<prompt> Human: Hello, friends!Recently my long time best pal inherited 7,000 and gave me a call proposing we start some sort of a business venture.He contacted me because Ive been studying business, sales, economics, and culture for a long time now.We arent really looking to invest in paper or real estate, were just looking to own some sort of commercial business where we can purchase wholesale for cheap and sell high.We live right in the heart of the beautiful Niagara Region in Ontario, Canada - a great place for small businesses.I have a strong technical back ground as I work for Apple and have been working with carriers and IT departments for a few years now. In the past I have also worked in retail, sales, food etc.Ive also been playing music for the last 10 years so you can see I have experience all over so Im pretty open to most types of businesses.My soon to be business partner has similar experience in all of those fields, especially the food industry great cook.We are pretty much open to any of your suggestions fellow Redditors!What do you think we should do with this money? What is the best kind of business to go into based off of the information provided?  <response>: Whether 7000 is enough to really start anything depends totally on what you guys plan to do. Honestly though, Im wary of anyone who wants to jump into a business venture simply because they came into whats really a small amount of cash, especially if whatever option requires you to quit your jobs.Spend some time coming up with a plan, dont do anything on impulse, research the hell out of whatever idea comes up, and honestly I would want to have at least a years worth of income saved up if anything is going to require me to quit my job.Your best bet with that little cash is to find something you guys can take on as a project outside of your main job, and write up a partnership agreement with a lawyer before any money gets pooled together.Otherwise tell him to put it in savings, chances are it will make more money. 