"Shaun aRe" <[email protected]> wrote in message news:[email protected] > I have been made redundant. That's tough. Advice? There are now several of you with capital sums. Consider getting in touch with one or two with whom you worked well together. Propose a joint venture. Buying a franchise is a useful first step if you're short of ideas. Meet as often as it takes to come up with a business plan, making sure not to commit the total amount of your funds. Work out a sum that will keep families etc ticking over, not forgetting that benefits are available. Take your business plan to the High Street. Having chosen a business (franchise perhaps) that you can show is viable (bringing in enough to provide the partnership minimum income with potential expansion based on the 24hr committment of the partners - ie you're the driving force and the work force) make your pitch with all the facts to hand. I recommend you look into businesses that have low labour costs, allowing you to take on staff as soon as possible - in other words no mothers in law etc in the mix (unless you're Asian of course in which case ignore this post). Catering franchises are a very good choice for a working investor or partnership. Profit margins are set high and the potential for cost savings throughout is useful. Ask any accountant. Note: The majority of workers made redundant dispose of their money as money. Sales of cars, domestic appliances, etc., booze and recreational drugs immediately rise steeply in areas where local companies go under, the skew lasting about a year. Good luck.