Business
I have got £100,000 to spend on setting up a business of my choice.
I have done a survey that has made me decide that I will start up a business where I can sell sports branded clothes and other sorts of sports wear. The store will cater for all ages and both males and females. Also I know from personal experiences that Loughborough sometimes has a limited choice on clothing because all the stores work …
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…business. In all I have spent £127 268 so therefore I have a lot of petty cash.
In total we had £300 000 to spend. We spent just over half of this money and now I need to do something with the other half.
As we had approximately £173,000 left we decided to put into an account where the three partners have joint access to the money. This bank account is with the Loughborough Building Society.
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