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Pbeebee 9th January 2014 10:59 AM

Business Recommendations
 
Hello!

I'd like to start a small business. I prefer to invest under 30,000 to begin with. I was recommended real estate, ATM machines, or delivery route. Does anyone have any good recommendations for me? My goal is to have my business create passive income within a few years, and run with a minimal time investment from me. I do plan to keep my full time job. I work about 40 hours a week. I can cut down my hours if necessary. I will be doing this on my own. Also, is a franchise a good idea? An idea I had was look into some health care franchise. Any info would be greatly appreciated. Thank you!

MWCC TC 14th February 2014 05:51 PM

ATMs are always a great idea if you have the bank roll to purchase the machines AND load them up with cash. I'd say $3,000 in each machine you buy would work at a slow location.

You can have this running passively pretty much as soon as you launch. Just get a few bars or restaurants to let you put your machines in and then check them every week to see if they need to be filled.

Some machines even let you go online to check their balance lol. I'm not sure if they will send you an email alert or not if the balance is low, but that would be pretty amazing if they did :D

Some of the machines are expensive, around $6,000. I think you can rent machines too.

Pbeebee 14th February 2014 08:17 PM

Re
 
Great , thanks! I thought there might be some catch or something I wasn't realizing, but it seems straightforward. Do you own machines yourself?


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