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What type of business can I make with 200,000$?
I currently have 200,000$ saved up in my bank account. I am thinking about investing it in another business to make more income. What business is highly profitable?
9 Answers
- ?Lv 75 months ago
Real Estate. Buy a condo and rent it out.
Landscape company. Everyone needs their lawn cut, yard work and fall clean up and snow removal.
Tutoring business. Kids today are going to need help learning in these times of Covid schooling.
- 6 months ago
A good business idea would be where you rent a kitchen, make homemade soups, hire chefs, deliver the hot soups to people’s doors, yummy
- Anonymous6 months ago
You can start a lot of different business. But it really depends on your skills and knowledge, 200K is a lot for most people so make sure you fully understand what ever you start, and that it's profitable. You could start a bar, but it wouldn't be a good idea in today's Market
- Anonymous6 months ago
In answer to those who insult the poster for putting the $ after the number. This is standard practice in many countries, including most Asian ones. You are just assuming he is in the USA!
- Ron AkiaLv 76 months ago
I owned and operated concessions on fairgrounds with a start-up of much less than that and did very well. Basically, I worked long hours 7 months out of the year and vacationed the other 5 months until I retired.
- SuccessLv 66 months ago
You can buy a Chik fil A Franchise for close to $10,000.
You can move to Thailand and be a travel blogger for 2 years for less than $200,000.
- Anonymous6 months ago
Become a butterfly catcher.
Source(s): The $ sign goes before the number 😉 - DevorealLv 66 months ago
READ! Read the business plans and profit statements from different kinds of businesses and then make a decision. There is a magazine/website called Entrepreneur that will give you a lot more information than here and you can get cheap/basic business plans from Fiverr.
I'd suggest other mags.... but they are VERY political right now.
- Anonymous6 months ago
Maybe you can start a business teaching other morons that the dollar sign goes before the number?