If you’re looking to expand your business this year, investment opportunities could be an ideal route to go down. However, with so many different investment options out there, how can you decide which ones are right for you? Here, you’ll discover some of the best investment options for entrepreneurs wanting to expand their business in 2018.
Start-Ups
Start-up businesses can make a fantastic and potentially lucrative investment option. Since the Brexit vote, many industries have been concerned over the future of their business. However, one advantage Brexit has brought is that it’s never been a better time for start-ups.
This means there’s going to be more and more start-ups entering the market, with many desperate for funding. By funding a start-up, you can agree to get a portion of the profits. Making investments in the right start-ups can therefore really help you to expand your business. Just be sure to do as much research as possible before making an investment. Remember – many start-ups fail within their first year, so you need to be aware of the risks and research as much as you can before deciding whether or not a start-up is likely to succeed.
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Equities
When it comes to investing in stocks, equities, rather than individual stocks can be a good option. It takes a lot of hard work out of the process, as an equity manager oversees the investment for you. If you were to invest in individual stocks on the other hand, you’d be entirely responsible for building up your own portfolio and looking over annual reports, as well as make key decisions regarding disposition and acquisitions.
Providing you choose a good, reliable company, equities could prove to be a really lucrative opportunity.
Competitor analysis
This one isn’t your traditional investment opportunity, but it can really help you to expand your business. Investing in competitor analysis can prove vital in helping you to identify market changes and new strategies. By looking in-depth into your competitor’s weaknesses and strengths, you can learn from their mistakes and discover ways your business can compete.
There are specialised competitor analysis companies which can help you to gain all of the information you need. They’ll be able to carry out all of the research and data mining required to gain a complete insight, saving you both time and money.
What NOT to invest in
The above are great examples of investment options for entrepreneurs to expand their business. However, one thing you should be wary of investing in is Bitcoin. There’s been a lot of buzz surrounding bitcoin, but it isn’t an actual investment. It’s also not going to make any difference to your expansion efforts at all. You can find out more here.
Overall, start-ups, equities and competitor analysis are definitely some of the things you’ll want to focus on in 2018 if you’re an entrepreneur looking to expand. The key to success with any investment method is research. Always do your research so you can be sure you’re making the best possible investments.
