We all heard it before that the worst financial investment a player or person can make in their lifetime is starting up a new restaurant... and guess what Beniri T'Chawama's post-career retirement plan? You guessed it, Beniri is going to invest his money into a family run restaurant where he and his father Lunouc T'Chawama can live out the rest of their days making pancakes and hopefully making a return on their investment. It most definitely going to be a large sum of his football money invested in the business property, licensing, as well as staff and products in the first couple of years. However, with the support of his sponsors and hopefully some endorsements from his past teammates, Beniri T'Chawama is confident that within 3-5 years he will be able to turn the large initial expense into a profit that would help sustain himself and his family for the rest of his life. Potentially, if the first location becomes extremely successful, the restaurant can become a chain with multiple locations and franchises, enabling Beniri to further support himself and his endeavors. However, it is best not to put all of the eggs in one basket so in addition to this grand plan, Beniri will be responsible in hiring a financial advisor to properly place his additional money in investments such as stocks and mutual funds. But let's be honest here, the restaurant is where it's at.
237 words
237 words