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You have just received $250,000 to start your own business. What type of business would you start, and how would you allocate the $250,000 in your start-up?

User AndyBean
by
7.7k points

2 Answers

9 votes

Answer:

Having $250,000, I would start a food business/restaurant.

Step-by-step explanation:

User TechRemarker
by
7.1k points
10 votes

Answer:

Having $250,000 I can start to have my own grocery.

Step-by-step explanation:

To allocate it, I will itemize the cost of the marketplace where it is located, my manpowers' salary, estimated utility, and other expenses. approximately about $120,000

second, I will Identify the suppliers and their products to sell and have at least $100,000 initial badget to fill the store

the extra $30,000 would be for the emergency fund.

thank you

User UncaAlby
by
7.6k points
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