My partner and I were assigned a a project that would have us start our own business. We are only given 100,000$ and were planning on opening a pawn shop in either Las Vegas or somewhere in the South Beach area. We are planning to get most of our items by buying storage auctions, much like the show Storage Wars.
Given that renting or leasing a place in that area is going to be expensive, we are worried that we won’t have enough money to do everything that we want. Our teacher said that we must make our money legally and are not allowed to do anything illegal to make money such as money laundering or Ponzi scheme. We are also not allowed to bet on any sports events since we could possibly lose all our money as we do not know the outcome.
Any help with getting a legal way to make money would be appreciated, and unfortunately investing isn’t really an option as the project is due in 3 weeks and any way we increase our money is done by real time standards, so we have 3 weeks to get more money essentially.