Leicester, United Kingdom (PressExposure) August 28, 2008 -- If you have just inherited a small sum of cash, rather than depositing the money in a savings account and earning a paltry sum of interest, why not invest it and start a business? Most savings accounts nowadays are paying such a small percentage of interest that it is almost not worth your time and effort to deposit it!
You could spend it. The problem with inheritance money is that once you start shopping, it goes very quickly and soon you will have none left. However if you invest it wisely and start your own business, you can make the money work harder and hopefully your pile of cash will grow.
The trick is to only invest an amount that you can do without for a few years. Any business will take at least a couple of years to start generating an income and a return. In the meantime you will not be able to access any of your investment.
If you like the idea of starting your own business but do not have a clue as to what to do, why not buy a franchise?
CityLocal is a franchise business that you can run from home. It operates in the fastest growing medium - internet advertising. You can manage your own local business directory in an exclusive territory.
In the current economic downturn, businesses are looking at ways to reduce their overheads. You can offer them a cheaper and more affordable way to reach out to their local marketplace. We will show you how easy it is to promote businesses locally.
If you would like to invest your inheritance and start a home business, give us a call on our franchise hotline number 08448 844 815.
Alternatively, you can visit our franchise pages at http://www.citylocal.co.uk/businessfranchise and fill out our enquiry form.
Money does indeed make the world go around. Spend your inheritance wisely, so that someday in the distant future, you too will be able to leave an inheritance to some fortunate individuals.