I would still have $25k saved after the $100k. I want a franchise because 93% of all franchises are profitable. Not all are immediate good pay but all I need is minimum $60k a year to start. I’ll slowly build and get more franchises hopefully. And I’m the end I want to sell them all in 30 years for a profit. But a lot of people have said “you’re just buying yourself a permanent bad job”. But most of those came from people who only had $50k to spend on a food franchise. I’m hoping my good savings will allow me to get a better and more reliable franchise that will have a good turnout.

Whenever i think of a unique business idea, 2 mins into researching, i find that its not "unique"
there's already a ton of competition there. same happens when looking for a name for my businesses. this is why me and a lot of my friends are struggling to open new businesses even after having the cash. if you're going through the same thing, what is the reason and what's the alternate route you're taking to invest that money into something fruitful

I am 24 yrs old and I currently work full time in IT and have been for the last year completing college online. I am majoring in cybersecurity right now. I am currently completing the last of the gen ed credits I need to do. However, I have been thinking l do not want to work in the IT/Cyber space forever and I think my interest lies in something more in business. I have interest in either attempting to start my own business, or working for a business doing more “business-y” things (as I’m not 100% how else to put it). I wanted to get advice about switching my degree to a business administration degree or something financial. However I did not know how much of a “throw away” degree a business administration is. Looking for any input from anyone about the degree path and what it might look like and if it’s worth changing my path forward. Thank you.

Not like to be super successful or anything, just to have a job or some form of income. Im autistic so i cant work an average job, but i really love animals. I was thinking of possible dog walking/sitting, but im unsure how to get started. What are the basic steps i should follow? For added info, I am from Scotland. (Just because i know certain rules around this stuff can vary depending on country)

Have a senior employee (over 10 years) got a better opportunity somewhere else and is leaving. Tried everything to get them to stay but can’t compete with corporate company unfortunately. How would do you handle this? I already am interviewing replacements.

As the title says, I'm looking at buying my dads business. Not inheriting it or being gifted it but purchasing it.

Selling price $3.5m, he wants $2.5m upfront and the rest "at a later date". I don't have the money up front so will need to get a loan ~$2.7m to buy the business and have $200k working capital.

Last year the business turned over $1.1m net profit and this year is looking at around $800k with a lot of contracts lined up for this to increase. Previous years saw closer to $250k net profit. Within the purchase price, all debts will be paid off, all superannuation and long service leave for employees and all assets will be owned..

Just want a bit of advice outside of what I'm already getting from accountants etc.