Business Opportunities Seattle WA
Invest in a Business or Franchise
|Table of Contents|
|2007's Top 10 Investments Under $25,000|
|1.||Invest in a single family or multi-family property|
|2.||Invest in gold and silver|
|3.||Invest in foreclosure properties|
|4.||Invest in mobile homes|
|5.||Invest in fractional ownership of timber|
|6.||Invest in loans|
|7.||Invest with partners on larger projects|
|8.||Invest in Japanese yen|
|9.||Invest in a business or franchise|
|10.||Invest in vacant land (domestic or foreign)|
#9 Investment Under $25,000 for 2007
There are three ways to start a business: start it from scratch, purchase an existing business or invest in a franchise . Risks are high in starting a business from scratch, but startup costs can be lower, and business possibilities—and potential rewards—are limited only by the investor's imagination.
Franchises and existing businesses offer a low investment way to get started. A down payment of $25,000 on an SBA loan will typically allow an investor to qualify for a loan of $100,000 to $125,000.
The lowest-cost franchises will probably be home-based or Internet franchises that don't require costly commercial space build outs, extensive inventory and high initial franchise license fees. Success rates in franchising are higher than those for businesses started from scratch, but they also generally offer a smaller upside potential.
Investors researching franchise opportunities should be aware of the distinction between franchise opportunities and "business opportunities" that are often listed on the same franchise search sites but which are not technically franchises. Such "business opportunities" can include things such as vending machine investments. Overall, business opportunities tend to be much riskier than actual franchise opportunities.
Where to find investments:
Franchise search websites or consultant companies can provide information about price ranges of various franchises. Some helpful search sites include franchisegator.com, franchise.com and franchiseforsale.com. Consultant companies include Murphy Business and Financial Corporation, The Entrepreneur's Source, FranChoice and more. BizBuySell and BizQuest are great resources for finding existing businesses, including franchise resales. (Also see NuWire's list of Top 15 Franchise Investments for 2007 .)
Investment Opportunities in Panama
Panama has a variety of investment opportunities, including a burgeoning condo market in Panama City, miles of untouched beaches on the Caribbean coast and everything in between. While some markets are poised to become overbuilt, others are still full of long-term promise.
Real estate investors can choose anything from unspoiled beachfront property to downtown high rise condos. Other investments, such as businesses in the tourism and service sectors, could be promising because of Panama's steadily increasing tourism industry.
In addition, many baby boomers, looking to stretch their retirement money and still enjoy a traditional retirement lifestyle, are moving to places both sunny and inexpensive. Panama draws many American retirees because of its proximity to the U.S. and the incentive programs it offers to retirees, such as tax exemptions and deferrals and discounts for entertainment and travel, among other things.
Panama investors can choose from beachfront real estate to downtown condos Further, Panama City's reputation as a business center is gaining steam, and the city has begun to draw multinational corporations to the area.
Interest in Panama's real estate market started "in the interior [of the country], where you look at places like Bocas del Toro and you look at places like Boquete, which were initially…destination locations that were hyped for their beautiful climate, low cost of living, cheap land" and other features, Matt Landau, founder and CEO of The Panama Report and a real estate consultant based in Panama City, said.
But "real estate prices have accelerated, particularly in the last two years," Lyle Burke, founder of TropicalPathways.com, an investment discovery tour company, said. "There are still many good buys…many good investment opportunities, but of course, like any other emerging market, prices are coming up."
For lots on the Pacific, "you're around $200,000 and for a house, you're probably up around $500,000," Jeff Duda of Panama Casa, a property management company, said. "If you compare it to Florida, it's still pretty cheap."
"I don't know where in Miami you can buy a 200 square meter condo overlooking the ocean for $200,000 or $300,000," Landau said.
Prices are also rising because Panama's international profile is increasing. Many multinational corporations now have locations in Panama. Panama is "a high-end business sector," and many multinational banks and law offices have set up operations in Panama, Burke said.
Panama's convenient location and infrastructure attract U.S. investors "Panama City is very much a business center of Central America," Duda said. "It is…the New York or Hong Kong of Central America."
"From a business perspective, this country is going to boom quite a ways [into] the future," he said. "The Latin American country group is ...
Small Business Opportunities As The US Shifts To A Service-Based Economy
The Bureau of Labor's statistics show the US shifting towards becoming service-oriented economy, with nearly all job creation projected over the next decade coming in the service industry. For entrepreneurs looking to cash in on the future, the medical research, healthcare, wellness, business services and green/environmental services industries are expected to be among the fastest growing business sectors. See the following article from The Street for more on this.