If you had $30-50k in new revenue in your business in the next 6 months, how would you invest it?

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Answers (1-10)

I would invest it back into my business by taking some courses to upgrade my knowledge so that I may be able to provide more services.

My instinct is to recommend marketing, but as a marketing strategist, I'd first spend the time making sure that your company can handle the growth or where its capacity limits are and whether you're wasting too much time and energy without a system to automate your company's various operations. Then I'd help you build the strategy to deploy the new revenue most effectively to build your company. Business is multi-faceted, and you have to be able to run on all cylinders to grow. So marketing is extremely important, but it's only one of several areas where a business must be strategic. Always do the comprehensive review to determine your next step (Guess what? I can help if you like).

I'd hope to have quadruple that, at the very least, and based on current trends.  I do not borrow unless I have the projection of three times the amount within three to four months.  30 to 50k is peanuts in the big picture.  It may be a lot to some, but let's say I had an extra 300k to 500k.  Right now there are some offshore mining platforms I would get involved with, or green technology that offers significant profit and ROI within a few months.  I am NOT interested in that kind of commitment however, and am generating that capital on my own.  I don't trust traditional lenders as far as I can throw them, and when the need for loans arise (haven't in the last five years), I certainly wouldn't seek help from a traditional loan agency, or Western based financial institution.  I have much more practical options.      

Bringing on and training more coaches to expand my business.

Employee training and marketing!  Both of these areas are constantly in demand and are effective in generating more revenue for the company.

I would invest in Rowley. Not as high priced as Newbury or Topsfield, nice town.


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