If you had $80,000 to start a business.....

[BKgen®]

i would either:
1. start my own custom paint/airbrush shop.
or 2. start an animation studio.

[Twinturbo6]

Buy a couple of town cars, hire a couple of friends as drivers, and get some chicks of craigslist, and start an escort service...

[Ruststang]

I would go with a dui school... Drunk drivers are forced by court

[redmond420]

i work at a headshop out in athens and we make REAL good money. We pull around eight grand a day and on a good day over ten! Plus all products are at least a sixty percent markup. plus if you sell porn there to you will make more, think about it no matter what state the economy is in people need porn and pipes.

[redmond420]

celebrities will pay good money for foreign babies, you get on a plane pay off some people, and then go to hollywood and make cash.

[bafbrian]

I'd open up an auto parts store. Definitely would make money it this business.

Since I already work for O'Reilly's Auto Parts, this who I would open one with. Better parts, better service, and overall better store in my opinion.

[keevo54]

i work at a headshop out in athens and we make REAL good money. We pull around eight grand a day and on a good day over ten! Plus all products are at least a sixty percent markup. plus if you sell porn there to you will make more, think about it no matter what state the economy is in people need porn and pipes.

No offense but I really doubt you are pulling 8 grand a day. THere is definately money in there but not that much.
Porn you can make a lot of money but have to have a lot of money for startup and it is hard to get a lisence

[XanRules]

My friends and I are starting a venue in an abandoned gas station. Anyone want pics, or does nobody care that much, haha

[Five*Star*]

this storage thing sounds intriguing.

i myself have the money, i can get more if needed.

i was also thinking about emissions place

Emissions place... BINGO... so easy to run and always have business no matter what the weather is or the season.

[soul]

alot of emissions car stands = $$$$$$$$$$$$

[Hundo®]

web developement/graphic design/3d/ basically a digital media company.. at first you just have to find employees.. make a bomb ass website and you're good to go.. from anywhere between 1k-20k you can get a REAL bomb ass website from www.motiongraphiks.com ( my friends, they're awesome with flash ) once you've done that it's a matter of putting yourself on some nice banners on some popular sites. You'll make your 80k back in a month if you hire the right people and advertise properly :]

[IndianStig]

do your research on some world markets, invest in currency as it fluctuates. good quick returns if you know how to read.

[babowc]

cellphone stores make decent amount of money.
not a whole lot of overhead.

just the inventory.

all depends on where you locate the business and what franchise you can get, though.


Metro PCS is one of the best profiting cellular phone business.. locate that somewhere in a low-income to mid-income area and you will have plenty of business.

not to mention the accessory profit.
holsters cost around $0.25 anywhere to $5, most METRO PCS stores sell them for around $10. Other stores charge upwards of $35.

thats anywhere from 400% profit to 30% profit. (if i did the math right..lol)

[1jdmsx]

3 years ago a friend of mine decided to open a pressure washing biz.. now he makes a tad bit over 6 figures a year with only 2 trucks. only employees he has is him and a friend and they have their friends help when they need help and pay cash.

Last year i opened a Flooring biz doing tile, carpet, and hardwood and also repair jobs and wall tile jobs also. right now i do about 125k a year after investments, payroll, taxes and equipment. I have 4 crews of 2 men and they do very well for themselves.

To start off 80 k would be more than enough plus you dont have to do the labor work just sit around and be lazy.. i work jobs also so i dont gain nemore weight. the most you will be spending is on the vans... tools can come up to be around 5k for everything you need on a single crew.

[ruffriderGA]

my dad has been driving a taxi on the weekends (03' crown vic) and making a killing, now he's closing down his used car lot and starting a taxi company because of how much money there is, he's only driving from the airport to downtown, airport to marrietta, ect. not picking up crackheads on south cobb or anything


it's definately something to look in to

[KAKid240]

Any business that is required by the govt, such as emissions, inspections of things, and ect. That is sure money since you have to do it and you have to hire someone, why not me.

[BABY J]

Car wash is a great idea. But I would add in oil changes, rust-proofing, glass replacement to make it a year-round operation.

- the guy who owns Rent-A-Wheel/Rent-Rims -- I won't say how loaded he is, but one of my exes worked at a Credit Card processing center and she told me how much business they average in a month - OH MY GOD! Not only that, the contracts are written where he has repossession authority, so he inadvertanty got into the the used car biz. CRAZY loot. W/ that said, renting (rent to own) high(er) dollar performance parts (if it could be done). Most tards will pay $1500 for some $1000 wheels if they could make payments.

[Crazy Asian]

dude sit on land. Buy whatever you can with 80,000 grand and sit on it. A small part of our small division was owned by these old folk and they bought the land back then for 5,000 mind this was back then so not sure how much. Subdivision paycheck...7 million dollars. Fuck. Sit on land. That's all I can just sit on it. Walmart down near Gwinnett. I think it was korean dude or someone but the realtor lady sold that land to some guy for like 5 million and now the lands gone up to 25 million. Not sure but thats what she told me. JUST SIT ON LAND KEEP AND just watch. Atl is almost like LA getting there. So my family are gonna buy 10 acres of land and just sit on that. We actually have a piece of property that were interested. Trust me that's the most best 80.000 youll ever spend.

[BABY J]

That's a risk though. He'd be competeing w/ corporate investment firms, and 80k will not stand up to their buying potential.

[tony]

Car wash is a great idea. But I would add in oil changes, rust-proofing, glass replacement to make it a year-round operation.

- the guy who owns Rent-A-Wheel/Rent-Rims -- I won't say how loaded he is, but one of my exes worked at a Credit Card processing center and she told me how much business they average in a month - OH MY GOD! Not only that, the contracts are written where he has repossession authority, so he inadvertanty got into the the used car biz. CRAZY loot. W/ that said, renting (rent to own) high(er) dollar performance parts (if it could be done). Most tards will pay $1500 for some $1000 wheels if they could make payments.

I totally agree here.

I've learned a lot about business this past year and for a successful business.. I wouldn't even use a 1/5th of the $80k.

[NewGen33]

So how would you get the 80k? Through a loan agency or over time saving.

[Seymour222]

SBA.

[NewGen33]

SBA.

whats that?

[BABY J]

www.sba.gov

[redrumracer]

id say invest it and get a part time job or something

[efman]

lumpkin countys first liquor store, with ngc&su here full of cadets it'll make a killing, now i just gotta wait till its legal, second importing jdm tytness

[cpa ric]

Franchises require start-up money and they usually require minimum net worth as well. That's the kicker. Food businesses are notorious for having razor thin margins and they usually don't make money for awhile. Most franchisees own several to make the real money. I know someone that owns a restaurant that has been losing money for several years. He just keeps funding it for some reason. If I were going to plop down 80k, I would open a dollar store. People buy the heck out of the crap. Shrinkage can be a problem, however.

CPA RIC

[Killer]

i don't know the cost for the tools i would need at all.... so if 80k would cover it...

a self serve garage... a couple bays... enough tools to cover each bay.. and rent out time and tools... maybe sell parts as well, oil, things of that nature... some one loses a tool they pay for it... if they break it, they pay half what it cost me to buy it... (since i would get tools with warranties.) charge extra if they go over the time they requested... provide shop manuals, maybe some assistance.... from my personal experience... i know that if i had a garage with lifts or proper jacks.. i could do a lot of the work on my own car... but since i'm in an apt complex.. i don't have a garage that i can work out of..... nor do i have the tools...

i think a lot of others are in my boat....

once the business grew i could provide a tow service as well...
you wouldn't need to hire too many people.... the building itself would be cheap... heating and air would be shop fans.. and maybe space heaters... what do ya'll think about that one?

[BABY J]

Great idea - xtra building for long-term storage (projects) so they can push to the bays and push back - charge xtra for storage/security too.

[Killer]

Great idea - xtra building for long-term storage (projects) so they can push to the bays and push back - charge xtra for storage/security too.

yeah... i mean i seriously think that idea has great potential...
it would have to be in a well populated area though.. no burbs... you'd need a good easy location... and great advertising... because i think the first year or two would be a bit of a flop until word started getting out... i just wish i could find someone to fund this thing... as i'm only 21 and do not have the credit for such a thing....

insurance would prolly be a bitch because if some one hurt themselves they would prolly try to sue..... but i plan on having agreements and such to keep things like that from happening.. and you have to sign all of the tools in and out.

it could even be a 24 hour thing for those that work late, yet need somewhere to hit up and work on their car at night....


baby j, you want to fund this for me! lol...





i really have put so much thought into this idea over the last year or so..... i just wish i knew more of the business aspect... and could actually get it rolling...

[BABY J]

Sure - I will send you $1 via paypal.

[Killer]

yes! [email protected]!

get it to me asap!

[{X}Echo419]

What would it be? You have to use all the money to start a profitable business, this must cover equipment, renting a storefront, inventory if needed, etc.

Nail Salon hands down. a. the all make $$$ almost no matter where and I'd be surrounded by hott viet chicks all day

[cpa ric]

The nail salon idea is the best one yet. I visited a nail salon a few times for a no-polish manicure. The girl giving the manicure was hot like fire.

[BABY J]

LOL

[sirkus]

Start an air conditioner repair company. You can take a 2 yr course, do a couple jobs, buy a big ass van and hire a crew to do all of your work for you. 100bucks min per visit and you'll have around 6-7 visits a day.
Something that is always needed is the best option. But then again...
If you could get your hands on some nice property. The storage idea has been the easiest money maker I've seen yet.

[Curmudgeon]

Anything that's NOT economy driven. IE: any type of construction/home improvement, landscaping, food service, speed/tuner shop ect., you get the idea.

MUST be a low overhead operation for at least the first three years. Minimum payroll, employee and equipment/base of operations numbers are key. Baby steps.

Think brokering..... service or goods.

In a sevice type business, contractors pay you for leads(this can be ANY service). This is a win/win as the cost to the contractor is a mere fraction of what they will pay in ad/marketing, and you get paid for the leads only. Let the hired contractor eat the overhead/payroll/worker comp./taxes/bonding/ins. etc.).

No guarantee of invoices generated. What they do with the lead is their bad. You get paid regardless at $75 a pop.

This may not sound like a huge amount of money, but.... providing three contractor references to say only three homeowners or businesses for example at the stated $75/pop is a comfy $675.00 per day gig. If you hustled, you could see a $3375(or better)gross income per week. Not too shabby for hanging out in your comfy home based office selling your service to contractors, bussineses, homeowners.

In this city, there are a wealth of contractors fighting it out for the work. They just need the leads.

Your biggest expense will be marketing/networking to the existing quality contractors, which really is just a matter of makeing available your services to the target contractors. Cold calls(to the right individual), and mailers do work.

A postage machine is your friend.

This technique can be used with just about anything you can think of that is in demand. You'd be shocked at how many businesses will graciously pay you for prospective leads, and as already said, this can be used with either service or goods.

Crazy Asian mentioned land. This is also a no lose option IF you've got the time/resources to go the long haul.

Sorry for the long winded rant. Just some food for thought. I'm a firm believer in small business/entrepreneurship.

Good luck!

[tony]

yeah... i mean i seriously think that idea has great potential...
it would have to be in a well populated area though.. no burbs... you'd need a good easy location... and great advertising... because i think the first year or two would be a bit of a flop until word started getting out... i just wish i could find someone to fund this thing... as i'm only 21 and do not have the credit for such a thing....

insurance would prolly be a bitch because if some one hurt themselves they would prolly try to sue..... but i plan on having agreements and such to keep things like that from happening.. and you have to sign all of the tools in and out.

it could even be a 24 hour thing for those that work late, yet need somewhere to hit up and work on their car at night....


baby j, you want to fund this for me! lol...





i really have put so much thought into this idea over the last year or so..... i just wish i knew more of the business aspect... and could actually get it rolling...

I momentarily pursued this idea, I only found one business in the country that functions like this and its called Gearhead Garage in Arizona. In a nutshell due to insurance regulations in Georgia your customers would have to be considered employees while working on their car.. its a liability nightmare. Someone can do it but it will require deep DEEP pockets and be ready to not make a decent profit for the first few years, the money would be made in franchising the business should it work.

Otherwise the government takes the hit on the idea with the "Hobby Shop" that is where I originally got the idea since my dad always took me there when he would work on his car.

[Killer]

I momentarily pursued this idea, I only found one business in the country that functions like this and its called Gearhead Garage in Arizona. In a nutshell due to insurance regulations in Georgia your customers would have to be considered employees while working on their car.. its a liability nightmare. Someone can do it but it will require deep DEEP pockets and be ready to not make a decent profit for the first few years, the money would be made in franchising the business should it work.

Otherwise the government takes the hit on the idea with the "Hobby Shop" that is where I originally got the idea since my dad always took me there when he would work on his car.

yeah, franchise would be the way to go.. i knew that already...

[BABY J]

Buy 79,998 lottery tickets and an energy drink.