Best investment for small businesses?

[Treeation]

So it seems that unless your tree surgery business grows to a medium or large business theres not much to be made as selling it as a whole. For those who are happy to stay small what do you reckon the best way to invest your profits are bearing in mind if you wanted to sell up after 5-10years and wanted the best return?

 

Obviously decent websites can be worth a few quid, buying kit will hold some value if looked after, vehicles and machinery too.

 

Any other ideas? shares? buying yard space?

Would interested to hear your thoughts:thumbup:

 

Cheers Pat

Tree Surgeon | Tree Surgery | Cheltenham, Gloucester, Stroud, Cirencester

[ballibeg]

Pension top ups.

[Will C]

a bloke said to me recently "work for cash and spend it all on classic cars you wont go far wrong"

 

But personally I couldn't answer your question, there is never any spare money after the I could do with that items

[arbmark]

really good idea for a thread, wish I could add something. I suspect the answer is invest elsewhere as alluded to above. Too many of us scratching around for work!

[foureyes]

I'd go with land! They arent making anymore of it!

[Treeation]

a bloke said to me recently "work for cash and spend it all on classic cars you wont go far wrong"

 

But personally I couldn't answer your question, there is never any spare money after the I could do with that items

 

Love it!!

[aspenarb]

Land and property or at the very least invest in yourself. Think past doing the manual work and further your education so you dont have to later in life.

 

Bob

[foureyes]

Land and property or at the very least invest in yourself. Think past doing the manual work and further your education so you dont have to later in life.

 

Bob

 

Extremely good advice that i'd say.

[richy_B]

I don't think it is possible to increase the value of your business if you are going to stay small. If you try and sell it on really it will be the value of medium/long term contracts that you have. Equipment depreciates and you are not guaranteed to be able to sell it on for anywhere near what you want.

 

If you buy land as business then still pay tax on the profit. There is the possibility of diversifying into other business(es) but you are not 'staying small' as per the question.

 

The best thing I think you can do as a small business (excuse the obvious) is earn and take home as much as possible. Profit of £60k as a LTD you can take £46k after tax. If you are doing better than that then bring you wife in as a director as well and take home another £46k. Then pay off your mortgage as quick as you can. If you are consistently making more than £120k a year profit then go see an accountant and financial adviser.

[hamdogg]

Good thread, my aim is to stay small! Nice steady less stress life I'm always in the look out for a small piece of land! But it's like rocking horse round by me!!