5k
- Thread starter TechFox
- Start date
Invest it ither in my own business (additional budget for marketing/PR of www.kashflow.co.uk)
or buy a chunk of one of a number of small companies I know of and believe I can add something to besides just cash.
or buy a chunk of one of a number of small companies I know of and believe I can add something to besides just cash.
Upvote
0
Probably use it for setting up co-lo servers for the hosting biz.
Either that or spend it as a down payment on a new Ford Focus
Either that or spend it as a down payment on a new Ford Focus
Upvote
0
colo actually isn't any more expensive than leased. We thought it would be but decided to do it anyway. The monthly payments to Dell (0% credit) and to the data centre add up to the same as the leased server charges. Once the servers are paid off we'll be saving money but still providing an improved service (our leased servers were in the US, I see yours are already UK) Plus there are other tax benefits to doing things this way. Look into it, hopefully you'll be as pleasently surprised as I was.
I don't want to hijack this thread so if you need more info please PM me or start a new thread.
I don't want to hijack this thread so if you need more info please PM me or start a new thread.
Upvote
0
Upvote
0
First I'd head straight to KFC 
Then I'd find an asset that would appreciate and provide me with a small income too
Rob
Then I'd find an asset that would appreciate and provide me with a small income too
Rob
Upvote
0
You and your campervan Jayne
I would probably spend it either on marketing my own business, or a good painting (personal assett). Something that would gain value over a number of years. This is actually rather hyperthetical, because technically I do have that amount spare but I leave it sat in the bank in a run of the mill current account when I should move it to an ISA/High Interest or similar account - or actually buy the painting I mention above!
I would probably spend it either on marketing my own business, or a good painting (personal assett). Something that would gain value over a number of years. This is actually rather hyperthetical, because technically I do have that amount spare but I leave it sat in the bank in a run of the mill current account when I should move it to an ISA/High Interest or similar account - or actually buy the painting I mention above!
Upvote
0
K
kyber
My wage slave job precludes me from holding directorships in other companies (unless I jump through lots of hoops, agree to all sorts of restrictions, and fill in way too much paperwork that has to demonstrate that it in no way competes with my employer) so I act as an investor in, and advisor to, a number of small businesses.TechFox said:
Each spare 5K I use as either a top up investment for an agreed initiative or as a new investment opportunity. Spreading the risk is key. I much prefer this approach to investing in the stock market, riskier but more personal and more interesting. My most common top up investments are for equipment and for promotion. I have some security with equipment but promotion is always tricky.
The only exception is my interests in my wife's business. I avoid investing directly as I would try to tell her what to do too much. Martial harmony is more important to me. I do give her help and advice when asked and have created (badly) and maintain (rarely) her website myself.
Stuart
Upvote
0
Similar threads
Latest Articles
-
Guilty until proven authorised: fighting a false counterfeit reportA UKBF member posted something that will make the stomach drop for anyone who sells on a...
- Ozzy
- Updated:
- 12 min read
-
Growth Britain: what's actually in it for the smallest businesses?John Healey gave his first big speech as chancellor this morning, standing in front of a row of...
- Ozzy
- Updated:
- 7 min read
-
AI can do the typing. It can't sign the accounts.Back in January, a UKBF member called @Byzantium put up a complaint that'll sound familiar to a...- Lord Moore
- Updated:
- 6 min read
-
90,000 jobs are heading your way. Your rates bill might get there firstIf you run a business in Manchester, Birmingham, Leeds or Bristol, you were probably told some...
- Ozzy
- Updated:
- 8 min read
-
How to Price a New Product or Service: We Asked UKBFOn 5 August, @Data Swami posted in the General Business Forum with a question that ought to have...
- Ozzy
- Updated:
- 7 min read