Hey BS family, so some good news. Long story short some of you probably remember I got royally screwed out of one of my previous employers big time where they let pretty much all of us senior management go in a very shady way.
I won't go into that full backstory to make this shorter, but basically they now just got bought out by a huge parent company and now since a lot of the senior management guys tried to sue and some did end up getting big settlements, they are now pretty much giving the rest of us a BIG severance buy out all of a sudden. So after taxes I'm looking to get about an extra 100K.
I want to re-invest it into either a lucrative low maintenance franchise business or other brilliant investments. I don't want to blow the whole 100K since I need some of it to live and re-cover the savings I burned through so what are some of the best franchise businesses to buy into or investments?
Serious answers only and let me know what worked out for you and your close ones thanks.
I am currently working a sales gig where I pretty much do business development and fly to business events and try to land big accounts. In a perfect world I'd love to keep this current gig and start something new as well if possible.
My lady has a good job as well, but she's willing to resign and work the new franchise business with me if it's promising enough. That might actually be best in a perfect world.
Serious replies only please thanks and Happy 4th to everyone.
I won't go into that full backstory to make this shorter, but basically they now just got bought out by a huge parent company and now since a lot of the senior management guys tried to sue and some did end up getting big settlements, they are now pretty much giving the rest of us a BIG severance buy out all of a sudden. So after taxes I'm looking to get about an extra 100K.
I want to re-invest it into either a lucrative low maintenance franchise business or other brilliant investments. I don't want to blow the whole 100K since I need some of it to live and re-cover the savings I burned through so what are some of the best franchise businesses to buy into or investments?
Serious answers only and let me know what worked out for you and your close ones thanks.
I am currently working a sales gig where I pretty much do business development and fly to business events and try to land big accounts. In a perfect world I'd love to keep this current gig and start something new as well if possible.
My lady has a good job as well, but she's willing to resign and work the new franchise business with me if it's promising enough. That might actually be best in a perfect world.
Serious replies only please thanks and Happy 4th to everyone.
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