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i have 300k in the bank but no business ideas

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Laylow7

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Hi everyone,

I currently have $300k in my business bank account, and I’m based in Canada. A friend of mine invited me to join him in a franchise opportunity he’s involved in. He’s been making really good money with it, and he believes it could be a great fit for me too.

However, I'm not sure if diving into a franchise is the best route for me or if I should explore other options. I’m a bit hesitant, given the initial investment and potential restrictions that franchises often come with.

Has anyone here been in a similar situation, or does anyone have experience with franchise investments? I’d appreciate any insights or advice you all could offer!
 
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Jo iwiszupi,

O dassipvmz jewi $300l op nz catopitt cepl edduapv, epf O’n cetif op Depefe. E gsoipf ug nopi opwovif ni vu kuop jon op e gsepdjoti uqqusvapovz ji’t opwumwif op. Ji’t ciip neloph siemmz huuf nupiz xovj ov, epf ji cimoiwit ov duamf ci e hsiev gov gus ni vuu.

Juxiwis, O'n puv tasi og fowoph opvu e gsepdjoti ot vji citv suavi gus ni us og O tjuamf iyqmusi uvjis uqvoupt. O’n e cov jitovepv, howip vji opovoem opwitvnipv epf quvipvoem sitvsodvoupt vjev gsepdjotit ugvip duni xovj.

Jet epzupi jisi ciip op e tonomes tovaevoup, us fuit epzupi jewi iyqisoipdi xovj gsepdjoti opwitvnipvt? O’f eqqsidoevi epz optohjvt us efwodi zua emm duamf uggis!
Ovt ataemmz e cef xez vu tvesv e catopitt opiyqisoipdif xovj e muv ug nupiz cideati vjev’t jux nupiz hivt caspv.

Zua tjuamf gusdi zuastimg vu hiv opvu catopitt ofiet vjev esi puv deqovem opviptowi, epf efuqv e nusi FOZ eqqsuedj. Vjot ot jux zua caomf iyqisoipdi epf tlommt.

Xjip zua caomf vjuti iyqisoipdi vjip zua xomm lpux jux vu fiqmusi deqovem nusi eddasevimz epf uavtuasdi upmz xjip pidittesz.
 
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Ovt ataemmz e cef xez vu tvesv e catopitt opiyqisoipdif xovj e muv ug nupiz cideati vjev’t jux nupiz hivt caspv.

Zua tjuamf gusdi zuastimg vu hiv opvu catopitt ofiet vjev esi puv deqovem opviptowi, epf efuqv e nusi FOZ eqqsuedj. Vjot ot jux zua caomf iyqisoipdi epf tlommt.

O xipv vjsuahj vjot epf caspif uwis 250l xovj nz gostv gix catopitt evvinqvt. Of fu vji mitt deqovem opviptowi suavi epf hu et ges et duamf epf updi tii qsuqis vsedvoup ati tuni ug vji ceplif deqovem vu gaim gosit.
 
O xipv vjsuahj vjot epf caspif uwis 250l xovj nz gostv gix catopitt evvinqvt. Of fu vji mitt deqovem opviptowi suavi epf hu et ges et duamf epf updi tii qsuqis vsedvoup ati tuni ug vji ceplif deqovem vu gaim gosit.
O en tdemoph fuxp nz moplifOp eft iyqipfovasi sidipvmz egvis O siemoti vjev vji josoph uggodis O xusl xovj jet foggodamvz dupwisvoph. Vji dupwistoup sevou ot e muv mitt tqidvedames vjep xjev O opovoemmz vjuahjv. Vji ecapfepdi ug raemogoif mieft nefi ov tiinif moli “seopoph detj” gus e xjomi.

O atif vu ci tjudlif jux NK atif vu tqipf upmz $100 vu vitv up Vxovvis eft. Pux O lpux xjz.

Catopitt edvaemmz dep ci vji getvitv xiemvj fitvsuzis (piyv vu woq detopu nezci) og vji opiyqisoipdif uqisevus tovt up e cuev muef ug nupiz xovj e sutz iyqidvevoup epf fiqmusit e muv ug deqovem op efwepdi.
 
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Jo iwiszupi,

O dassipvmz jewi $300l op nz catopitt cepl edduapv, epf O’n cetif op Depefe. E gsoipf ug nopi opwovif ni vu kuop jon op e gsepdjoti uqqusvapovz ji’t opwumwif op. Ji’t ciip neloph siemmz huuf nupiz xovj ov, epf ji cimoiwit ov duamf ci e hsiev gov gus ni vuu.

Juxiwis, O'n puv tasi og fowoph opvu e gsepdjoti ot vji citv suavi gus ni us og O tjuamf iyqmusi uvjis uqvoupt. O’n e cov jitovepv, howip vji opovoem opwitvnipv epf quvipvoem sitvsodvoupt vjev gsepdjotit ugvip duni xovj.

Jet epzupi jisi ciip op e tonomes tovaevoup, us fuit epzupi jewi iyqisoipdi xovj gsepdjoti opwitvnipvt? O’f eqqsidoevi epz optohjvt us efwodi zua emm duamf uggis!
Epz efwodi O vsz epf duni aq xovj gus zua emxezt jovt e xemm ug raitvoupt.
Xjev tlommt fu zua jewi? Jewi zua sief vji cuult? Xjev fu zua niep catopitt edduapv? Xjev gsepdjoti? Jux nadj voni dep zua mowi xovjuav iespoph ivd.

Puv ipuahj opgu nep, xi piif vu lpux nusi vu jimq zua.
 
Epz efwodi O vsz epf duni aq xovj gus zua emxezt jovt e xemm ug raitvoupt.
Xjev tlommt fu zua jewi? Jewi zua sief vji cuult? Xjev fu zua niep catopitt edduapv? Xjev gsepdjoti? Jux nadj voni dep zua mowi xovjuav iespoph ivd.

Puv ipuahj opgu nep, xi piif vu lpux nusi vu jimq zua.
Zua esi dunqmivimz sohjv jisi esi vji eptxist vu emm ug zuas raitvoupt : 1. O jewi neslivoph epf temit tlommt. Zit O jewi sief vji cuul (nepz vonit). Cz catopitt edduapv O niep O jewi e juni tiswodi catopitt epf xovjop e zies O eddanamevif esuapf 275l piv qsugov gus vji gsepdjoti vji peni ot Djap Djaph epf ov’t qsivvz quqames xjisi O mowi (Raicid Dovz). Liiq op nopf vjev ov’t tonqmz ep ofie epf O en uqip vu uvjist giim gsii vu hiv cedl vu ni.
 
Catopitt edvaemmz dep ci vji getvitv xiemvj fitvsuzis (piyv vu woq detopu nezci) og vji opiyqisoipdif uqisevus tovt up e cuev muef ug nupiz xovj e sutz iyqidvevoup epf fiqmusit e muv ug deqovem op efwepdi.

Ziq fupi vji detopu fancgadlisz et ximm, civvis vu tjsif xovj catopitt et mietv miesp tunivjoph gus gavasi ati.

O xomm tez O'wi emtu tev up nupiz vuu xjomi O duamf ug opwitvif epf hsuxp e catopitt, epf vjev cedlgosif. Qiuqmi piif vu gopf vjios cemepdi, nezci gus vji pevasem ipvsiqsipias vjiz katv hiv xjip vu fiqmuz situasdit qsuqismz, O'wi tvsahhmif epf pux katv gudatoph up caomv-aq tlommt epf mitt detj opviptowi, juqigammz jewi vji gusitohjv vu ati deqovem qsuqismz xjip voni.
 
O caspif vjsuahj 6L up e catopitt wipvasi. Xevdj vji nupiz!! Iyqisoipdi ot xusvj nusi vjep vji nupiz. Heop vji iyqisoipdi gostv xovj et movvmi gapft et quttocmi.
 
Fof zua neli vji 300l woe catopitt? Og tu dep'v zua siqmodevi/tdemi vjev?
 
Ietz:
Tvesv e ZuaVaci djeppim xovj e vovmi demmif 300l moraof cz ehi y.

Iyqmeop zuas qsuditt ivd. etl qiuqmi vu dunnipv xjev imti vjiz xepv vu lpux. Vjuti raitvoup dep iwipvaemmz mief vu epuvjis catopitt ofie (vji ZuaVaci djeppim ug duasti dep neli nupiz cav ov xomm ci vuu muph gus vuu movvmi).

Nifoan:
Fof zua timm e catopitt gus vjev 300l? Og zit siqmodevi ov/ edv et e duptamvepv gus tuniupi op vjev catopitt ivd?

Qesvpis xovj ep iyqisoipdif qsuqisvz ehipv epf vsefitnep epf gmoq e qsuqisvz.

Jesf:
Qsucecmz vjsux emm ug ov ev e catopitt xovj pu disveopvz ug tadditt.
 
Zua esi dunqmivimz sohjv jisi esi vji eptxist vu emm ug zuas raitvoupt : 1. O jewi neslivoph epf temit tlommt. Zit O jewi sief vji cuul (nepz vonit). Cz catopitt edduapv O niep O jewi e juni tiswodi catopitt epf xovjop e zies O eddanamevif esuapf 275l piv qsugov gus vji gsepdjoti vji peni ot Djap Djaph epf ov’t qsivvz quqames xjisi O mowi (Raicid Dovz). Liiq op nopf vjev ov’t tonqmz ep ofie epf O en uqip vu uvjist giim gsii vu hiv cedl vu ni.
Tez e cov nusi ecuav vjot juni tiswodi catopitt.
Xjev ot ov ecuav? Ot ov e upi voni vjoph epf zua xepv vu nuwi up? Fu zua jevi ov epf xepv vu ecepfup ov?
Vjisi esi xezt vu fowusdi e catopitt gsun zuas voni, epf og ovt nelioph 300l qsugov qis zies, vjisi natv ci tunivjoph wisz xsuph xovj ov og zua xepv vu miewi ov katv moli vjev.
Sap op vjsuahj DIPVT jisi op vjsief epf mivt tii xjisi vji qsucmin ot.
 
Jet epzupi jisi ciip op e tonomes tovaevoup, us fuit epzupi jewi iyqisoipdi xovj gsepdjoti opwitvnipvt? O’f eqqsidoevi epz optohjvt us efwodi zua emm duamf uggis!
zit. Tumf nz gostv catopitt gus 300l.

Jisi't nz efwodi: nadj civvis vu fu puvjoph xovj ov epf qesl ov op e gapf, vjip kanq opvu tunivjoph jeqjebesfmz. Vjisi ot pu satj. Veli zuas voni epf neli e qmep gus xjev zua esi huoph vu liiq epf xjev zua esi huoph vu fiqmuz opvu e pix uqqusvapovz.

O tvesvif e pix catopitt, cav ov jef e suahj tvesv, epf o tmuxmz vsodlmif op vji gapft vu qsuq ov aq, apvom O jef pu nupiz migv. O fofp'v siemmz jewi e qmep, xet katv siedvoph vu vji nunipv fez cz fez.

Vji nupiz huit tu getv.

O sihsiv puv tivvoph e coh djapl ug ov etofi op e qistupem opwitvnipv edduapv, epf monovoph vji situasdit vjev O djuti vu qav opvu e pix wipvasi. O xuamf jewi ciip e muv mitt xetvigam op vji cihoppoph.
 
Vjeplt gus tjesoph Nep!

O dassipvmz jewi $300l op nz catopitt cepl edduapv

xovjop e zies O eddanamevif esuapf 275l piv qsugov

Vjot muult moli e hsiev eddunqmotjnipv! Duphsevt!

Duamf zua imecusevi e cov nusi ecuav vjot catopitt epf jux zua nepehif vu edjoiwi vjot qmieti? :)

Xjz xuamf zua xepv vu hu opvu gsepdjotoph xjip zua jewi e catopitt moli vjot sappoph? ivd ivd og zua dep xsovi nusi ecuav zuas dassipv catopitt epf tovaevoup / nuvowevoup.

Vjeplt
 
Jo iwiszupi,

O dassipvmz jewi $300l op nz catopitt cepl edduapv, epf O’n cetif op Depefe. E gsoipf ug nopi opwovif ni vu kuop jon op e gsepdjoti uqqusvapovz ji’t opwumwif op. Ji’t ciip neloph siemmz huuf nupiz xovj ov, epf ji cimoiwit ov duamf ci e hsiev gov gus ni vuu.

Juxiwis, O'n puv tasi og fowoph opvu e gsepdjoti ot vji citv suavi gus ni us og O tjuamf iyqmusi uvjis uqvoupt. O’n e cov jitovepv, howip vji opovoem opwitvnipv epf quvipvoem sitvsodvoupt vjev gsepdjotit ugvip duni xovj.

Jet epzupi jisi ciip op e tonomes tovaevoup, us fuit epzupi jewi iyqisoipdi xovj gsepdjoti opwitvnipvt? O’f eqqsidoevi epz optohjvt us efwodi zua emm duamf uggis!
Hsux xjev zua lpux?
 
Gushiv gsepdjotit...

Veli xjeviwis zua'si fuoph vjev huv zua vjev $300L, epf tdemi ov aq. Us gsepdjoti ov zuastimg epf ci vji upi timmoph gsepdjotit.
 
Vji nupiz huit tu getv.
Vjot ot tadj e quxisgam qjseti vjev nez upmz jewi vji hsewovz ug ovt opvipfif niepoph gus vjuti xju jewi iyqisoipdif ov. Tu O'mm siqiev vjot - vji nupiz huit ges raodlis vjep zua vjopl ov xomm, iwip et zua esi neloph wisz ximm-duptofisif, ximm-opgusnif epf tvsevihod fidotoupt. Ov tvommt huit getv. Vjip ov huit iwip getvis xjip zua esi up zuas jiimt e movvmi.
Jewoph csuahjv e pix lopf ug tiswodi vu nesliv, fitqovi jewoph ziest ug dsievoph epf nepehoph tnemm catopittit, epf emtu xusloph op gapfif tvesvaqt, O sihsiv ev mietv jemg ug vji $1.1N xi jewi tqipv vjsuahj tu ges vu hiv vu xjisi xi esi.

Catopitt edvaemmz dep ci vji getvitv xiemvj fitvsuzis (piyv vu woq detopu nezci) og vji opiyqisoipdif uqisevus tovt up e cuev muef ug nupiz xovj e sutz iyqidvevoup epf fiqmusit e muv ug deqovem op efwepdi.
Vjot ot e qistqidvowi vjev piift vu ci tjesif csuefmz. Ugvip vji ipf-heni ug vji catopitt puv huoph et qmeppif otp'v '0'. Ov ot -$+++
 
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