marinkatomb
This money was mean't to have been paid two years ago but the bastards saw fit to try and screw us for payment (which has happened consistently for over 20 years now, hence why my old man has had enough of this dogs life!)
That is the bane of ALL small business owners regardless of the sector you are in. A new venture won't change that. People hate to actually pay. The more you work with BIG business or Government, the more it happens. At least the Government always pays, but it may take half your life to get it.

My only suggestions are to not rush into any new venture. Make sure to research the viability in-depth. Concentrate on what you know, or *could* learn. If you can find a profitable niche you will be golden. I stumbled upon my current niche, found out there was NO competition to be had and now have a year's backlog of contracted work.

Vote Up
Vote Down

Buy land.

"God's not making any more of it"
Tony Soprano.

Vote Up
Vote Down

Originally posted by Marinkatomb
...to set up a new business, what would you do? This isn't actually a hypethetical question, my Dads business is in line to clear £100,000 on a job and we're looking for ideas...🙂
Firstly, Do something you enjoy. If it goes wrong you'l have fun losing it.

Commit time and effort as well as money, therefore do not subscribe to rhp.

Procrastinaian is the theif of profit.

Vote Up
Vote Down

Originally posted by Marinkatomb
...to set up a new business, what would you do? This isn't actually a hypethetical question, my Dads business is in line to clear £100,000 on a job and we're looking for ideas...🙂
whats his business?

1 edit
Vote Up
Vote Down

Buy a plane, not too large, maybe twin prop.
Provide local charters to rich business people who need a quick ski trip or hunting weekend. $150 an hour, that includes gas.

Send the cash, I'll set it up!

😉

Edit: A Piper Seneca would do nicely.